Cheap Apartments for Rent in the Downtown Columbus Neighborhood of Columbus, OH from $300 (145 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Columbus area of Columbus.

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

Find your next budget-friendly apartment in Columbus, OH. Discover neighborhoods like Clintonville and Near East Side, offering short commutes and a great renter lifestyle near major job centers.

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Welcome to Columbus: An Insider's Guide to Ohio's Best-Kept Secret

Discover Columbus, OH, a city of attractive urban vitality and affordable living. Get the insider scoop on nightlife, arts, parks, and low rental prices from a local expert.

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Columbus's Best Affordable Neighborhoods

Learn about Columbus and the best places to live with original content written by our Columbus, OH Local Expert Kim Mooneyham

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Downtown Columbus, Columbus, OH Local Guide

Cheapest Available Downtown Columbus Apartments for Rent

 

The cheapest available apartment rental in the Downtown Columbus area of Columbus, OH is a 2 Beds unit found at Nazareth Towers-62 & Older priced from $300. Belmont Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here are the most affordable Downtown Columbus apartments for rent in Columbus, OH:

Apartment ListingModel NameBed/BathPriced From
Nazareth Towers-62 & OlderStudio2BR,1BA$300
Belmont ApartmentsStudent RoomStudio,1BA$450
CharwaldeStudioStudio,1BA$795
Broadway Apartments0 Beds, 1 BathsStudio,1BA$800
620 E. Town Street Apartments1 BR - +$50 Water1BR,1BA$825
161 W Hubbard AveModel A1BR,1BA$895
The GaetzMicroStudio,1BA$899
41 S Grant AveSINGLE1BR,1BA$925
Park Royal ApartmentsOne Bedroom1BR,1BA$925

Best Value Apartments for Rent in Downtown Columbus, OH

As of July 23, 2026 the best value apartment in the Downtown Columbus area is the $0.93 price per square foot Smith & High Flats Model at Smith and High in the in the Downtown Columbus neighborhood starting from $1,095. The second greatest value Downtown Columbus apartment is the The Morning Model at Sonnenblick starting at $1,440 with a $1.26 price per square foot in the Downtown Columbus neighborhood. Here is today’s list of the best values for Downtown Columbus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Smith and HighSmith & High Flats1BR,1BA$0.93
SonnenblickThe Morning2BR,1.5BA$1.26
928 E 5th Ave, Unit 1928 E 5th Ave3BR,1BA$1.45
726 N High St726 N High St1BR,1BA$1.10
41 S Grant AveDOUBLE2BR,1BA$1.33
836 Harrison Ave, Unit 4836 Harrison Ave1BR,1BA$1.16
The Caravel Apartments1 Bedroom1BR,1BA$1.40
Coves at Columbus on Eaton and Miner Avenueff2x1b2BR,1BA$1.30
CharwaldeStudioStudio ,1BA$1.33
Nazareth Towers-62 & OlderStudioStudio ,1BA$0.67

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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Best Local Schools in
Downtown Columbus, Columbus, OH

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States including Downtown Columbus, Columbus, and the greater Columbus area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Columbus Apartments

What is the Cheapest Studio apartment in Downtown Columbus?

Currently the most affordable Cheap Studio Apartment in Downtown Columbus is at Nazareth Towers-62 & Older listed at $300.

How much is rent for a Cheap One Bedroom Downtown Columbus Apartment?

The lowest price for a Cheap One Bedroom Downtown Columbus Apartment is $300 at Nazareth Towers-62 & Older.

What is the lowest price for a Cheap Two Bedroom Downtown Columbus Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Columbus is starting from $300 at Nazareth Towers-62 & Older.

What is the most affordable Downtown Columbus Three Bedroom Apartment?

The best deal on a cheap Downtown Columbus Three Bedroom Apartment rental is at Alexandria Colony and starts from $1,700.

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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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.

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Welcome to Columbus: An Insider's 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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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.

decorative image for The 10 Best Affordable Neighborhoods in Columbus, OH article

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.