Cheap Homes for Rent in Columbia, IL from $500 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Columbia.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 814 Schirmer St

814 Schirmer St

St. LouisMO63111

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 6436 Idaho Ave

6436 Idaho Ave

St. LouisMO63111

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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Showing Results 1-14, Page 1 of 1

Columbia, IL Local Guide

Cheapest Available Columbia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Columbia, IL is a 1 Bed unit found at Cottonwood Village in the Mount Pleasant neighborhood priced from $695. Chapel View Apartments in the Dutchtown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Columbia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottonwood Village1 Bed, 1 bath1BR,1BA$695
Chapel View ApartmentsStudioStudio,1BA$750
4528 Nebraska Apartments LLC1BR/1.0BA1BR,1BA$895
Concord Place Apartments2 Bedroom2BR,1BA$895
The Port ApartmentsOne Bedroom Garden1BR,1BA$899

Best Value Apartments for Rent in Columbia, IL and Nearby

As of May 10, 2025 the best value apartment in the Columbia area is the $1.14 price per square foot Standard First Floor Model at Bridgewater Apartments in the in the River Breeze Estates neighborhood starting from $1,200. The second greatest value Columbia apartment is the Cascade Model at Canyon Creek starting at $1,285 with a $1.25 price per square foot in the River Breeze Estates neighborhood. Here is today’s list of the best values for Columbia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bridgewater ApartmentsStandard First Floor2BR,2BA$1.14
Canyon CreekCascade2BR,2BA$1.25
Lyon ApartmentsB92BR,2BA$1.24
Parkshire ApartmentWilmore2BR,1BA$1.02
Green Park GardensTwo Bedroom Updated2BR,2BA$1.41
Tuscany Village Apartments2 Bedroom 1 Bath 2BR,1BA$1.21
Heritage EstatesCottage1BR,1BA$1.43
Covington Place Apartments1 Bedroom and 1 Bathroom1BR,1BA$1.40
Concord Place Apartments1 Bedoom1BR,1BA$1.40
Cottonwood Village1 Bed, 1 bath1BR,1BA$1.24

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Columbia

What type of rentals are currently available in Columbia?

There are currently 51 Apartments for Rent in Columbia, IL with pricing that ranges from $635 to $1,910. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Columbia ranging from $595 to $2,545.

What is the current price range for Rental Homes in Columbia?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Columbia ranges from $595 to $2,545 with an average monthly rent of $1,366.

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.

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis article

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.