
Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indianola Terrace area of Columbus.


Hometeam Properties

2136-2138 Summit St

1615 N 4th St

2028 Summit St

2026 Summit St

474 E Norwich Ave
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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.

1793 1/2 N 4th St

474 1/2 E Norwich Ave

464 E Norwich Ave

1680 Summit St

353 E 13th Ave

Total Monthly Price
357 E 14th Ave, Unit 2B

245 E 13th Ave
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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.

1871 N 4th St

474 1/2 E Norwich Ave

The University Commons

325 E 15th Ave

2030 Summit St.

2083 N 4th St

Summit Street Apartments
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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.

369-373 E 12th Ave

1975 Summit St

Stratagem Manors

270 E 12th

Landis OSU Campus Apartments

Flats at 1991

Townhomes at 275
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1985 Summit St

310 E 18th Ave
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 | $775 | $650 | $900 |
| Indianola Terrace 1 Bedroom Apartments | $1,044 | $580 | $2,309 |
| Indianola Terrace 2 Bedroom Apartments | $1,372 | $850 | $2,327 |
| Indianola Terrace 3 Bedroom Apartments | $1,722 | $951 | $2,217 |
| Indianola Terrace 4 Bedroom Apartments | $2,046 | $1,500 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 30 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 | $900 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1,095 |
| 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 February 25, 2026 the best value apartment in the Indianola Terrace area is the $1.56 price per square foot 2-Bed TH Model at Grant Commons in the in the North Central Columbus neighborhood starting from $1,478. The second greatest value Indianola Terrace apartment is the Two Bedroom Model at 245 E 13th Ave starting at $1,095 with a $1.37 price per square foot in the North East 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. |
|---|---|---|---|
| Grant Commons | 2-Bed TH | 2BR,1.5BA | $1.56 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1.37 |
| 357 E 14th Ave, Unit 2B | 357 E 14th Ave | 2BR,1BA | $1.35 |
| 1680 Summit St | 1 Bed, 1 bath | 1BR,1BA | $1.20 |
| 353 E 13th Ave | 353 E 13th Avenue | 2BR,1BA | $1.29 |
| 2103 Iuka Ave, Unit D | 2103 Iuka Ave | 2BR,1BA | $2.21 |
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 $5,000.
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 $379 which is $4,621 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.

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.

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.

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.