
Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indianola Terrace area of Columbus.


1615 N 4th St

2028 Summit St

2026 Summit St
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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.

401 E 14th Ave

399 E 14th Ave

2135 Summit St

1680 Summit St
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Indianola Terrace, Columbus, OH Local Guide

How much does it cost to rent an apartment in Indianola Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianola Terrace Studio Apartments | $833 | $650 | $975 |
| Indianola Terrace 1 Bedroom Apartments | $1,053 | $799 | $1,962 |
| Indianola Terrace 2 Bedroom Apartments | $1,284 | $850 | $1,862 |
| Indianola Terrace 3 Bedroom Apartments | $1,732 | $951 | $2,683 |
| Indianola Terrace 4 Bedroom Apartments | $2,059 | $1,500 | $2,800 |
| Indianola Terrace 5 Bedroom Apartments | $2,832 | $1,750 | $4,200 |
| Indianola Terrace 6 Bedroom Apartments | $3,286 | $2,450 | $4,600 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Indianola Terrace Neighborhood of Columbus, OH.
See all Apartments in ColumbusExplore Columbus
Cheapest Available Indianola Terrace Apartments for Rent
 The cheapest available apartment rental in the Indianola Terrace area of Columbus, OH is a Studio unit found at Hometeam Properties priced from $650. 353 E 13th Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Indianola Terrace apartments for rent in Columbus, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hometeam Properties | Studio - Multiple Available | Studio,1BA | $650 |
| 353 E 13th Ave | 353 E 13th Avenue | 2BR,1BA | $900 |
| 1680 Summit St | 2 Bed 1 Bath | 2BR,1BA | $1,020 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1,120 |
| Grant Commons | 1-Bed Flat | 1BR,1BA | $1,157 |
| 1957 Summit St | 1957 Summit St 2 Bedroom | 2BR,1BA | $1,526 |
Best Value Apartments for Rent in Indianola Terrace, OH
As of December 29, 2025 the best value apartment in the Indianola Terrace area is the $1.05 price per square foot 395 E 13th Ave Model at 395 E 13th Ave, Unit 2 in the in the North Central Columbus neighborhood starting from $1,050. The second greatest value Indianola Terrace apartment is the 2-Bed TH Model at Grant Commons starting at $1,444 with a $1.54 price per square foot in the North Central Columbus neighborhood. Here is today’s list of the best values for Indianola Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 395 E 13th Ave, Unit 2 | 395 E 13th Ave | 2BR,1BA | $1.05 |
| Grant Commons | 2-Bed TH | 2BR,1.5BA | $1.54 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1.40 |
| 1680 Summit St | 1 Bed, 1 bath | 1BR,1BA | $1.36 |
| 353 E 13th Ave | 353 E 13th Avenue | 2BR,1BA | $1.29 |
Frequently Asked Questions about Cheap Indianola Terrace Apartments
What is the price of a cheap apartment in Indianola Terrace?
The cheapest apartment in Indianola Terrace is Hometeam Properties which is listed at $799, while the average apartment in Indianola Terrace costs $6,200.
What types of apartments are the cheapest in Indianola Terrace?
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 10 regular apartments in Indianola Terrace 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 Indianola Terrace?
Cheap apartments in Indianola Terrace have an average cost of $290 which is $5,910 cheaper than the average rent for all rentals in Indianola Terrace.
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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.




















