Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (56 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

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property at 269 E 13th Ave

$1,500 - $3,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,600
Total Monthly Price
$1,500 - $3,600

2 To 3 Bedroom Townhomes for Rent

Available Jun 1

269 E 13th Ave

ColumbusOH43201

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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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2020-2030 Summit St
Studio to 3 Bedroom Apartments

2020-2030 Summit St

2020-2030 Summit StColumbus, OH 43201
Student Housing
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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
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369-373 E 12th Ave
2 Bedroom Apartments

369-373 E 12th Ave

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

1975 Summit St

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

Stratagem Manors

1615 N 4th 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
  • Smoke Free

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1957 Summit St
2 Bedroom Apartments

1957 Summit St

1957 Summit StColumbus, OH 43201
Student Housing
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Townhomes at 275
2 to 4 Bedroom Apartments

Townhomes at 275

275 E 13th AveColumbus, OH 43201
  • Smoke Free
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1985 Summit St
1 to 2 Bedroom Apartments

1985 Summit St

1985 Summit StColumbus, OH 43201
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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
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Trolley Park
2 Bedroom Apartments

Trolley Park

423 Chittenden AveColumbus, OH 43201
Student Housing
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2011 Summit St
Studio to 2 Bedroom Apartments

2011 Summit St

2011 Summit StColumbus, OH 43201
Student Housing

Welcome to Columbus: An Insider's Guide to Ohio's Best-Kept Secret

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Showing Results 1-50, Page 1 of 2

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 $750. 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 ListingModel NameBed/BathPriced From
Hometeam PropertiesStudio - Multiple AvailableStudio,1BA$750
1680 Summit St2 Bed 1 Bath2BR,1BA$900
245 E 13th AveTwo Bedroom2BR,1BA$1,095
1871 N 4th St2 Beds2BR,1BA$1,100
Grant Commons2-Bed TH2BR,1BA$1,711
2136 Summit St- Large 5 Bedroom Home5 Bed 2 Baths w Garage1BR,1BA$2,500

Best Value Apartments for Rent in Indianola Terrace, OH

As of May 27, 2026 the best value apartment in the Indianola Terrace area is the $0.83 price per square foot 5 Bed 2 Baths w Garage Model at 2136 Summit St- Large 5 Bedroom Home in the in the North East Columbus neighborhood starting from $2,500. The second greatest value Indianola Terrace apartment is the 4 Beds Model at 1871 N 4th St starting at $1,500 with a $1.20 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.
2136 Summit St- Large 5 Bedroom Home5 Bed 2 Baths w Garage1BR,1BA$0.83
1871 N 4th St4 Beds4BR,1BA$1.20
Grant Commons2-Bed TH2BR,1.5BA$1.83
245 E 13th AveTwo Bedroom2BR,1BA$1.37
1680 Summit St1 Bed, 1 bath1BR,1BA$1.20
316 E 18th Ave316 E 18th Ave1BR,1BA$1.79

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 $849, while the average apartment in Indianola Terrace costs $3,165.

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 $484 which is $2,681 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.

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