Apartments for Rent in Houston, TX under $500
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5 units available1 bd $150+Base rent4.0 (18)5441 Pardee Street, Houston, TX 77026Apply online
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14 units availableStudio $395+Base rent4.0 (13)13700 Veterans Memorial Dr, Houston, TX 77014Apply online
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Only 2 units leftStudio $2751 bd $400+Base rent4.5 (8)4201 Cypress Creek Pkwy Ste. 525, Houston, TX 77068Apply online
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8 units availableStudio $475+Base rent5.0 (1)3934 Cypress Creek Parkway, Houston, TX 77068Apply online • Pet friendly
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Only 3 units leftStudio $295+Base rent5.0 (3)3730 Cypress Creek Parkway, Houston, TX 77068Apply online • Pet friendly
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5 units availableStudio $325+Base rent4.0 (14)14300 Cornerstone Village Dr, Houston, TX 77014Apply online
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5 units availableStudio $300+Base rent4.5 (13)3724 Cypress Creek Parkway, Houston, TX 77068Apply online • Pet friendly
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Only 3 units leftStudio $150+Base rent4.5 (1)10210 Georgibelle Dr, Houston, TX 77043Apply online • Pet friendly
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9 units available1 bd $480+Base rent Income restricted810 Oak Street, Houston, TX 77018Apply online • Pet friendly • Fitness center
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1 bd $425+Base rent13932 VICTORIA ST, HOUSTON, TX 77015Pet friendly
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Frequently asked questions
When were prices and availability in Houston, TX last updated?
Prices and availability in Houston, TX were last updated on 23 Jun 2026.
What are the best apartments in Houston, TX?
The best apartments in Houston, TX are: Artesian on Westheimer, Metro 5514, 2400 Briarwest Apartments, The Retreat at Steeplechase and Reserve by the Lake.
What type of rental buildings are in Houston, TX?
In Houston 58% of the housing is rented out compared to 42% of homes are owned, according to the most recent Census Bureau estimates. 33% of Houston's apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.
Search for apartments in Houston, TX under $500
There’s more than one way to spend $500 on rent in Houston, TX, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.
The perfect $500 rental near you
Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Houston, TX. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 12 apartments for rent below $500 in Houston, TX for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.