
Cheap Apartments for Rent in the Lake Murray Neighborhood of Columbia, SC from $1,200 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Murray area of Columbia.


The Grandview at Lake Murray

Palisades at Ballentine

The Residence at Marina Bay

The Overlook At Golden Hills Apartment Homes
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.
Lake Murray, Columbia, SC Local Guide

How much does it cost to rent an apartment in Lake Murray?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Murray 1 Bedroom Apartments | $1,869 | $1,295 | $3,542 |
Lake Murray 2 Bedroom Apartments | $2,287 | $1,435 | $4,319 |
Lake Murray 3 Bedroom Apartments | $2,458 | $1,725 | $4,480 |
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Lake Murray, Columbia, SC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Palisades at Ballentine | 1 Bedroom | 1BR,1BA | $1,295 |
The Grandview at Lake Murray | The Richland | 1BR,1BA | $1,313 |
The Overlook At Golden Hills Apartment Homes | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Residence at Marina Bay | Hilton | 1BR,1BA | $1.87 |
The Overlook At Golden Hills Apartment Homes | One Bedroom | 1BR,1BA | $1.69 |
The Grandview at Lake Murray | The Richland | 1BR,1BA | $1.67 |
Palisades at Ballentine | 1 Bedroom | 1BR,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.

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.

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.

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.

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.