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Apartments for Rent in Charlotte, NC under $500

81 Rentals Available
Apartments for Rent in Charlotte, NC under $500. 81 Rentals Available
  • Today

    14125 Orchardgate Dr, Charlotte, NC 28278
    1 BED Ask for Pricing
    2 BEDS $471+
  • Today

    Northlake Centre Parkway, Charlotte, NC 28216
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    8310 E W T Harris Blvd, Charlotte, NC 28227
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
3-0-city
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Getting around in Charlotte, NC

86 /100
Very Walkable
55 /100
Good Transit
56 /100
Bikeable
Walk Score®: 86, Transit Score®: 55, Bike Score®: 56

Frequently asked questions

When were prices and availability in Charlotte, NC last updated?

Prices and availability in Charlotte, NC were last updated on 23 Feb 2026.

What are the best apartments in Charlotte, NC?

The best apartments in Charlotte, NC are: Abberly Woods Apartment Homes, Proximity NorthLake, Loso Walk, Penrose and Walden Court.

What type of rental buildings are in Charlotte, NC?

In Charlotte 48% of the housing is rented out compared to 52% of homes are owned, according to the most recent Census Bureau estimates. 19% of Charlotte's apartments are found in large buildings of 50 units or more, 57% are located in smaller apartment complexes with less than 50 units, and 23% are single-family rentals.

Apartments in Charlotte, NC under $500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 81 apartments for rent in Charlotte, NC on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Charlotte, NC is 876 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!