Save Search
Skip the filters. Search with Ren, your AI assistant. Skip filters with AI.

Apartments for Rent in Oakland, CA under $500

Apartments for Rent in Oakland, CA under $500. 5 Rentals Available
5 Rentals Available
Quick filters
  • Studio $100+
    Base rent
    Verified Listing

    55 MACARTHUR BLVD, OAKLAND, CA 94610
    Pet friendly
1-0-city

Frequently asked questions

When were prices and availability in Oakland, CA last updated?

Prices and availability in Oakland, CA were last updated on 29 Jul 2026.

What are the best apartments in Oakland, CA?
What type of rental buildings are in Oakland, CA?

In Oakland, 58% of the residents are renting compared to 42% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Oakland's rentals, 64% are small-scale complexes with under 50 units, and 17% are single-family rentals.

Apartments in Oakland, CA under $500

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 5 apartments for rent in Oakland, CA 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.

Rentals near you under $500

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. 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.