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Apartments for Rent in Louisiana under $500

132 Rentals Available
Apartments for Rent in Louisiana under $500. 132 Rentals Available
  • a kitchen with a stove and a refrigerator
    35
    1 day ago

    608 Wilson St., Lafayette, LA 70503
    1 BED $500+
  • a row of buildings with stairs and trees
    63
    Today

    701 Pecan Street, HAMMOND, LA 70401
    2 BEDS $150+
  • a house with a parking lot in front of it
    60
    Today

    131 Billups, HAMMOND, LA 70401
    1 BED $275+
  • an old brick house with a cloudy sky in the background
    46
    Today

    504 Pecan Street, HAMMOND, LA 70401
    1 BED $250+
    2 BEDS $350+
  • a building with a spiral staircase and a tree
    78
    Today

    Janes Ln., HAMMOND, LA 70401
    1 BED $200+
    2 BEDS $275+
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  • a kitchen with wooden cabinets and a sink and a stove
    11
    1 day ago

    102-146 Gobel Rd., Egan, LA 70531
    2 BEDS $450+
  • a white house with a black roof and a porch
    28
    Today

    606 S Bonner Street, Ruston, LA 71270
    1 BED $300
  • a living room with a couch and a ceiling fan
    39
    Today

    2000 Brightside Drive, Baton Rouge, LA 70820
    3 BEDS $448
  • A living room with a couch, chair, and a painting on the wall.
    Today

    195 Parrot Beak Road, Sterlington, LA 71280
    Income Restricted
    1 BED $248
  • A playground with a blue slide and orange and green play structures.
    Today

    1121 Country Club Road, Lake Charles, LA 70605
    1 BED Ask for Pricing
  • A house with a flag on the front.
    Today

    400 Burgundy Street, Leesville, LA 71446
    1 BED $475+
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  • a building with three red doors and a sidewalk
    55
    Today

    3000 N. Oak, HAMMOND, LA 70401
    1 BED $375+
  • A small house with a blue sign on the front door.
    Today

    308 S Royal Street, Deridder, LA 70634
    3 BEDS $500
  • A kitchen with a black refrigerator and white cabinets.
    3 days ago

    1000 University Pkwy, Natchitoches, LA 71457
    STUDIO $400
14-0-state
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Getting around in Louisiana, LA

26 /100
Somewhat Bikeable
Bike Score®: 26

Frequently asked questions

When were prices and availability in Louisiana last updated?

Prices and availability in Louisiana were last updated on 25 Nov 2025.

What are the best apartments in Louisiana?

The best apartments in Louisiana are: Canebrake Apartment Homes, Reserve of Bossier City Apartment Homes, Summit of Shreveport Apartment Homes, Landing at Willow Bayou Apartment Homes and Shenandoah Bend.

What type of rental buildings are in Louisiana?

In Louisiana 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 8% of Louisiana’s apartments are found in large buildings of 50 units or more, 47% are located in smaller apartment complexes with less than 50 units, and 35% are single-family rentals.

Apartments in Louisiana 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 132 apartments for rent in Louisiana 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. The average rental size in Louisiana is 831 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. 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.

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