
Cheap Apartments for Rent in the Indianola Terrace Neighborhood of Columbus, OH from $500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Indianola Terrace area of Columbus.


401 E 14th Ave

399 E 14th Ave

2135 Summit St

313 Chittenden Ave
Columbus's Best Affordable Neighborhoods
Learn about Columbus and the best places to live with original content written by our Columbus, OH Local Expert Kim Mooneyham

Makley Place Apartments

411-415-415 Chittenden Ave

1563 N 4th St

New Village Homes & Whitney Young Townhomes
Indianola Terrace, Columbus, OH Local Guide

How much does it cost to rent an apartment in Indianola Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianola Terrace Studio Apartments | $1,210 | $750 | $2,139 |
Indianola Terrace 1 Bedroom Apartments | $1,697 | $870 | $4,911 |
Indianola Terrace 2 Bedroom Apartments | $2,082 | $1,025 | $5,715 |
Indianola Terrace 3 Bedroom Apartments | $1,667 | $1,150 | $2,575 |
Indianola Terrace 4 Bedroom Apartments | $2,300 | $1,600 | $3,500 |
Indianola Terrace 5 Bedroom Apartments | $2,704 | $2,095 | $3,500 |
Indianola Terrace 6 Bedroom Apartments | $3,215 | $2,650 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Indianola Terrace Neighborhood of Columbus, OH.
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Cheapest Available Indianola Terrace Apartments for Rent
 The cheapest available apartment rental in the Indianola Terrace area of Columbus, OH is a 2 Beds unit found at 1680 Summit St priced from $940. 1985 Summit St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Indianola Terrace apartments for rent in Columbus, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1680 Summit St | 2 Bed 1 Bath | 2BR,1BA | $940 |
1985 Summit St | 2 Beds, 1 Baths | 2BR,1BA | $995 |
245 E 13th Ave | Two Bedroom | 2BR,1BA | $1,040 |
2011 Summit St. | 2BR/1.0BA | 2BR,1BA | $1,050 |
The Aubrey | The Julie | 1BR,1BA | $1,174 |
1871 N 4th St | 2 Beds | 3BR,1BA | $1,175 |
Makley Place Apartments | The Pint | Studio,1BA | $1,195 |
Summit St 1677-1683 TPP | 2BR/1.0BA | 2BR,1BA | $1,199 |
414 E 12th Ave | 2 Bedroom | 2BR,2BA | $1,200 |
Grant Commons | 1-Bed Flat | 1BR,1BA | $1,248 |
Best Value Apartments for Rent in Indianola Terrace, OH
As of March 25, 2025 the best value apartment in the Indianola Terrace area is the $1.08 price per square foot 3 Bedroom Model at 414 E 12th Ave in the in the North Central Columbus neighborhood starting from $1,400. The second greatest value Indianola Terrace apartment is the 2 Beds Model at 1871 N 4th St starting at $1,175 with a $0.94 price per square foot in the Linden neighborhood. Here is today’s list of the best values for Indianola Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
414 E 12th Ave | 3 Bedroom | 3BR,2.5BA | $1.08 |
1871 N 4th St | 2 Beds | 2BR,1BA | $0.94 |
1682 N 4th St, Unit 4th Street Balcony | 1682 N 4th St | 3BR,1BA | $1.17 |
Smith and High | 1254 N High Apt 308 +Den | 1BR,1BA | $1.91 |
Fireproof | 216 / 316 / 416 | 1BR,1BA | $1.50 |
Wilson Place | Washington | 2BR,2BA | $1.66 |
245 E 13th Ave | 1 Bedroom with Office | 1BR,1BA | $1.30 |
Grant Commons | 1-Bed Flat | 1BR,1BA | $1.63 |
1680 Summit St | 1 Bed With Office | 1BR,1BA | $1.25 |
New Village Homes & Whitney Young Townhomes | A | 1BR,1BA | $1.89 |
Getting Around the Indianola Terrace Neighborhood in Columbus, OH
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
50 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Indianola Terrace Apartments
What is a cheap apartment in Indianola Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indianola Terrace is under $1,248.
What is the price of a cheap apartment in Indianola Terrace?
The cheapest apartment in Indianola Terrace is 1680 Summit St which is listed at $940, while the average apartment in Indianola Terrace costs $5,000.
What types of apartments are the cheapest in Indianola Terrace?
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 42 regular apartments in Indianola Terrace 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 Indianola Terrace?
Cheap apartments in Indianola Terrace have an average cost of $255 which is $4,745 cheaper than the average rent for all rentals in Indianola Terrace.
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.

The 10 Best Affordable Neighborhoods in Columbus, OH
Written by: Kim Mooneyham
Although Columbus, Ohio, has a reputation for being a rowdy college town, it's large enough to offer numerous neighborhoods far away from frat houses and street parties after football games.

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.

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.