Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (29 Rentals)

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

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.

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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325 E 15th Ave
Studio to 2 Bedroom Apartments

325 E 15th Ave

325 E 15th AveColumbus, OH 43201
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Stratagem Manors
Studio to 3 Bedroom Apartments

Stratagem Manors

1615 N 4th StColumbus, OH 43201
Student Housing
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2030 Summit St.
Studio to 3 Bedroom Apartments

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

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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369-373 E 12th Ave
2 Bedroom Apartments

369-373 E 12th Ave

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

1975 Summit St

1975 Summit 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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1985 Summit St
1 to 2 Bedroom Apartments

1985 Summit St

1985 Summit StColumbus, OH 43201

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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

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 ListingModel NameBed/BathPriced From
Hometeam PropertiesStudio - Multiple AvailableStudio,1BA$650
353 E 13th Ave353 E 13th Avenue2BR,1BA$900
1680 Summit St2 Bed 1 Bath2BR,1BA$1,020
245 E 13th AveTwo Bedroom2BR,1BA$1,120
Grant Commons1-Bed Flat1BR,1BA$1,157
1957 Summit St1957 Summit St 2 Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
395 E 13th Ave, Unit 2395 E 13th Ave2BR,1BA$1.05
Grant Commons2-Bed TH2BR,1.5BA$1.54
245 E 13th AveTwo Bedroom2BR,1BA$1.40
1680 Summit St1 Bed, 1 bath1BR,1BA$1.36
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 $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

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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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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.

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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.

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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.