Cheap Apartments for Rent in Columbus, IN from $500 (13 Rentals)

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Willowood Apartments
2 Bedroom Apartments

Willowood Apartments

3541 Cardinal CtColumbus, IN 47203
Utilities inc.
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Charleston Square
1 to 2 Bedroom Apartments

Charleston Square

2410 Charleston PlColumbus, IN 47203
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Eastlake Woods
1 to 3 Bedroom Apartments

Eastlake Woods

1020 Thicket CtColumbus, IN 47201
Utilities inc.

Columbus, IN Local Guide

Cheapest Neighborhoods for Apartments in Columbus, IN

Pricing Updated: 02/26/2025

Current apartment rentals in the Columbus, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Columbus Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Columbus IN$1,475$5553134

Cheapest Available Columbus Apartments for Rent

 

The cheapest available apartment rental in Columbus, IN is a Studio unit found at Bloomfield Apartments priced from $755. Fox Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Columbus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bloomfield ApartmentsStudioStudio,1BA$755
Fox Pointe ApartmentsGarden1BR,1BA$900
Steinhurst Columbus LLCOtto1BR,1BA$1,050
Quail Run2 Bedroom (912 Sq. Ft.)2BR,1BA$1,115
Parkview Townhomes2TH2BR,1BA$1,225

Best Value Apartments for Rent in Columbus, IN

As of February 27, 2025 the best value apartment in the Columbus area is the $1.11 price per square foot 4BR Downstairs Model at Arbor at Water's Edge in the starting from $1,513. The second greatest value Columbus apartment is the Three Bedroom One Bath Large Model at Townhomes at 28th starting at $1,449 with a $1.08 price per square foot in the Downtown Columbus IN neighborhood. Here is today’s list of the best values for Columbus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor at Water's Edge4BR Downstairs4BR,2BA$1.11
Townhomes at 28thThree Bedroom One Bath Large3BR,1BA$1.08
StonegateThree Bedroom Two Bath3BR,2BA$1.22
Monarch Crossing2 bedroom2BR,2BA$1.26
Residences on Carr HillMeier2BR,1BA$1.41
Parkview Townhomes2THR2BR,1.5BA$1.53
Quail Run2 Bedroom (912 Sq. Ft.) - Renovated2BR,1.5BA$1.32
Steinhurst Columbus LLCOtto1BR,1BA$1.49
1537 Pearl St, Unit B1537 Pearl St1BR,1BA$1.39
Fox Pointe ApartmentsGarden1BR,1BA$1.48

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Columbus, IN Rentals by Map

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Getting Around Columbus, IN

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Columbus Apartments

What is the Cheapest Studio apartment in Columbus?

Currently the most affordable Cheap Studio Apartment in Columbus is at Bloomfield Apartments listed at $755.

How much is rent for a Cheap One Bedroom Columbus Apartment?

The lowest price for a Cheap One Bedroom Columbus Apartment is $900 at Fox Pointe Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Columbus is starting from $1,100 at Fox Pointe Apartments.

What is the most affordable Columbus Three Bedroom Apartment?

The best deal on a cheap Columbus Three Bedroom Apartment rental is at Townhomes at 28th and starts from $1,299.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.