36 Cheap Apartments for rent in Columbia, SC

Last updated August 17 at 1:33am UTC
1473 Elmtree Road
Columbia
Columbia, SC
Updated August 16 at 10:15am UTC
2 Bedrooms
$695
2118 Barhamville Road
Edgewood
Columbia, SC
Updated August 15 at 10:11pm UTC
3 Bedrooms
$695
103 Duke Ave
Hyatt Park
Columbia, SC
Updated August 15 at 11:22am UTC
3 Bedrooms
$700
1004 Village Creek Drive
Columbia
Columbia, SC
Updated August 9 at 9:47am UTC
1 Bedroom
$695
2325 Chappelle Street
Colonial Park
Columbia, SC
Updated August 8 at 9:44am UTC
2 Bedrooms
$650
3600 Chateau Drive
Columbia
Columbia, SC
Updated August 7 at 6:19am UTC
1 Bedroom
$695
320 S Beltline #37-A
Columbia
Columbia, SC
Updated August 6 at 10:45am UTC
2 Bedrooms
$625
224 Connie Dr
Columbia
Columbia, SC
Updated August 16 at 5:17pm UTC
1 Bedroom
$560
313 Byron Rd
Columbia
Columbia, SC
Updated August 16 at 1:17am UTC
2 Bedrooms
$625
131 Morninghill Dr
Columbia
Columbia, SC
Updated August 15 at 5:25pm UTC
Studio
$350
325 Percival Rd
Columbia
Columbia, SC
Updated August 12 at 5:21pm UTC
1 Bedroom
$600
7116 Tama Rd
Columbia
Columbia, SC
Updated August 12 at 5:21pm UTC
2 Bedrooms
$650
112 Arrowwood Rd
Columbia
Columbia, SC
Updated August 12 at 5:21pm UTC
1 Bedroom
$500
325 Percival Rd
Columbia
Columbia, SC
Updated July 29 at 5:10pm UTC
2 Bedrooms
$650
183 Connie Dr
Columbia
Columbia, SC
Updated August 16 at 5:19pm UTC
Studio
$475
1430 Albemarle St
College Place
Columbia, SC
Updated August 16 at 5:18pm UTC
2 Bedrooms
$525

August 2018 Columbia Rent Report

Welcome to the August 2018 Columbia Rent Report. Columbia rents increased over the past month. In this report, we'll evaluate trends in the Columbia rental market, including comparisons to cities throughout the state and nation.

View full Columbia Rent Report
Rent Report
Columbia

August 2018 Columbia Rent Report

Welcome to the August 2018 Columbia Rent Report. Columbia rents increased over the past month. In this report, we'll evaluate trends in the Columbia rental market, including comparisons to cities throughout the state and nation.

Columbia rents increase sharply over the past month

Columbia rents have increased 0.9% over the past month, but have been relatively flat at 0.1% in comparison to the same time last year. Currently, median rents in Columbia stand at $840 for a one-bedroom apartment and $970 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in April. Columbia's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 1.2%.

Rents rising across cities in South Carolina

Throughout the past year, rents have remained steady in the city of Columbia, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in South Carolina, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.4% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Mount Pleasant is the most expensive of all South Carolina's major cities, with a median two-bedroom rent of $1,600; of the 10 largest cities in the state that we have data for, Rock Hill, where a two-bedroom goes for $970, is the only major city to see rents fall year-over-year (-0.4%).
  • Greer, North Charleston, and Greenville have all experienced year-over-year growth above the state average (4.2%, 2.5%, and 2.3%, respectively).

Columbia rents more affordable than many large cities nationwide

Rent growth in Columbia has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Columbia is still more affordable than most large cities across the country.

  • Columbia's median two-bedroom rent of $970 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the stagnant growth in Columbia.
  • While rents in Columbia remained moderately stable this year, similar cities saw increases, including Phoenix (+2.4%), Atlanta (+1.8%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,050, $1,180, and $3,090 respectively.
  • Renters will find more reasonable prices in Columbia than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three times the price in Columbia.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.