Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indianola Terrace area of Columbus.

Hometeam Properties

240 Chittenden Ave

313-315 Chittenden Ave

1680 Summit St

1988 N 4th St

245 E 13th Ave

250 Chittenden Ave

426 E 15th Ave

2032 N 4th St
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 | $1,133 | $625 | $1,960 |
Indianola Terrace 2 Bedroom Apartments | $1,416 | $850 | $2,258 |
Indianola Terrace 3 Bedroom Apartments | $1,570 | $951 | $2,370 |
Indianola Terrace 4 Bedroom Apartments | $2,223 | $1,200 | $3,300 |
Indianola Terrace 5 Bedroom Apartments | $2,824 | $1,800 | $4,500 |
Indianola Terrace 6 Bedroom Apartments | $4,285 | $1,800 | $5,900 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Indianola Terrace Neighborhood of Columbus, OH.
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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 $650. 313-315 Chittenden Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. 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 |
313-315 Chittenden Ave | 313-E | 2BR,1BA | $975 |
1680 Summit St | 2 Bed 1 Bath | 2BR,1BA | $1,025 |
Grant Commons | 1-Bed Flat | 1BR,1BA | $1,094 |
1985 Summit St | 2 Beds, 1 Baths | 2BR,1BA | $1,095 |
245 E 13th Ave | Two Bedroom | 2BR,1BA | $1,125 |
1871 N 4th St | 3 Beds | 3BR,1BA | $1,175 |
Summit St 1677-1683 TPP | 2BR/1.0BA | 2BR,1BA | $1,249 |
East Village | 3 Bedroom | 3BR,2BA | $1,395 |
Best Value Apartments for Rent in Indianola Terrace, OH
As of September 19, 2025 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 North East Columbus neighborhood starting from $1,500. The second greatest value Indianola Terrace apartment is the 2-Bed TH_875 Model at Grant Commons starting at $1,287 with a $1.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1871 N 4th St | 4 Beds | 4BR,1BA | $1.20 |
Grant Commons | 2-Bed TH_875 | 2BR,1.5BA | $1.47 |
245 E 13th Ave | 1 Bedroom with Office | 1BR,1BA | $1.50 |
1680 Summit St | 1 Bed With Office | 1BR,1BA | $1.47 |
313-315 Chittenden Ave | 313-E | 2BR,1BA | $1.50 |
450 E 15th Ave, Unit OSU | 450 E 15th Ave | 1BR,1BA | $1.14 |
Getting Around the Indianola Terrace Neighborhood in Columbus, OH
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
50 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $5,500.
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 1 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 $132 which is $5,368 cheaper than the average rent for all rentals in Indianola Terrace.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.