Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Houston area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Houston, TX

1 - 30 of 51 Results
1
$ Ask - 1,175
Plaza Verde Condos For Rent
206 Plaza Verde Dr Houston, TX
2 BR | Available Now
Contact
10
$150
7556 Wilshire Pl Dr
Houston, TX
2 BR | Ask for Availability
Contact
52
$150
2956 Old Spanish Trl
Houston, TX
1 BR | Ask for Availability
Contact
14
$150
10306 Harwin Dr
Houston, TX
1 - 3 BR | Ask for Availability
Contact
34
$150
4556 N Braeswood Blvd
Houston, TX
1 - 3 BR | Ask for Availability
Contact
19
$150
76 E Briar Hollow Ln
Houston, TX
1 - 2 BR | Ask for Availability
Contact
20
$150
8591 Woodway Dr
Houston, TX
3 BR | Ask for Availability
Contact
36
$150
3622 Richmond Ave
Houston, TX
1 - 2 BR | Ask for Availability
Contact
Upper Kirby
10
$150
9556 Meyer Forest Dr
Houston, TX
1 BR | Ask for Availability
Contact
7
$500
2002 Jensen Dr
Houston, TX
Studio | Available Now
Contact
37
$150
2351 Sage RD
Houston, TX
1 - 3 BR | Ask for Availability
Contact
Post Oak Terrace
18
$150
9961 Buffalo St
Houston, TX
1 - 3 BR | Ask for Availability
Contact
29
$150
2506 Old Farm RD
Houston, TX
2 BR | Ask for Availability
Contact
18
$150
3369 Mccue RD
Houston, TX
1 - 2 BR | Ask for Availability
Contact
36
$150
2351 Sage RD
Houston, TX
3 BR | Ask for Availability
Contact
Post Oak Terrace
9
$150
9556 Meyer Forest Dr
Houston, TX
1 - 2 BR | Ask for Availability
Contact
10
$150
9556 Meyer Forest Dr
Houston, TX
2 BR | Ask for Availability
Contact
37
$150
2351 Sage RD
Houston, TX
2 BR | Ask for Availability
Contact
Post Oak Terrace
10
$150
9556 Meyer Forest Dr
Houston, TX
2 BR | Ask for Availability
Contact
10
$150
9556 Meyer Forest Dr
Houston, TX
2 BR | Ask for Availability
Contact
18
$150
13161 Woodforest Blvd
Houston, TX
Studio - 1 BR | Ask for Availability
Contact
15
$150
10306 Harwin Dr
Houston, TX
1 BR | Ask for Availability
Contact
15
$150
10306 Harwin Dr
Houston, TX
2 BR | Ask for Availability
Contact
7
$150
9707 Meyer Forest Dr
Houston, TX
2 - 3 BR | Ask for Availability
Contact
17
$150
13161 Woodforest Blvd
Houston, TX
Studio | Ask for Availability
Contact
53
$150
9763 Windwater Dr
Houston, TX
1 BR | Ask for Availability
Contact
53
$150
9763 Windwater Dr
Houston, TX
1 - 2 BR | Ask for Availability
Contact
8
$150
5356 Aeropark Dr
Houston, TX
1 - 3 BR | Ask for Availability
Contact
10
$150
5356 Aeropark Dr
Houston, TX
1 BR | Ask for Availability
Contact
1
$150
1960 W Gray St
Houston, TX
2 BR | Ask for Availability
Contact
1 - 30 of 51 Results
  1. Home
  2. Houston
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Houston, TX on Rentable.co?

There are 51 apartments under $500 in Houston currently available for rent on Rentable.co.

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

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

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

Rentable.co has 3,033 one-bedroom apartments under $500 available for rent in Houston.

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

Rentable.co has 2,179 two-bedroom apartments under $500 available for rent in Houston.

Can I afford a apartment under $500 in Houston, TX?

To comfortably afford a apartment under $500 in Houston based on average rent prices, a household would need an annual income of $6,000.

Which neighborhoods have the most apartments under $500 for rent in Houston, TX?

  1. Post Oak Terrace
  2. Spring Branch
  3. Binz
  4. Kashmere Gardens
  5. Montrose

Apartments Under $500 in Houston, TX: May Rental Information

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

Houston is a vibrant city with a diverse rental market, and this report will help you navigate the options and find the perfect apartment within your budget. Whether you're a student, young professional, or someone looking for an affordable place to call home, Rentable's monthly rent report is your comprehensive guide to the Houston rental market. Stay tuned for the latest data and market trends to make informed decisions about your next rental.
0 180 360 540 720 <$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 Houston stands at $1,040, with the majority falling between $680 and $2,030. Out of the 69,580 one-bedroom apartments currently on the market in Houston, 38 are priced below $500, accounting for 0% of the total available one-bedroom units in Houston.

Available Apartments Under $500: Houston vs. Surrounding Areas

Houston, TX
Katy, TX
Humble, TX
Spring, TX
Pearland, TX
105
6
6
4
3
The chart above provides an overview of the number of available apartments under $500 in Houston, TX and the surrounding cities as of May 2026. The surrounding cities included in the chart are Missouri City, Hilshire Village, Humble, Seabrook, Hunters Creek Village, Nassau Bay, Alvin, Shenandoah, Jersey Village, Deer Park, Southside Place, Dickinson, Katy, Oak Ridge North, Spring Valley, Stafford, Kemah, Sugar Land, Baytown, Bellaire, La Porte, Pasadena, Pearland, Tomball, League City, Friendswood, Bunker Hill Village, Webster, Manvel, West University Place, Rosenberg, Channelview, Cypress, Fresno, Huffman, Kingwood, Rosharon, Spring, Richmond, Bacliff, Hou, Crosby, Porter, Providence, Highlands, The Woodlands, Mont Belvieu, El Lago, and Atascocita. This data gives renters an understanding of the current availability of affordable apartments in the Houston metro area. The total inventory of apartments under $500 in the entire metro area is 145. Renters can use this information to identify the best options for their budget in the Houston, TX area.

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

City Apartments Under $500 in May M/M % Change
Houston, TX 106 +0.99%
Katy, TX 7 +0.85%
Humble, TX 6 +1.0%
Spring, TX 4 +1.0%
Pearland, TX 3 +0.94%
Richmond, TX 2 +0.91%
Baytown, TX 2 +1.0%
Rosenberg, TX 2 +1.08%
Nassau Bay, TX 2 +0.71%
Rosharon, TX 2 +1.0%

Looking for Apartments Under $500 in Houston?

Available apartments under $500 5,682
Top amenities Balcony/Deck/Patio, Refrigerator, Pool, Range / Oven, Secured Entry
Deals 69
Pet friendly 179
Utilities included 3
Furnished 3
1 Bedroom 187
2 Bedroom 167
3 Bedroom 54
Square footage 527 - 1,699

Where are Houston Apartments Under $500?

Top Neighborhoods Post oak terrace, Spring branch, Binz, Kashmere gardens, Montrose
Post Oak Terrace 4
Spring Branch 3
Binz 1
Kashmere Gardens 1
Montrose 1
Browse Houston Apartments
Houston Apartments by Neighborhood
Houston Apartments by Bedrooms
Houston Apartments by Affordability
Houston Apartments with Amenities
Houston Apartments by Type
Colleges Near Houston
Houston Apartments by Zip Code