Apartments for Rent in New Bern, NC under $500
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Palatine Meadows
3000 Academic Drive, New Bern, NC 285621 BED Ask for Pricing 2 BEDS Ask for Pricing 3 BEDS Ask for Pricing
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
Prices and availability in New Bern, NC were last updated on 22 Feb 2026.
The best apartments in New Bern, NC are: Colony Village, Comet West New Bern, Copperfield Apartments, Palatine Meadows and Tate Commons.
In New Bern, 40% of the residents are renting compared to 60% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of New Bern's rentals, 51% are small-scale complexes with under 50 units, and 32% are single-family rentals.
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 2 apartments for rent in New Bern, 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.
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 New Bern, NC is 910 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.