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Apartments for Rent in California under $500 – 16 Rentals available

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California Demographics

  • Total Population38,977,672
  • Female 19,360,601
    Male 19,617,071
  • Median Age39

Average Rent in California

  • California Average Rental Price, January 2020 $2,120 /mo

California Apartment Rent Ranges

  • $701-$1,0004%
  • $1,001-$1,50019%
  • $1,501-$2,00030%
  • > $2,00047%

California Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
California $1,874 $1,933 $1,945 $1,960 $1,964 $2,050 $2,054 $2,104 $2,120
National $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,474
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California Households

  • Total Number of Households12,889,365
  • Family 8,863,184
    Non-family 4,026,181
  • Children 4,540,875
    No Children 8,348,490
  • Average People Per Household2.82
  • Median Household Income$61,623
  • Median Housing Costs Per Month$1,360

California Education Statistics

  • No High School9%
  • Some High School30%
  • Some College25%
  • Associate Degree7%
  • Bachelor Degree19%
  • Graduate Degree11%

Renting apartments in California under $500

Searching for apartments for rent in California under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In California, where the average rent is $673 per month, there are 14 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in California. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in California going for $30 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!