
Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indianola Terrace area of Columbus.


474 E Norwich Ave

1680 Summit St

346 E 13th Ave

2075 N 4th St, Unit B

245 E 13th Ave

Total Monthly Price
350 1/2 E 20th Ave, Unit 350 1/2 E 20th Ave

Total Monthly Price
390 E 16th Ave, Unit C

464 E Norwich Ave
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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.

1871 N 4th St

356 E 13th Ave

Grant Commons

432 E 16th Ave

2024 Summit St

The University Commons

325 E 15th Ave

2020-2030 Summit St

2083 N 4th St
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Summit Street Apartments

369-373 E 12th Ave

1975 Summit St

Stratagem Manors

270 E 12th

Landis OSU Campus Apartments

Flats at 1991

313-315 Chittenden Ave

1957 Summit St
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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Townhomes at 275

1985 Summit St

Summit St 1677-1683 TPP

310 E 18th Ave

302-318 E 17th Ave

Norwich Court Apartments

Trolley Park

2011 Summit St

1803 N 4th St
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Ravine Ridge Apartments

The Summit
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 1 Bedroom Apartments | $1,242 | $849 | $2,539 |
| Indianola Terrace 2 Bedroom Apartments | $1,354 | $955 | $2,229 |
| Indianola Terrace 3 Bedroom Apartments | $1,725 | $1,200 | $2,812 |
| Indianola Terrace 4 Bedroom Apartments | $2,015 | $1,500 | $2,939 |
Browse Apartments in this Neighborhood
There are currently 38 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 1 Bed unit found at Hometeam Properties priced from $849. 1680 Summit St 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 | 1 Bedroom - Multiple Floorplans Available | 1BR,1BA | $849 |
| 1680 Summit St | 2 Bed 1 Bath | 2BR,1BA | $900 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1,095 |
| 1871 N 4th St | 2 Beds | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Indianola Terrace, OH
As of July 11, 2026 the best value apartment in the Indianola Terrace area is the $1.20 price per square foot 4 Beds Model at 1871 N 4th St in the in the Flytown neighborhood starting from $1,500. 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 Flytown 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. |
|---|---|---|---|
| 1871 N 4th St | 4 Beds | 4BR,1BA | $1.20 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1.37 |
| 1680 Summit St | 1 Bed, 1 bath | 1BR,1BA | $1.20 |
Frequently Asked Questions about Cheap Indianola Terrace Apartments
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 9 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 $436 which is $2,504 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

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.

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.

Welcome to Columbus: An Insider's 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.

Where to Rent in Columbus: Mapping Major Employers to Affordable Neighborhoods
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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.