Move Here: Rent a Great Apartment for Less Than $500 a Month

Julie Ann - July 13, 2025

Dreaming of a fresh start without draining your savings? You don’t have to win the lottery to live well abroad. In fact, there are plenty of places around the world where you can rent a great apartment for under $500 a month—and still enjoy a vibrant, comfortable lifestyle. From buzzing cities to scenic beach towns, these destinations offer serious value for digital nomads, retirees, and anyone craving a budget-friendly life upgrade. Ready to pack your bags? Here are 15 countries where affordable living meets unforgettable experiences.

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1. Vietnam

Vietnam stands out as a haven for affordable urban living. In bustling cities like Ho Chi Minh City and Hanoi, you’ll find modern, fully furnished apartments with amenities like air conditioning, Wi-Fi, and security for just $300-$500 per month. Compared to Western countries, the overall cost of living is remarkably low—groceries, coffee, and transportation are all budget-friendly. According to Numbeo, rent prices in Vietnam’s major cities are a fraction of those in the U.S. or Europe, making it a compelling choice for expats and nomads.

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2. Thailand

Thailand continues to attract expats with its blend of affordability and comfort. In Bangkok and Chiang Mai, you can easily rent a stylish apartment for under $500 a month—often with perks like swimming pools, gyms, and 24-hour security. These cities are home to vibrant international communities, making it easy to connect with fellow travelers and locals alike. According to Expatistan, the cost of living here is impressively low, yet the lifestyle remains rich and rewarding.

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3. Mexico

Mexico offers a vibrant mix of culture, comfort, and affordability. In cities such as Mexico City, Guadalajara, and Merida, it’s possible to find spacious, well-located apartments for under $500 per month. Residents enjoy easy access to bustling markets, historic landmarks, and a dynamic food scene, all while benefiting from a relaxed local lifestyle. According to International Living, the rental market here provides excellent value, especially for those eager to soak up rich traditions and warm hospitality.

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4. Portugal

Portugal’s charm goes beyond its famous coastlines. In smaller cities like Coimbra and Braga, and in scenic rural areas, finding a cozy, well-appointed apartment for under $500 a month is surprisingly common. These locations offer a high quality of life, with friendly communities, historic architecture, and easy access to beautiful countryside. According to The Portugal News, property prices remain accessible, making Portugal an inviting option for those seeking old-world European allure without the high price tag.

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5. Colombia

Colombia is quickly becoming a hotspot for affordable urban living, especially in Medellín and Cartagena. Here, you’ll find modern apartments in safe neighborhoods for less than $500 a month, many with scenic views and updated amenities. Both cities boast a pleasant climate year-round and a rapidly growing expat community, making it easy to settle in and make connections. According to Numbeo, Colombia’s overall cost of living is much lower than in North America, with housing offering exceptional value.

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6. Indonesia

Indonesia is famed for its tropical beauty and laid-back lifestyle, especially in places like Bali and Yogyakarta. In these destinations, it’s easy to find stylish apartments for under $500 a month, often featuring lush gardens, pools, or communal spaces. Renters enjoy easy access to local markets, vibrant cafés, and stunning beaches—ideal for those seeking both serenity and adventure. Expatistan highlights Indonesia’s affordability, making it a top choice for anyone looking to embrace island life without stretching their budget.

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7. Bulgaria

Bulgaria is a hidden gem for affordable living in Europe. In cities like Sofia and Plovdiv, modern rentals are commonly available for less than $500 a month, often in central locations. Both cities boast a lively arts and cultural scene, vibrant nightlife, and charming historical districts. Low costs extend beyond rent to include dining, entertainment, and transportation. According to Sofia Globe, Bulgaria’s rental market remains one of the most budget-friendly in the region, making it attractive for young professionals and creatives alike.

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8. Georgia

Georgia’s capital, Tbilisi, has become a favorite among digital nomads and expats seeking value and vibrancy. Stylish apartments in the city center can be rented for under $500 a month, offering comfort and convenience in a lively setting. Locals are known for their warmth and hospitality, adding to the city’s welcoming atmosphere. The growing digital nomad community enjoys Tbilisi’s blend of tradition and modernity. According to Agenda.ge, affordable rent and a low cost of living make Georgia an increasingly popular destination.

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9. Turkey

Turkey offers an enticing mix of history, culture, and affordable seaside living. In cities like Izmir and Antalya, it’s common to find comfortable, modern apartments for under $500 per month—often just steps from the Mediterranean coast. Residents enjoy a relaxed pace of life, delicious cuisine, and easy access to markets, beach promenades, and cultural events. According to Daily Sabah, Turkey’s real estate market provides excellent value, especially for those seeking sun, sea, and savings.

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10. India

India’s dynamic cities offer exceptional value for renters. In tech hubs like Bangalore and Pune, modern apartments—often in secure complexes with amenities—are widely available for under $500 a month. Residents benefit from a vibrant local culture, diverse cuisine, and a lively social scene. The blend of tradition and innovation makes these cities both exciting and comfortable. For up-to-date rental trends and prices, India Today offers valuable insights into the ever-evolving Indian housing market.

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11. Ecuador

Ecuador is a standout for affordable, high-quality living in South America. Cities such as Cuenca and Quito offer spacious apartments in desirable neighborhoods for less than $500 per month. Expats appreciate the temperate climate, stunning mountain scenery, and welcoming local communities. The cost of living is low, yet daily life is comfortable and culturally rich. For detailed information on rental prices and expat experiences, Live and Invest Overseas provides a wealth of up-to-date resources.

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12. Romania

Romania is gaining popularity among expats seeking both affordability and a lively European atmosphere. In Bucharest and Cluj-Napoca, you’ll find modern apartments with all the amenities you’d expect—often for well under $500 a month. These cities are known for their vibrant culture, nightlife, and fascinating history, offering a unique blend of old-world charm and contemporary living. For the latest rental market trends and insights, Romania Insider is a valuable resource for would-be residents and travelers alike.

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13. Ukraine

Despite recent challenges, Ukraine’s cities remain some of the most affordable in Europe for renters. In Lviv and Kyiv, centrally-located apartments with modern finishes can often be found for under $500 a month. These cities offer rich culture, stunning architecture, and a lively urban pace. The housing market is evolving, with new developments and changing rental trends. For the latest updates and insights into local real estate, Kyiv Post provides comprehensive coverage and news.

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14. Philippines

The Philippines is a magnet for expats seeking affordable island living. In cities like Cebu and Davao, you’ll find comfortable apartments for under $500 a month—often close to gorgeous beaches and lively city centers. A strong English-speaking community makes daily life and integration easy, while friendly locals and a laid-back vibe add to the appeal. For current rental rates and property comparisons, Philippine Daily Inquirer offers helpful insights into the local housing market.

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15. Morocco

Morocco offers a unique blend of tradition and modernity, especially in cities like Marrakesh and Casablanca. Here, renters can find both charming traditional riads and sleek modern apartments for under $500 per month. Residents enjoy a vibrant street life, stunning architecture, and access to some of the world’s most flavorful cuisine. The rich cultural tapestry and affordable living costs make Morocco especially attractive. For the latest on housing trends and rental prices, Morocco World News is a trusted resource.

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Conclusion

From Southeast Asia to Europe and Latin America, the world is full of affordable, high-quality apartments waiting to be discovered. Whether you crave tropical beaches, historic cities, or vibrant urban life, each country on this list offers unique lifestyle perks without stretching your budget. Take time to research local markets and connect with expat communities to find the perfect fit for your needs. Exploring new countries on a budget isn’t just possible—it’s an exciting way to live boldly and experience the world.

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