Cheap New Apartments for Rent in Columbus, OH from $300 (269 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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.

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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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Monarch on East Broad
$1,128 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,128 - $1,345
Total Monthly Price
$1,128 - $1,345
Built in 20201 to 2 Bedroom Apartments Available Now

Monarch on East Broad

7220 E Broad StColumbus, OH 43213
Corporate Housing
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Columbus, OH Local Guide

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Columbus, OH Area Reviews

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Kim

March 15, 2026

Great place to attend college and find a job afterward.

Frequently Asked Questions about Cheap Columbus Apartments

What is a cheap apartment in Columbus?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Columbus is under $720.

What is the price of a cheap apartment in Columbus?

The cheapest apartment in Columbus is Nazareth Towers-62 & Older which is listed at $300, while the average apartment in Columbus costs $2,901.

What types of apartments are the cheapest in Columbus?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,467 regular apartments in Columbus that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Columbus?

Cheap apartments in Columbus have an average cost of $363 which is $2,538 cheaper than the average rent for all rentals in Columbus.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Columbus, OH

Written by: Kim Mooneyham

Although Columbus, Ohio, has a reputation for being a rowdy college town, it's large enough to offer numerous neighborhoods far away from frat houses and street parties after football games.

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The Ultimate Local Expert's Guide To Top Columbus, OH Neighborhoods for College and University Student Renters

Written by: Kim Mooneyham

Columbus, OH, artfully blends a laid-back Midwest personality with the excitement of urban living and the spirited atmosphere of student life.

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Welcome to Columbus: An Insiders Guide to Ohios Best-Kept Secret

Written by: Kim Mooneyham

Visitors to Columbus, OH, won't admit it at first, but they secretly expect this Midwestern capital to resemble a sprawling version of Mayberry from the old Andy Griffith show. I'm serious.

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Where to Rent in Columbus: Mapping Major Employers to Affordable Neighborhoods

Written by: Kim Mooneyham

Ask Columbus workers where they live, and you’ll hear the same neighborhood names: University District, Clintonville, Near East Side, North Columbus, and West Columbus.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.

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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.