Cheap Studio Apartments for Rent in the Downtown Columbus Neighborhood of Columbus, OH from $300 (68 Rentals)

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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property at 246 W 5th Ave

$895 - $1,195

Studio Rentals

Available Jul 28

246 W 5th Ave

ColumbusOH43201

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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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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Park Monroe
Rent Specials
$1,199 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $4,549
Total Monthly Price
$1,199 - $4,549
Studio Apartments Available Now

Park Monroe

770 Thurber Dr EColumbus, OH 43215
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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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Downtown Columbus, Columbus, OH Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

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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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Best Local Schools in
Downtown Columbus, Columbus, OH

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Columbus Apartments

What is a cheap apartment in Downtown Columbus?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Columbus is under $875.

What is the price of a cheap apartment in Downtown Columbus?

The cheapest apartment in Downtown Columbus is Nazareth Towers-62 & Older which is listed at $300, while the average apartment in Downtown Columbus costs $3,200.

What types of apartments are the cheapest in Downtown 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 116 regular apartments in Downtown 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 Downtown Columbus?

Cheap apartments in Downtown Columbus have an average cost of $136 which is $3,064 cheaper than the average rent for all rentals in Downtown 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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.