Apartments for Rent in District of Columbia under $500
Prices and availability in District of Columbia were last updated on 21 Feb 2026.
The best apartments in District of Columbia are: 1724 T Street NW, Jasper Place, Alton District, Alta 801 and Tilden Hall Apartments.
In District of Columbia, 59% of the residents are renting compared to 41% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 45% of District of Columbia's rentals, 52% are small-scale complexes with under 50 units, and 3% are single-family rentals.
Searching for apartments for rent in District of Columbia under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in District of Columbia. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in District of Columbia going for $164 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.