
Cheap Apartments for Rent in the Downtown Columbus MS Neighborhood of Columbus, MS from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Columbus MS area of Columbus.


Rivergate

The Reserve

Owls Den Apartments

Fox Run - Columbus
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Vintage Apartments

419 10th St S

Colony House

1301 20th St N

607 Peach St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

514 S Martin Luther King Jr Dr

1004 3rd Ave S

100 Mill St

College Square

1620 3rd Ave N
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Falcon Lair Apartments
Downtown Columbus MS, Columbus, MS Local Guide
How much does it cost to rent an apartment in Downtown Columbus MS?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Columbus MS Studio Apartments | $1,435 | $675 | $2,195 |
| Downtown Columbus MS 1 Bedroom Apartments | $794 | $550 | $905 |
| Downtown Columbus MS 2 Bedroom Apartments | $878 | $670 | $2,400 |
| Downtown Columbus MS 3 Bedroom Apartments | $1,115 | $750 | $1,324 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Columbus MS Neighborhood of Columbus, MS.
See all Apartments in ColumbusExplore Columbus
Downtown Columbus MS, Columbus, MS Local Guide
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Cheapest Available Downtown Columbus MS Apartments for Rent
 The cheapest available apartment rental in the Downtown Columbus MS area of Columbus, MS is a 1 Bed unit found at Military Square Apartments priced from $550. Rivergate has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Downtown Columbus MS apartments for rent in Columbus, MS:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Military Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $550 |
| Rivergate | Studio Newly Renovated | Studio,1BA | $675 |
| Fox Run - Columbus | 2 x 1 | 2BR,1BA | $755 |
| Vintage Apartments | 1 BD 1BA | 1BR,1BA | $795 |
| 419 10th St S | 2 Beds, 1 bath | 2BR,1BA | $795 |
Best Value Apartments for Rent in Downtown Columbus MS, MS
As of June 19, 2026 the best value apartment in the Downtown Columbus MS area is the $0.88 price per square foot 423 Main St Model at 423 Main St, Unit 423 in the in the Downtown Columbus MS neighborhood starting from $2,195. The second greatest value Downtown Columbus MS apartment is the 2x1.5 Townhome W/D Connections Newly Renovated Model at Chateaux Holly Hills Apartments starting at $950 with a $0.73 price per square foot in the Downtown Columbus MS neighborhood. Here is today’s list of the best values for Downtown Columbus MS apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 423 Main St, Unit 423 | 423 Main St | Studio ,2BA | $0.88 |
| Chateaux Holly Hills Apartments | 2x1.5 Townhome W/D Connections Newly Renovated | 2BR,1.5BA | $0.73 |
| Fox Run - Columbus | 2 x 1 | 2BR,1BA | $0.84 |
| 419 10th St S | 2 Beds, 1 bath | 2BR,1BA | $1.01 |
| 1006 N 9th St, Unit #4 | 1006 N 9th St | 2BR,1BA | $1.26 |
| Vintage Apartments | 1 BD 1BA | 1BR,1BA | $1.33 |
| Rivergate | Studio Newly Renovated | Studio ,1BA | $1.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Columbus Ms, Columbus, MS
Ranked #1
Among cities in Mississippi for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Columbus MS Apartments
How much is rent for a Cheap One Bedroom Downtown Columbus MS Apartment?
The lowest price for a Cheap One Bedroom Downtown Columbus MS Apartment is $550 at Military Square Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Columbus MS Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Columbus MS is starting from $670 at Military Square Apartments.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.