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Apartments Under $500 in Charlotte, NC

1 - 10 of 10 Results
41
$430
Northlake Center Apartments
Northlake Centre Pkwy Charlotte, NC
2 BR | Available Now
Contact
Air Conditioning
Fitness Center
Storage
Dishwasher
1
$400
525 Lex Dr
Charlotte, NC
1 BR | Available Now
Contact
Disability Access
23
$ Ask - 1,810
The Fairways At Piper Glen Apartments
6200 Birkdale Valley Drive Charlotte, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
19
$ Ask - 2,600
Alexan
1009 N. Caldwell St. Charlotte, NC
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
19
$ Ask - 1,395
Four One Five Flats
415 W. 10th St. Charlotte, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
22
$ Ask - 2,950
511 Queens Apartments
511 Queens Road Charlotte, NC
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
22
$ Ask - 957
Links At Citiside Apartments
5005 Community Circle Charlotte, NC
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
30
$ Ask - 2,118
Penrose
327 West Tremont Avenue Charlotte, NC
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
14
$ Ask - 1,708
Villas At Mallard Creek
1840 Ripple Way Charlotte, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
30
$ Ask - 1,880
Waterford Square Apartments
7601 Waterford Square Drive Charlotte, NC
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1 - 10 of 10 Results
  1. Home
  2. Charlotte
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Charlotte, NC on Rentable.co?

There are 10 apartments under $500 in Charlotte currently available for rent on Rentable.co.

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

Rentable.co has 91 studio apartments under $500 available for rent in Charlotte.

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

Rentable.co has 528 one-bedroom apartments under $500 available for rent in Charlotte.

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

Rentable.co has 430 two-bedroom apartments under $500 available for rent in Charlotte.

Can I afford a apartment under $500 in Charlotte, NC?

To comfortably afford a apartment under $500 in Charlotte based on average rent prices, a household would need an annual income of $17,000.

Which neighborhoods have the most apartments under $500 for rent in Charlotte, NC?

  1. East Forest
  2. South End
  3. Fourth Ward
  4. Cherry
  5. Sugaw Creek

Apartments Under $500 in Charlotte, NC: August Rental Information

Welcome to the August 2026 Charlotte 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 Charlotte 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 Charlotte and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $500 in Charlotte. Whether you're a student, young professional, or seeking budget-friendly housing options, this report will help you navigate the Charlotte rental market and find apartments that fit your budget and lifestyle needs.
0 52 105 157 210 <$800 $840 $920 $1,000 $1,080 $1,160 $1,240 $1,320 $1,400 $1,480 $1,560 $1,640 $1,720 $1,800 $1,880 $1,960 $2,040 $2,120 >$2,200
This month, the typical cost to rent a one-bedroom apartment in Charlotte stands at $1,420, with the majority falling between $800 and $2,190. Out of the 18,270 one-bedroom apartments currently on the market in Charlotte, 5 are priced below $500, accounting for 0% of the total available one-bedroom units in Charlotte.

Available Apartments Under $500: Charlotte vs. Surrounding Areas

Charlotte, NC
26
The chart above displays the number of available apartments under $500 in Charlotte, NC, and its surrounding cities. As of August 2026, the data reveals that 36 apartments are currently on the market within this price range in the Charlotte metro area. The chart includes information for several neighboring cities, including Belmont, Wingate, Bessemer City, Marvin, Matthews, Mineral Springs, Mint Hill, Monroe, Mooresville, Mount Holly, China Grove, Oakboro, Concord, Cornelius, Cramerton, Dallas, Davidson, Pineville, Gastonia, Harrisburg, Stallings, Stanfield, Stanley, Huntersville, Indian Trail, Kannapolis, Unionville, Kings Mountain, Lake Park, Waxhaw, Weddington, Wesley Chapel, Lincolnton, Locust, Rock Hill, Tega Cay, York, Fort Mill, Clover, Denver, Iron Station, Mt. Pleasant, Sherrills Ford, High Shoals, Terrell, Indian Land, Lake Wylie, Charlotte, Midland, and Mc Adenville. This data provides prospective renters with a comprehensive overview of the affordable housing options in and around Charlotte, helping them make informed decisions about their apartment search.

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

City Apartments Under $500 in August M/M % Change
Charlotte, NC 27 +0.93%
Gastonia, NC 1 +0.83%
Concord, NC 1 +1.12%
Monroe, NC 1 +1.0%
Pineville, NC 1 +1.0%
Charlotte, ND 1 +1.0%
Rock Hill, SC 1 +1.0%
Kings Mountain, NC 1 +0.33%
Mooresville, NC 1 +1.0%
Indian Trail, NC 1 -1.0%

Looking for Apartments Under $500 in Charlotte?

Available apartments under $500 1,054
Top amenities Fitness Center, Dishwasher, Pool, High Speed Internet, Clubhouse
Deals 43
Pet friendly 46
Utilities included 9
Furnished 3
1 Bedroom 31
2 Bedroom 27
3 Bedroom 9
Square footage 130 - 1,457

Where are Charlotte Apartments Under $500?

Top Neighborhoods East forest, South end, Fourth ward, Cherry, Sugaw creek
East Forest 2
South End 1
Fourth Ward 1
Cherry 1
Sugaw Creek 1
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