Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Indianola Terrace area of 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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property at 269 E 13th Ave

$1,500 - $3,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,300
Total Monthly Price
$1,500 - $3,300

2 To 3 Bedroom Townhomes for Rent

Available Now

269 E 13th Ave

ColumbusOH43201

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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property at 304 E 13th Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

4 Bedroom, 2 Bath Townhome for Rent

Available Now

304 E 13th Ave

ColumbusOH43201

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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325 E 15th Ave
Studio to 2 Bedroom Apartments

325 E 15th Ave

325 E 15th AveColumbus, OH 43201
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2020-2030 Summit St
Studio to 3 Bedroom Apartments

2020-2030 Summit St

2020-2030 Summit StColumbus, OH 43201
Student Housing
  • Utilities Included
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2083 N 4th St
Studio to 5 Bedroom Apartments

2083 N 4th St

2083 N 4th StColumbus, OH 43201
  • Utilities Included
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369-373 E 12th Ave
2 Bedroom Apartments

369-373 E 12th Ave

369 E 12th AveColumbus, OH 43201
  • Utilities Included
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1975 Summit St
2 Bedroom Apartments

1975 Summit St

1975 Summit StColumbus, OH 43201
Student Housing
  • Utilities Included

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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Stratagem Manors
Studio Apartments

Stratagem Manors

1615 N 4th StColumbus, OH 43201
Student Housing
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270 E 12th
2 Bedroom Apartments

270 E 12th

270 E 12th AveColumbus, OH 43201
Student Housing
  • Utilities Included
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Flats at 1991
2 Bedroom Apartments

Flats at 1991

1991 N 4th StColumbus, OH 43201
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Townhomes at 275
2 to 4 Bedroom Apartments

Townhomes at 275

275 E 13th AveColumbus, OH 43201
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1957 Summit St
2 Bedroom Apartments

1957 Summit St

1957 Summit StColumbus, OH 43201
Student Housing
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1985 Summit St
1 to 2 Bedroom Apartments

1985 Summit St

1985 Summit StColumbus, OH 43201
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310 E 18th Ave
2 to 4 Bedroom Apartments

310 E 18th Ave

310 E 18th AveColumbus, OH 43201
Student Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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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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 $666. 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 ListingModel NameBed/BathPriced From
Hometeam PropertiesStudio - Multiple AvailableStudio,1BA$666
353 E 13th Ave353 E 13th Avenue2BR,1BA$900
1680 Summit St2 Bed 1 Bath2BR,1BA$900
245 E 13th AveTwo Bedroom2BR,1BA$1,095
Grant Commons1-Bed Flat1BR,1BA$1,265
333 E 18th Ave333.5-Available 5/1 for short term lease3BR,1BA$1,870

Best Value Apartments for Rent in Indianola Terrace, OH

As of April 12, 2026 the best value apartment in the Indianola Terrace area is the $1.50 price per square foot 333.5-Available 5/1 for short term lease Model at 333 E 18th Ave in the in the North East Columbus neighborhood starting from $1,870. The second greatest value Indianola Terrace apartment is the 2-Bed TH Model at Grant Commons starting at $1,709 with a $1.83 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 ListingModel NameBed/BathPrice Per Sq.Ft.
333 E 18th Ave333.5-Available 5/1 for short term lease3BR,1BA$1.50
Grant Commons2-Bed TH2BR,1.5BA$1.83
245 E 13th AveTwo Bedroom2BR,1BA$1.37
1680 Summit St1 Bed, 1 bath1BR,1BA$1.20
353 E 13th Ave353 E 13th Avenue2BR,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 $3,600.

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 $388 which is $3,212 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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Columbus, OH

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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

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

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

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.