Cheap Apartments for Rent in the Olde Town East Columbus Neighborhood of Columbus, OH from $300 (167 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Olde Town East Columbus 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 47 Parsons Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

47 Parsons Ave

ColumbusOH43215

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.

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

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.

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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.

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property at 798 E Whittier St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

798 E Whittier St

ColumbusOH43206

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Olde Town East Columbus, Columbus, OH Local Guide

Cheapest Available Olde Town East Columbus Apartments for Rent

 

The cheapest available apartment rental in the Olde Town East Columbus area of Columbus, OH is a 2 Beds unit found at Nazareth Towers-62 & Older priced from $300. Belmont Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here are the most affordable Olde Town East Columbus apartments for rent in Columbus, OH:

Apartment ListingModel NameBed/BathPriced From
Nazareth Towers-62 & OlderStudio2BR,1BA$300
Belmont ApartmentsStudent RoomStudio,1BA$450
Columbus Park ApartmentsThe AlumStudio,1BA$739
Fairwood Commons1 Bedroom1BR,1BA$764
The Americana ApartmentsEFF Ren StainlessStudio,1BA$775
Broadway Apartments0 Beds, 1 BathsStudio,1BA$800
620 E. Town Street Apartments1 BR - +$50 Water1BR,1BA$825
610-ROYAL YORK APARTMENTS, LLC1 Bedroom 1 Bath1BR,1BA$839
65-75 Moler St1 Beds, 1 Baths1BR,1BA$850
Franklin Park Apartments1BR/1.0BA1BR,1BA$850

Best Value Apartments for Rent in Olde Town East Columbus, OH

As of June 18, 2026 the best value apartment in the Olde Town East Columbus area is the $1.02 price per square foot 5 Bedroom 5 Bathroom Model at 610-ROYAL YORK APARTMENTS, LLC in the in the Near East Side neighborhood starting from $3,500. The second greatest value Olde Town East Columbus apartment is the 2 Bedroom 2 Bathroom Model at 620 - GOVERNORS TERRACE, LLC starting at $1,400 with a $1.09 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Olde Town East Columbus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
610-ROYAL YORK APARTMENTS, LLC5 Bedroom 5 Bathroom5BR,5BA$1.02
620 - GOVERNORS TERRACE, LLC2 Bedroom 2 Bathroom2BR,2BA$1.09
Jenkins Lofts3 Bedroom3BR,1.5BA$1.26
1116-1122 Cole St2 Beds, 1 Baths2BR,1BA$1.20
69 N 20th St, Unit I69 N 20th St2BR,1BA$1.28
1725 E Frankfort St, Unit 1725 E. Frankfort St, Columbus1725 E Frankfort St2BR,1BA$1.28
835 E Mithoff StTwo Beds2BR,1BA$1.03
Lockbourne GreeneTwo Bedroom2BR,1BA$1.17
Fairwood Commons1 Bedroom1BR,1BA$0.96
Nazareth Towers-62 & OlderStudioStudio ,1BA$0.67

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Olde Town East Columbus, Columbus, OH

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Ohio including Olde Town East Columbus, Columbus, and the greater Columbus area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Olde Town East Columbus Apartments

What is a cheap apartment in Olde Town East Columbus?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olde Town East Columbus is under $850.

What is the price of a cheap apartment in Olde Town East Columbus?

The cheapest apartment in Olde Town East Columbus is Nazareth Towers-62 & Older which is listed at $300, while the average apartment in Olde Town East Columbus costs $3,995.

What types of apartments are the cheapest in Olde Town East Columbus?

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 35 regular apartments in Olde Town East Columbus 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 Olde Town East Columbus?

Cheap apartments in Olde Town East Columbus have an average cost of $464 which is $3,531 cheaper than the average rent for all rentals in Olde Town East Columbus.

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

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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.

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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.

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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.

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

Written by: Kim Mooneyham

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.