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Apartments Under $500 in Atlanta, GA

1 - 13 of 13 Results
27
$424
Fairburn Pl
Atlanta, GA
1 BR | Ask for Availability
Contact
Fairburn Heights
11
$495
Room In 4 Bedroom Home At Mcwilliams Rd Se
506 Mcwilliams Rd SE Atlanta, GA
1 BR | Available Now
Contact
House
22
$500
Room In 2 Bedroom Home At Bolingbrook Dr
2135 Bollingbrook Dr SW Atlanta, GA
1 BR | Available Now
Contact
House
9
$495
Seeking roommates for shared home
1123 #a Jones Ave NW Atlanta, GA
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
8
$420
Zane Grey Dr SE
Atlanta, GA
1 BR | Ask for Availability
Contact
1
$ Ask - 1,200
Villas Of Hope
385 Holly St NW Atlanta, GA
1 BR | Jun. 1, 2026
Contact
30
$ Ask - 1,884
Evergreen Lenox Park
100 Lenox Park Circle Ne Atlanta, GA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
24
$ Ask - 3,052
Sorelle
2399 Parkland Drive Atlanta, GA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
4
$ Ask - 1,399
Crystal Townhomes
3804 M.l.k Jr. Dr. Sw Atlanta, GA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
4
$ Ask - 1,871
Northside Plaza
440 Markham Street Sw Atlanta, GA
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Fitness Center
18
$ Ask - 2,007
M Street
950 Marietta Street Atlanta, GA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
$490
zFairburn and Gordon Apartments
195 Fairburn RD NW Atlanta, GA
2 BR | Available Now
Contact
Adamsville
1
$500
1036 Curran St Bldg B
Atlanta, GA
1 BR | Available Now
Contact
West Midtown
1 - 13 of 13 Results
  1. Home
  2. Atlanta
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Atlanta, GA on Rentable.co?

There are 13 apartments under $500 in Atlanta currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Atlanta?

Rentable.co has 140 studio apartments under $500 available for rent in Atlanta.

How many one-bedroom apartments under $500 are available in Atlanta?

Rentable.co has 1,297 one-bedroom apartments under $500 available for rent in Atlanta.

How many two-bedroom apartments under $500 are available in Atlanta?

Rentable.co has 898 two-bedroom apartments under $500 available for rent in Atlanta.

Can I afford a apartment under $500 in Atlanta, GA?

To comfortably afford a apartment under $500 in Atlanta based on average rent prices, a household would need an annual income of $20,000.

Which neighborhoods have the most apartments under $500 for rent in Atlanta, GA?

  1. Midtown
  2. Cabbagetown
  3. West Midtown
  4. Old Fourth Ward
  5. Bellwood

Apartments Under $500 in Atlanta, GA: May Rental Information

Welcome to the May 2026 Atlanta Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Atlanta rental landscape.

Our experts analyze the inventory trends for apartments under $500 - overall market rent distribution, availability by bedroom count, and month-over-month comparisons - in Atlanta and surrounding areas. This summary will also provide insight into available features and amenities, as well as location options for apartments under $500 in Atlanta.

Stay tuned to this report to keep up with the latest trends and find the perfect affordable apartment in Atlanta.
0 90 180 270 360 <$700 $760 $880 $1,000 $1,120 $1,240 $1,360 $1,480 $1,600 $1,720 $1,840 $1,960 $2,080 $2,200 $2,320 >$2,440
This month, the typical cost to rent a one-bedroom apartment in Atlanta stands at $1,590, with the majority falling between $710 and $2,410. Out of the 20,406 one-bedroom apartments currently on the market in Atlanta, 14 are priced below $500, accounting for 0% of the total available one-bedroom units in Atlanta.

Available Apartments Under $500: Atlanta vs. Surrounding Areas

Atlanta, GA
Decatur, GA
24
7
The chart above displays the number of available apartments under $500 in Atlanta, GA and surrounding cities as of May 2026. The cities near Atlanta included in the chart are College Park, Conyers, Peachtree City, Pine Lake, Powder Springs, Decatur, Doraville, Douglasville, Duluth, Riverdale, East Point, Roswell, Fairburn, Fayetteville, Forest Park, Smyrna, Snellville, Stockbridge, Stone Mountain, Hampton, Hapeville, Holly Springs, Tyrone, Union City, Acworth, Jonesboro, Kennesaw, Alpharetta, Lilburn, Austell, Loganville, Woodstock, Avondale Estates, Berkeley Lake, Marietta, Morrow, Mountain Park, Chamblee, Norcross, Clarkston, Chattahoochee Hills, Dallas, Hiram, Lithionia, Mc Donough, Palmetto, Sandy Springs, Sw Atlanta, Tucker, Grayson, Mableton, Dunwoody, Lithia Springs, Rex, Brookhaven, Johns Creek, Milton, Winston, Red Oak, Peachtree Corners, Lake Spivey Estates, Lithonia, Conley, Ellenwood, and Stonecrest. This data is meant to give prospective renters an idea of the current availability of affordable apartments in the Atlanta metro area. Currently, there are 69 apartments available at this price point in the Atlanta, GA metro area.

Apartments Under $500 Now vs. Last Month: Atlanta and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Atlanta, GA 25 +0.97%
Decatur, GA 8 +0.9%
Stone Mountain, GA 2 +1.18%
Lithonia, GA 2 +1.0%
Alpharetta, GA 2 +0.92%
Smyrna, GA 2 +1.19%
Woodstock, GA 2 +1.0%
Conley, GA 2 +0.78%
Sandy Springs, GA 2 +0.9%
East Point, GA 2 +0.89%

Looking for Apartments Under $500 in Atlanta?

Available apartments under $500 2,665
Top amenities Air Conditioning, Cable Ready, High Speed Internet, 24 Hour Maintenance, Pet Friendly Community
Deals 102
Pet friendly 11
Utilities included 8
1 Bedroom 57
2 Bedroom 43
3 Bedroom 38
Square footage 130 - 1,394

Where are Atlanta Apartments Under $500?

Top Neighborhoods Midtown, Cabbagetown, West midtown, Old fourth ward, Bellwood
Midtown 3
Cabbagetown 1
West Midtown 1
Old Fourth Ward 1
Bellwood 1
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