Apartments Under $500 in Houston, TX

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9
$500
10100 Kempwood Dr Houston, TX
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
19
3D Tour
$450 - 500
Deal
1.8
5901 Selinsky Rd Houston, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Virtual Tour
Income Restricted
Surface Parking
Fitness Center
10
$150
Houston, TX
2 BR | Ask for Availability
Contact
8
$150
Houston, TX
2 - 3 BR | Ask for Availability
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53
$150
Houston, TX
1 BR | Ask for Availability
Contact
17
$150
Houston, TX
Studio | Ask for Availability
Contact
36
$150
Houston, TX
1 - 3 BR | Ask for Availability
Contact
19
$150
Houston, TX
1 - 2 BR | Ask for Availability
Contact
48
$150
Houston, TX
1 - 2 BR | Ask for Availability
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Upper Kirby
20
$150
Houston, TX
3 BR | Ask for Availability
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59
$150
Houston, TX
2 - 3 BR | Ask for Availability
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18
$150
Houston, TX
Studio - 1 BR | Ask for Availability
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10
$150
Houston, TX
2 BR | Ask for Availability
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37
$150
Houston, TX
3 BR | Ask for Availability
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Post Oak Terrace
10
$150
Houston, TX
1 - 2 BR | Ask for Availability
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15
$150
Houston, TX
1 - 3 BR | Ask for Availability
Contact
10
$150
Houston, TX
2 BR | Ask for Availability
Contact
10
$150
Houston, TX
1 BR | Ask for Availability
Contact
15
$150
Houston, TX
2 BR | Ask for Availability
Contact
37
$150
Houston, TX
2 BR | Ask for Availability
Contact
Post Oak Terrace
18
$150
Houston, TX
1 - 3 BR | Ask for Availability
Contact
37
$150
Houston, TX
1 - 3 BR | Ask for Availability
Contact
Post Oak Terrace
29
$150
Houston, TX
2 BR | Ask for Availability
Contact
18
$150
Houston, TX
1 - 2 BR | Ask for Availability
Contact
10
$150
Houston, TX
2 BR | Ask for Availability
Contact
53
$150
Houston, TX
1 - 2 BR | Ask for Availability
Contact
15
$150
Houston, TX
1 BR | Ask for Availability
Contact
10
$150
Houston, TX
1 - 3 BR | Ask for Availability
Contact
53
$150
Houston, TX
1 BR | Ask for Availability
Contact
10
$150
Houston, TX
1 BR | Ask for Availability
Contact
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Apartments Under $500 in Houston, TX: May Rental Information

Welcome to the May 2024 Houston Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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.
0 112 225 337 450 <$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 >$2,100
This month, the typical cost to rent a one-bedroom apartment in Houston stands at $1,070, with the majority falling between $740 and $2,100. Out of the 45,992 one-bedroom apartments currently on the market in Houston, 367 are priced below $500, accounting for 1% of the total available one-bedroom units in Houston.

Available Apartments Under $500: Houston vs. Surrounding Areas

Houston, TX
Humble, TX
Katy, TX
Spring, TX
Missouri City, TX
Baytown, TX
Pearland, TX
Webster, TX
Richmond, TX
111
11
10
6
5
5
4
3
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 2024. 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 123. 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 111 +1.03%
Humble, TX 11 +0.95%
Katy, TX 10 +0.88%
Spring, TX 6 +0.99%
Missouri City, TX 5 +1.0%
Baytown, TX 5 +1.09%
Pearland, TX 4 +1.0%
Webster, TX 3 +1.11%
Richmond, TX 3 +0.91%
Friendswood, TX 2 +0.96%

Looking for Apartments Under $500 in Houston?

Available apartments under $500 1,996
Top amenities Dishwasher, Balcony/Deck/Patio, Refrigerator, Pool, Range / Oven
Deals 20
Pet friendly 111
Utilities included 1
1 Bedroom 99
2 Bedroom 110
3 Bedroom 54
Square footage 523 - 1,661

Where are Houston Apartments Under $500?

Top Neighborhoods Post oak terrace, Spring branch, Kashmere gardens, Montrose, Upper kirby
Post Oak Terrace 4
Spring Branch 3
Kashmere Gardens 1
Montrose 1
Upper Kirby 1