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Apartments Under $500 in Durham, NC

1 - 7 of 7 Results
3
$445
Seeking Roommates For Shared Home
912 Alma St Durham, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Wellons Village
1
$500
Room In 3 Bedroom Home At E Cornwallis Rd
116 E Cornwallis Rd Durham, NC
1 BR | Available Now
Contact
House
Hillside Park
1
$495
Room In 4 Bedroom Home At Alma St
912 Alma St Durham, NC
1 BR | Available Now
Contact
House
Wellons Village
1
$495
Room In 5 Bedroom Home At Feldspar Way
421 Feldspar Way Durham, NC
1 BR | Available Now
Contact
House
Greysons Green
9
$ Ask - 863
Creekside Landing Apartments
18 Weather Hill Circle Durham, NC
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
10
$ Ask - 1,470
The Mews Apartments And Townhomes
1801 Williamsburg Rd Durham, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
In Unit Laundry
3
$ Ask - 813
Crystal Village
2.2
2610 Camellia Street Durham, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1 - 7 of 7 Results
  1. Home
  2. Durham
  3. Apartments Under $500
Frequently Asked Questions

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

There are 7 apartments under $500 in Durham currently available for rent on Rentable.co.

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

Rentable.co has 2 studio apartments under $500 available for rent in Durham.

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

Rentable.co has 96 one-bedroom apartments under $500 available for rent in Durham.

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

Rentable.co has 54 two-bedroom apartments under $500 available for rent in Durham.

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

To comfortably afford a apartment under $500 in Durham 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 Durham, NC?

  1. Wellons Village
  2. Southwest Central Durham
  3. Downtown Durham
  4. Hillside Park
  5. Greysons Green

Apartments Under $500 in Durham, NC: May Rental Information

Welcome to the May 2026 Durham 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 Durham 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 Durham and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Durham.

Prospective renters in Durham can expect a range of affordable options in their search for apartments under $500. As of May 2026, the rental market in Durham offers a variety of studio and one-bedroom options within this budget. These apartments provide practical living spaces for individuals or couples looking for cost-effective housing in the area. Furthermore, the apartments at this price range often come with essential amenities and some even offer additional features like on-site laundry facilities or fitness centers. With Rentable's detailed analysis, renters can make informed decisions when it comes to finding the perfect apartment within their budget.
0 12 25 37 50 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 $1,620 $1,700 $1,780 $1,860 $1,940 >$2,020
This month, the typical cost to rent a one-bedroom apartment in Durham stands at $1,230, with the majority falling between $650 and $1,950. Out of the 4,156 one-bedroom apartments currently on the market in Durham, 8 are priced below $500, accounting for 0% of the total available one-bedroom units in Durham.

Available Apartments Under $500: Durham vs. Surrounding Areas

Durham, NC
14
The chart above displays the number of available apartments under $500 in Durham, NC and the surrounding cities for the current month and year, May, 2026. The cities included in the chart are Oxford, Creedmoor, Roxboro, Rougemont, and Timberlake. This data provides valuable insight into the current rental market and allows prospective renters to compare the availability of affordable apartments across the metro area. In total, there are 21 apartments under $500 available in the Durham, NC metro area.

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

City Apartments Under $500 in May M/M % Change
Durham, NC 15 +0.93%

Looking for Apartments Under $500 in Durham?

Available apartments under $500 166
Top amenities Air Conditioning, Internet Included, Dishwasher, On Site Laundry, High Speed Internet
Pet friendly 21
Utilities included 19
Studio 1
1 Bedroom 31
2 Bedroom 7
Square footage 130 - 2,189

Where are Durham Apartments Under $500?

Top Neighborhoods Wellons village, Southwest central durham, Downtown durham, Hillside park, Greysons green
Wellons Village 2
Southwest Central Durham 2
Downtown Durham 1
Hillside Park 1
Greysons Green 1
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