Apartments for Rent in Virginia under $500
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Studio $234+Total monthly cost4521 Pretty Lake Ave, Norfolk, VA 23518Pet friendly
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Only 1 unit left2 bd $500Base rent4.5 (1)205 Diamond Street, Lexington, VA 24450Apply online • Pet friendly -
Only 2 units left2 bd $167+Base rent Income restricted101 Elkmont Dr, Elkton, VA 22827Apply online • In unit laundry • Dishwasher
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4 units available1 bd $145+2 bd $201Base rent Income restricted26463 Metompkin Rd Box 335, Parksley, VA 23421Apply online • Pet friendly • Fitness center
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Only 3 units left1 bd $378+2 bd $225Base rent Income restricted1400 Spruce Ave, Buena Vista, VA 24416Apply online • Pet friendly • Fitness center
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4 bd $496+Total monthly cost11A South Ave, Harrisonburg, VA 22801Pet friendly • Air conditioner • Washer/Dryer
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Ask for pricing3.5 (4)1508 Halter Drive, Virginia Beach, VA 23464Pet friendly • Dishwasher • Air conditioner
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4 bd $400Base rent4 Campbell Lane, Lexington, VA 24450Pet friendly -
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Frequently asked questions
When were prices and availability in Virginia last updated?
Prices and availability in Virginia were last updated on 3 Aug 2026.
What are the best apartments in Virginia?
The best apartments in Virginia are: Vistas of Annandale, Ashlawn at Southern Towers, Tapestry West, Sinclaire on Seminary and SomerHill Farms Apartments.
What type of rental buildings are in Virginia?
In Virginia, 33% of the residents are renting compared to 67% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Virginia's rentals, 54% are small-scale complexes with under 50 units, and 25% are single-family rentals.
Renting apartments in Virginia under $500
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 64 apartments for rent in Virginia from 10 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.
Finding the best rental near you
Virginia is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $145 in Virginia, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.