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Apartments Under $500 in Atlanta, GA

1 - 16 of 16 Results
20
3D Tour
$300 - 325
PER
ROOM
Charming Atlanta Haven Near Hartsfield-Jackson
Deal
5326 Heather Ln Atlanta, GA
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
27
3D Tour
$400
PER
ROOM
2022-built West End home 2 blocks from Atlanta Beltline
Deal
1321 Oak St Atlanta, GA
1 BR | Nov. 20, 2026
Contact
Heat Included
Virtual Tour
House
In Unit Laundry
31
3D Tour
$500
PER
ROOM
Newly built Oakcliff Craftsman home with fenced backyard
Deal
243 Oakcliff Court NW Atlanta, GA
1 BR | Available Now
Contact
Heat Included
Virtual Tour
House
In Unit Laundry
Adamsville
13
$450
Seeking roommates for shared home
1123 #b Jones Ave NW Atlanta, GA
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
15
$475
Seeking roommates for shared home
2800 Butner RD Atlanta, GA
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
9
$500
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
1
$495
Room In 4 Bedroom Home At Mcwilliams Rd Se
506 Mcwilliams Rd SE Atlanta, GA
1 BR | Available Now
Contact
House
11
$268
2141 Springdale Rd SW
Atlanta, GA
1 BR | Ask for Availability
Contact
1
$ Ask - 1,100
Villas Of Hope
385 Holly St NW Atlanta, GA
1 BR | Available Now
Contact
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
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
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
4
$ Ask - 1,871
Northside Plaza
440 Markham Street Sw Atlanta, GA
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
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
1
$500
1036 Curran St Bldg B
Atlanta, GA
1 BR | Available Now
Contact
West Midtown
$490
zFairburn and Gordon Apartments
195 Fairburn RD NW Atlanta, GA
2 BR | Available Now
Contact
Adamsville
1 - 16 of 16 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 16 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 177 studio apartments under $500 available for rent in Atlanta.

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

Rentable.co has 1,443 one-bedroom apartments under $500 available for rent in Atlanta.

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

Rentable.co has 987 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 $19,000.

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

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

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

Welcome to the August 2026 Atlanta Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 75 150 225 300 <$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 $1,600, with the majority falling between $690 and $2,450. Out of the 21,648 one-bedroom apartments currently on the market in Atlanta, 28 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
Stone Mountain, GA
27
7
3
The chart above displays the number of available apartments under $500 in Atlanta, GA and surrounding cities as of August 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 63 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 August M/M % Change
Atlanta, GA 28 +1.0%
Decatur, GA 8 +1.15%
Stone Mountain, GA 4 +0.9%
Alpharetta, GA 2 +1.07%
Woodstock, GA 2 +1.0%
Marietta, GA 2 +1.0%
East Point, GA 2 +0.87%
Lilburn, GA 2 +0.71%
Smyrna, GA 2 +1.0%
Norcross, GA 1 +1.0%

Looking for Apartments Under $500 in Atlanta?

Available apartments under $500 3,069
Top amenities Air Conditioning, Stainless Steel Appliances, High Speed Internet, 24 Hour Maintenance, Pet Friendly Community
Deals 87
Pet friendly 43
Utilities included 8
1 Bedroom 61
2 Bedroom 53
3 Bedroom 37
Square footage 129 - 1,362

Where are Atlanta Apartments Under $500?

Top Neighborhoods West midtown, Adamsville, Cabbagetown, Midtown, Old fourth ward
West Midtown 2
Adamsville 2
Cabbagetown 1
Midtown 1
Old Fourth Ward 1
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