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The area along High St between Lane Ave (north Campus) and East North Broadway (southern border of Clintonville) can appear to be sketchy in some places, but if you're looking to slum it and live close to everything you might be able to find a bargain. Also check out the strip of Indianola between Lane and Broadway. It might appear sketchy and run down in some areas, but for the most part it's harmless compared to other ghetto areas of Columbus. Lotta hippies, lesibians, college kids, and at worst poor white people.
To get good deals in older neighborhoods, you pretty much need to drive up and down the streets and phisically spot the "For Rent" signs in the windows of houses. If you're going to use COTA I highly suggest sticking close to the High St busline. COTA sucks in every way possible when you have to transfer busses but if you're taking just one north-south bus it's fine.
You'll get better deals on rent if you can find something NOT on the Sep 1st rent schedule. The highest rents in Columbus start on the Sept 1 cycle to mimic the school year. Don't ask the landlord about this though... Just know that if it's not rented by Sept 1st the landlord is more likely to take a good renter to fill the place.
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