Cheap Apartments for Rent in the Lake Murray Neighborhood of Columbia, SC from $1,200 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Murray area of Columbia.

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Lake Murray, Columbia, SC Local Guide

Cheapest Available Lake Murray Apartments for Rent

 

The cheapest available apartment rental in the Lake Murray area of Columbia, SC is a 1 Bed unit found at Palisades at Ballentine priced from $1,295. The Grandview at Lake Murray has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,313. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Palisades at Ballentine1 Bedroom1BR,1BA$1,295
The Grandview at Lake MurrayThe Richland1BR,1BA$1,313
The Overlook At Golden Hills Apartment HomesOne Bedroom1BR,1BA$1,345

Best Value Apartments for Rent in Lake Murray, SC

As of April 22, 2025 the best value apartment in the Lake Murray area is the $1.87 price per square foot Hilton Model at The Residence at Marina Bay in the in the Lake Murray neighborhood starting from $1,599. The second greatest value Lake Murray apartment is the One Bedroom Model at The Overlook At Golden Hills Apartment Homes starting at $1,330 with a $1.69 price per square foot in the Lake Murray neighborhood. Here is today’s list of the best values for Lake Murray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residence at Marina BayHilton1BR,1BA$1.87
The Overlook At Golden Hills Apartment HomesOne Bedroom1BR,1BA$1.69
The Grandview at Lake MurrayThe Richland1BR,1BA$1.67
Palisades at Ballentine1 Bedroom1BR,1BA$1.75

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Frequently Asked Questions about Cheap Lake Murray Apartments

How much is rent for a Cheap One Bedroom Lake Murray Apartment?

The lowest price for a Cheap One Bedroom Lake Murray Apartment is $1,295 at Palisades at Ballentine.

What is the lowest price for a Cheap Two Bedroom Lake Murray Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Murray is starting from $1,435 at The Overlook At Golden Hills Apartment Homes.

What is the most affordable Lake Murray Three Bedroom Apartment?

The best deal on a cheap Lake Murray Three Bedroom Apartment rental is at The Overlook At Golden Hills Apartment Homes and starts from $1,725.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.