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You probably won’t find affordable apartments under $500 in Indianapolis in the heart of the action, but you can still land in a neighborhood you love. UPDATED: November 17, 2020 So here is a list of the apartments in town that have places – as of this post being published – for under $500 a month. Look for locations on the outskirts of your dream location or reconsider how much space you really need. Apartments in Tempe Under $500. Find top apartments under $500 in Memphis, TN! Renting apartments in Pennsylvania under $500. We have included reviews where they are available. Of course, if you can’t find what you are looking for here…be sure and check out our […] Apartments under $500 in Dallas, TX offered by Cedarbrook, Chimney Hill, Cielo Ranch, Park Dale Garden, The Park on Whitehurst, Avenida Crossing, The Corners Apartments, The Brighton Apartment Homes, Summer Villas and Aspen Creek apartment communities. 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