
Cheap Homes for Rent in Indianola Terrace Neighborhood of Columbus, OH from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Indianola Terrace area of Columbus.


464 E Norwich Ave

1803 N 4th St

432 E 16th Ave
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.

1652 Summit St

269 E 13th Ave

1659 N 4th St

1974 N 4th St
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.
Indianola Terrace, Columbus, OH Local Guide

How much does it cost to rent a home in Indianola Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianola Terrace 2 Bedroom Homes for Rent | $1,331 | $1,100 | $1,500 |
| Indianola Terrace 3 Bedroom Homes for Rent | $2,306 | $1,575 | $3,600 |
| Indianola Terrace 4 Bedroom Homes for Rent | $2,486 | $2,000 | $3,400 |
| Indianola Terrace 5 Bedroom Homes for Rent | $2,524 | $2,000 | $3,100 |
| Indianola Terrace 6 Bedroom Homes for Rent | $3,290 | $1,999 | $5,100 |
| Indianola Terrace 7 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Indianola Terrace Neighborhood of Columbus, OH.
Explore 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hometeam Properties | Studio - Multiple Available | Studio,1BA | $750 |
| 1680 Summit St | 2 Bed 1 Bath | 2BR,1BA | $900 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1,095 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2136 Summit St- Large 5 Bedroom Home | 5 Bed 2 Baths w Garage | 1BR,1BA | $0.83 |
| 1871 N 4th St | 4 Beds | 4BR,1BA | $1.20 |
| Grant Commons | 2-Bed TH | 2BR,1.5BA | $1.83 |
| 245 E 13th Ave | Two Bedroom | 2BR,1BA | $1.37 |
| 1680 Summit St | 1 Bed, 1 bath | 1BR,1BA | $1.20 |
| 316 E 18th Ave | 316 E 18th Ave | 1BR,1BA | $1.79 |
Frequently Asked Questions about Indianola Terrace
What type of rentals are currently available in Indianola Terrace?
There are currently 207 Apartments for Rent in Indianola Terrace, OH with pricing that ranges from $750 to $3,600. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianola Terrace ranging from $850 to $6,000.
What is the current price range for Rental Homes in Indianola Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianola Terrace ranges from $850 to $6,000 with an average monthly rent of $2,779.
How much are larger Three and Four Bedroom Rentals in Indianola Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianola Terrace range from $1,200 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,500.
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.

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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 Insiders 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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.