ABODO is now Rentable! Learn more

Apartments Under $500 in San Antonio, TX

  1. Home
  2. San Antonio Apartments
  3. Apartments Under $500
Get your search on...
Apartments Under $500 in San Antonio, TX

Search and browse 17565 apartments under $500 available for rent in San Antonio, TX. With apartments that span the entire city, you will find an apartment in San Antonio for just the right price. During your search, sort your favorite apartments under $500 by one of our listed amenities — covered parking, in-unit washer and dryer, a rooftop pool, a modern fitness center, an updated kitchen, energy efficient appliances, smart technology, online leasing, payments, and more. Want to tour a property? Schedule a tour online and you’ll be moving in to your new San Antonio apartment before you know it.

San Antonio:
June Rent Report

Welcome to the June 2021 San Antonio Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2021 key findings and figures for the San Antonio rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Antonio and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Antonio average rent prices in the chart below.

Monthly Rent Report

San Antonio Rent Prices Decrease From May to June

San Antonio rent prices decreased over the last month. From May to June, the city experienced a -1.78% decrease for the price of a one-bedroom apartment. The rent price for a San Antonio one-bedroom apartments currently stands at $994.0.

When we take a look at the two-bedroom comparison from May to June, San Antonio experienced a -0.65% decrease for the price of a two-bedroom apartment. The rent price for a San Antonio two-bedroom apartments currently stands at $1,214.0.

June Prices: San Antonio vs. Surrounding Areas

Rent Prices in San Antonio and Surrounding Areas

Rent prices have decreased in San Antonio over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the San Antonio suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in New Braunfels, TX, Universal City, TX, Converse, TX .

  • Rent decreased in Alamo Heights, TX, Boerne, TX, Selma, TX.

  • 2 suburbs are currently priced higher than the city of San Antonio.

  • 4 suburbs are currently priced lower than the city of San Antonio.

June 2021 Pricing Trends: San Antonio vs. National Comparisons

San Antonio Rent Prices More Affordable Than Major Cities

Rent growth in San Antonio over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, San Antonio average rent prices appear to be relatively affordable for local residents.

The price for a San Antonio one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's June 2021 National Apartment Report and data set here.

For more information about San Antonio and surrounding area rent prices, take a look at the complete data set below.

Data set for San Antonio and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
San Antonio, TX $1,012.0 -1.46% $1,222.0 -0.41%
Alamo Heights, TX $1,425.0 0.00% $1,610.0 0.25%
New Braunfels, TX $1,079.0 1.32% $1,376.0 1.25%
Universal City, TX $854.0 0.24% $1,019.0 1.09%
Converse, TX $962.0 0.73% $1,151.0 -0.35%
Boerne, TX $962.0 -0.10% $1,136.0 0.35%
Selma, TX $983.0 -0.91% $1,297.0 -0.38%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.