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Apartments for Rent in Charlotte, NC under $500

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  • 4 units available
    2 bd $454+
    Base rent Income restricted
    Verified Listing

    Mayfield Terrace LLC (NIA Point)

    1120 Mayfield Terrace Dr, Charlotte, NC 28216
    Apply online • Pet friendly • Laundry Facilities
  • Ask for pricing
    Income restricted
    Verified Listing

    Seigle 60 LLC (McAden Park)

    1303 Seigle Avenue, Charlotte, NC 28205
    Pet friendly
  • 400 East Blvd 1 Apartment for Rent
    Ask for pricing
    Income restricted
    Verified Listing

    First Ward 2

    400 East Blvd, Charlotte, NC 28203
    Pet friendly • Fitness center • Pool
  • 400 East Blvd 1 Apartment for Rent
    Ask for pricing
    Income restricted
    Verified Listing

    FW Recap Operating

    400 East Blvd, Charlotte, NC 28203
    Pet friendly • Fitness center • Pool
  • 400 East Blvd 1 Apartment for Rent
    Ask for pricing
    Income restricted
    Verified Listing

    First Ward 1

    400 East Blvd, Charlotte, NC 28203
    Pet friendly • Fitness center • Pool
  • 5-0-city
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Frequently asked questions

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

Prices and availability in Charlotte, NC were last updated on 29 Oct 2026.

What are the best apartments in Charlotte, NC?

The best apartments in Charlotte, NC are: Autumn Park Apartments, Inspire, Highland Mill Lofts, Linz Charlotte and Ashford Green.

What type of rental buildings are in Charlotte, NC?

In Charlotte 49% of the housing is rented out compared to 51% of homes are owned, according to the most recent Census Bureau estimates. 21% of Charlotte's apartments are found in large buildings of 50 units or more, 55% are located in smaller apartment complexes with less than 50 units, and 23% are single-family rentals.

Your search for apartments in Charlotte, NC under $500 stops here

Finding apartments for rent in Charlotte, NC for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 8 available units in Charlotte, NC, renting for under $500. On average, $583 can get you 1,024 Sq.M. in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in Charlotte, NC goes for $454 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.