Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

close
View Me
325 E 15th Ave
Studio to 2 Bedroom Apartments

325 E 15th Ave

325 E 15th AveColumbus, OH 43201
close
View Me
2030 Summit St.
Studio to 3 Bedroom Apartments

2030 Summit St.

2020-2030 Summit StColumbus, OH 43201
Student Housing
  • Utilities Included
close
View Me
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.

close
View Me
369-373 E 12th Ave
2 Bedroom Apartments

369-373 E 12th Ave

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

1975 Summit St

1975 Summit StColumbus, OH 43201
Student Housing
  • Utilities Included
close
View Me
Stratagem Manors
Studio Apartments

Stratagem Manors

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

270 E 12th

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

Flats at 1991

1991 N 4th StColumbus, OH 43201
  • Smoke Free
close
View Me
Townhomes at 275
2 to 4 Bedroom Apartments

Townhomes at 275

275 E 13th AveColumbus, OH 43201
  • Smoke Free

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.

close
View Me
1985 Summit St
1 to 2 Bedroom Apartments

1985 Summit St

1985 Summit StColumbus, OH 43201
close
View Me
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$900
245 E 13th AveTwo Bedroom2BR,1BA$1,095
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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grant Commons2-Bed TH2BR,1.5BA$1.56
245 E 13th AveTwo Bedroom2BR,1BA$1.37
357 E 14th Ave, Unit 2B357 E 14th Ave2BR,1BA$1.35
1680 Summit St1 Bed, 1 bath1BR,1BA$1.20
353 E 13th Ave353 E 13th Avenue2BR,1BA$1.29
2103 Iuka Ave, Unit D2103 Iuka Ave2BR,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

decorative image for The 10 Best Affordable Neighborhoods in Columbus, OH article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.