Cheap Apartments for Rent in the Shepard Neighborhood of Columbus, OH from $400 (116 Rentals)

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

property at 2835 E 13th Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

5 Bedroom, 2 Bath Home for Rent

Available Now

2835 E 13th Ave

ColumbusOH43219

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 196 Clifton Ct

$849 - $910

1 To 2 Bedroom Rentals

Available Now

196 Clifton Ct

ColumbusOH43203
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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property at 340 St Clair Ave

$880 - $1,200

Studio To 2 Bedroom Rentals

Available Now

340 St Clair Ave

ColumbusOH43203

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 1318 E 17th Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

3 Bedroom, 1 Bath Townhome for Rent

Available Now

1318 E 17th Ave

ColumbusOH43211
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69 N 20th St, Unit I
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150
2 Bedroom Apartment Available Now

69 N 20th St, Unit I

69 N 20th StColumbus, OH 43203
Affordability

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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Shepard, Columbus, OH Local Guide

Cheapest Available Shepard Apartments for Rent

 

The cheapest available apartment rental in the Shepard area of Columbus, OH is a Studio unit found at Belmont Apartments priced from $450. Fairwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $764. Here are the most affordable Shepard apartments for rent in Columbus, OH:

Apartment ListingModel NameBed/BathPriced From
Belmont ApartmentsStudent RoomStudio,1BA$450
Fairwood Commons1 Bedroom1BR,1BA$764
Gateway ApartmentsGateway 1 bedroom1BR,1BA$765
530 - JAMES PLAZA1 Bedroom 1 Bathroom1BR,1BA$789
Broadway Apartments0 Beds, 1 BathsStudio,1BA$800
Bexley Plaza ApartmentsAspen1BR,1BA$810
620 E. Town Street Apartments1 BR - +$50 Water1BR,1BA$825
610-ROYAL YORK APARTMENTS, LLC1 Bedroom 1 Bath1BR,1BA$839
Clifton Woods Apartments1 BD 1 BA1BR,1BA$850
Franklin Park Apartments1BR/1.0BA1BR,1BA$850

Best Value Apartments for Rent in Shepard, OH

As of June 12, 2026 the best value apartment in the Shepard 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 Shepard 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 Shepard 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
Broadleigh LoftsThree Bedroom3BR,2BA$1.31
1116-1122 Cole St2 Beds, 1 Baths2BR,1BA$1.20
The Harris2 Bed- B2BR,2BA$1.22
69 N 20th St, Unit I69 N 20th St2BR,1BA$1.28
1573-1579 Cordell Ave2 Beds, 1 Baths2BR,1BA$1.19
Fairwood Commons1 Bedroom1BR,1BA$0.96
781 Bryden Rd, Unit 3781 Bryden Rd1BR,1BA$1.20
530 - JAMES PLAZA1 Bedroom 1 Bathroom1BR,1BA$1.26

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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Pet Friendly Lifestyle
Shepard, Columbus, OH

Ranked #47

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Shepard, Columbus, OH

School data provided by Great Schools

Lifestyle Ratings

Our team compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Columbus, OH. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Shepard Apartments

What is a cheap apartment in Shepard?

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

What is the price of a cheap apartment in Shepard?

The cheapest apartment in Shepard is Fairwood Commons which is listed at $764, while the average apartment in Shepard costs $3,995.

What types of apartments are the cheapest in Shepard?

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 49 regular apartments in Shepard 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 Shepard?

Cheap apartments in Shepard have an average cost of $148 which is $3,847 cheaper than the average rent for all rentals in Shepard.

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

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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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