$1,195 Per Month
- 3 Beds
- 2 Baths
- Condo for Rent
1505 Richmond Rd Unit A, Columbia, TN 38401
Property Id: 9193231505 A Richmond Road / Columbia3 Bed / 2 Bath Duplex$1,195/ month $1,195 / depositNo Pets. No smoking in unit.
(931) 286-7811
Frequently Asked Questions
How much does it cost to rent a condo in Columbia, TN?
The median rent for a condo in Columbia, TN is $1,500 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Columbia, TN?
To comfortably afford the median rent in Columbia, TN, a household needs to earn roughly $72,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,800 per month in Columbia, TN, renters typically need to show $5,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Columbia, TN?
In Columbia, TN, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
