Cheap Homes for Rent in Downtown Columbus Neighborhood of Columbus, OH from $800 (18 Rentals)

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

property at 47 Parsons Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

47 Parsons Ave

ColumbusOH43215

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.

property at 463 N High St

$1,350 - $1,450

1 Bedroom Rentals

Available Now

463 N High St

ColumbusOH43215

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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$775
Broadway Apartments0 Beds, 1 BathsStudio,1BA$800
620 E. Town Street Apartments1 BR - +$50 Water1BR,1BA$825

Best Value Apartments for Rent in Downtown Columbus, OH

As of June 08, 2026 the best value apartment in the Downtown Columbus area is the $1.26 price per square foot The Morning Model at Sonnenblick in the in the Downtown Columbus neighborhood starting from $1,440. The second greatest value Downtown Columbus apartment is the Smith and High Lofts + Den Model at Smith and High starting at $1,495 with a $1.48 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.
SonnenblickThe Morning2BR,1.5BA$1.26
Smith and HighSmith and High Lofts + Den1BR,1BA$1.48
New Yorker2BR/1.5BA2BR,1.5BA$1.35
1157 Michigan Ave, Unit 1157 MIchigan1157 Michigan Ave1BR,1BA$1.20
41 S Grant AveDOUBLE2BR,1BA$1.33
786-792 Thomas Ave2 Beds, 1.5 Baths2BR,1.5BA$1.48
836 Harrison Ave, Unit 4836 Harrison Ave1BR,1BA$1.16
Coves at Columbus on Eaton and Miner Avenueff2x1b2BR,1BA$1.30
CharwaldeStudioStudio ,1BA$1.29
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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Quick 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.

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Frequently Asked Questions about Downtown Columbus

What type of rentals are currently available in Downtown Columbus?

There are currently 531 Apartments for Rent in Downtown Columbus, OH with pricing that ranges from $300 to $10,240. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Columbus ranging from $850 to $5,500.

What is the current price range for Rental Homes in Downtown Columbus?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Columbus ranges from $850 to $5,500 with an average monthly rent of $2,794.

How much are larger Three and Four Bedroom Rentals in Downtown Columbus?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Columbus range from $1,230 to $7,425, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $5,250. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,225.

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

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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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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.