Apartments for Rent in North Carolina under $500
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1 bd $421+Base rent Income restricted4.0 (2)114 Hunting Ridge Road, Roanoke Rapids, NC 27870Pet friendly • Fitness center • In unit laundry
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1 bd $405+Base rent5.0 (38)1825 Old Wilkesboro Rd., Statesville, NC 28625Apply online • Fitness center • In unit laundry
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1 bd $500Base rent Income restricted4.5 (3)213 Rose Street, Rocky Mount, NC 27801Pet friendly • Fitness center • In unit laundry
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Only 2 units left1 bd $4302 bd $485Base rent6736 Bone Creek Drive, Fayetteville, NC 28314 -
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Only 1 unit left1 bd $4402 bd $500Base rent4.5 (1)117 Covey Run Lane, Whiteville, NC 28472 -
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Only 1 unit left1 bd $4402 bd $500Base rent117 Covey Quail Lane, Whiteville, NC 28472 -
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Only 1 unit left1 bd $3812 bd $436Base rent4810 Canyon Crest Circle, Fayetteville, NC 28314 -
1 bd $455Base rent Income restricted4.5 (6)200 Keller Way Drive, Goldsboro, NC 27530
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Only 1 unit left2 bd $500Base rent1905 Taylor Street, Durham, NC 27703Apply online • Pet friendly -
5 units available1 bd $465+Base rent112AB & 114AB Adams Street, Greensboro, NC 27403Apply online -
Rent specials Only 1 unit left1 bd $500Total monthly cost2100 Old North Carolina 98 Hwy, Wake Forest, NC 27587Apply online • Pet friendly
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Ask for pricing4.0 (3)2200 Sunbury Way, Greenville, NC 27858Pet friendly • In unit laundry • Dishwasher
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Ask for pricing4.5 (9)613 Hull Drive, Elizabeth City, NC 27909Pet friendly • Fitness center • In unit laundry
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Ask for pricing4.5 (6)1420 4Th Street Drive, NW, Hickory, NC 28601Pet friendly • Fitness center • In unit laundry
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Ask for pricing4.5 (8)105 South Center Street, Hickory, NC 28602Pet friendly • Fitness center • In unit laundry
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Ask for pricing5.0 (1)3000 Academic Drive, New Bern, NC 28562Pet friendly • Fitness center • In unit laundry
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Ask for pricing4.5 (6)126 Vance Po Road, Statesville, NC 28625Pet friendly • In unit laundry • Dishwasher
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Ask for pricing3324 Frontgate Drive #13, Greenville, NC 27834Pet friendly • Patio/Balcony • Air conditioner
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Studio $465Base rent1912 Taylor Street, Durham, NC 27703Pet friendly -
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Studio $225Base rent140 Doe Run Lane, Mount Airy, NC 27030Pet friendly -
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Studio $225Base rent188 Doe Run Lane, Mount Airy, NC 27030Pet friendly -
1 bd $470Base rent4.0 (7)2501 17Th Ave NE, Hickory, NC 28601Pet friendly
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2 bd $400Base rent4.5 (1)1956 Adam St, Conover, NC 28613Pet friendly
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Frequently asked questions
When were prices and availability in North Carolina last updated?
Prices and availability in North Carolina were last updated on 24 Jun 2026.
What are the best apartments in North Carolina?
The best apartments in North Carolina are: Alden Place at South Square, Ansley at Roberts Lake, Autumn Park Apartments, Huntington Apartments and Retreat at Arden Farms.
What type of rental buildings are in North Carolina?
In North Carolina 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 9% of North Carolina's apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 32% are single-family rentals.
Your search for apartments in North Carolina under $500 stops here
Finding apartments for rent in North Carolina for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 50 available units in North Carolina, renting for under $500. On average, $481 can get you 875 Sqft 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 North Carolina goes for $215 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.