Cheap Apartments for Rent in Asheville, NC from $300 (153 Rentals)

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Search the lowest-cost Apartments available for rent right now in Asheville.

property at 915 Haywood Rd

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 0.5 Bath Condo for Rent

Available Now

915 Haywood Rd, Unit # d

915 Haywood Rd
AshevilleNC28806

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Kensington Place
Rent Specials
$1,200 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,790
Total Monthly Price
$1,200 - $1,790
Studio to 3 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 208 Bee Ridge Rd

$1,285

Total Monthly Price

Total Monthly Price

Base Rent
$1,285
Total Monthly Price
$1,285

2 Bedroom, 2 Bath Home for Rent

Available Now

208 Bee Ridge Rd

AshevilleNC28803

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Westmont Commons
$1,312 - $1,903
Total Monthly Price

Total Monthly Price

Base Rent
$1,312 - $1,903
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Westmont Commons

120 Chamberlain DrAsheville, NC 28806
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Verde Vista
Rent Specials
$1,357 - $4,839
Total Monthly Price

Total Monthly Price

Base Rent
$1,357 - $4,839
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Verde Vista

4110 Verde Vista CirAsheville, NC 28805
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Asheville, NC Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Asheville, NC

Pricing Updated: 07/25/2026

Current apartment rentals in the Asheville, NC area range in price from $800 to $12,144 with an overall median price of $2,707. The three Asheville neighborhoods with the lowest median rent pricing are Beaverdam at $895, Grove Park at $895, and Grove Park Sunset at $895. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Asheville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Beaverdam$1,195$8954
Grove Park$1,366$8958
Grove Park Sunset$1,771$895147
UNC Asheville$1,793$895186
Norwood Park$1,799$895187
Rock Springs$1,799$895237
Albemarle Park$1,800$895195
Five Points$1,800$895196
Magnolia Farms$1,817$945157
Grace$1,875$89559

Cheapest Available Asheville Apartments for Rent

 

The cheapest available apartment rental in Asheville, NC is a 1 Bed unit found at Woods Townhomes in the Rock Springs neighborhood priced from $895. Lakeshore Villas in the Kashmir neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $942. Here is today’s list of the most affordable Asheville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woods Townhomes1 Bed 1 Bath1BR,1BA$895
Lakeshore VillasThe Cove1BR,1BA$942
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
60 Flint St0 Beds, 1 BathsStudio,1BA$950
Crowell Square2 Bedroom/1 Bath2BR,1BA$1,025
205 Hillside St0 Beds, 1 BathsStudio,1BA$1,125
Vetra AshevilleThe Maple1BR,1BA$1,199
Reserve at AshevilleS11BR,1BA$1,199
Kensington PlaceSummitStudio,1BA$1,200
Seasons at Biltmore Lake CondominiumsWinter1BR,1BA$1,200

Best Value Apartments for Rent in Asheville, NC

As of July 25, 2026 the best value apartment in the Asheville area is the $1.45 price per square foot CLEMENT Model at The Townes at Fountain Park in the in the Biltmore Lake neighborhood starting from $1,990. The second greatest value Asheville apartment is the A5-2 Model at White Oak Grove Apartments starting at $1,878 with a $1.42 price per square foot in the Rock Springs neighborhood. Here is today’s list of the best values for Asheville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townes at Fountain ParkCLEMENT3BR,2.5BA$1.45
White Oak Grove ApartmentsA5-22BR,2BA$1.42
Birch Hill ApartmentsTHE MONARCH2BR,2BA$1.38
SouthRidge Apartments and TownhomesLooking Glass Townhouse2BR,2.5BA$1.41
Haw Creek Mews Apartments and TownhomesThe Cumberland Townhouse2BR,2.5BA$1.33
Woods Townhomes3 Bed 1 Bath3BR,1BA$1.16
Creekside at AshevilleAsheville 2 Bedroom2BR,2BA$1.44
Ridge View ApartmentsB12BR,2BA$1.40
Parkway CrossingMitchell2BR,1BA$1.45
Lakeshore VillasThe Cove1BR,1BA$1.43

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Asheville Overview

Asheville, North Carolina is a great little city in which to work, shop, dine and explore by car, bike or on foot. Asheville apartments are an ideal location from which to take advantage of new sights, sounds, tastes and experiences in arts, dining, music, history, outdoor living and award-winning craft beer consumption.

Why live in Asheville, NC?

When Good Morning America set out to find the “10 Most Beautiful Places in America” in 2011, Asheville landed on the top spot. The national morning show said the city was “rich with art, architecture and outstanding scenery.” That’s only one point of pride for a community that’s received media honors for years. WhileTopRetirements.com named it the most popular city for retiring to in 2014, the following year the Huffington Post included Asheville among its “20 U.S. Cities You Must Visit in Your 20s.” Yes, Asheville is truly timeless. Perhaps that’s one reason the Huffington Post (again) named it among its “9 Most Romantic Cities in the South” in 2015.

Asheville, NC
Population: 92,452

Ranked #354

in US Census Population by City

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Best Local Schools in
Asheville, NC

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Asheville Apartments

What is a cheap apartment in Asheville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Asheville is under $1,200.

What is the price of a cheap apartment in Asheville?

The cheapest apartment in Asheville is Woods Townhomes which is listed at $895, while the average apartment in Asheville costs $2,707.

What types of apartments are the cheapest in Asheville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,359 regular apartments in Asheville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Asheville?

Cheap apartments in Asheville have an average cost of $299 which is $2,408 cheaper than the average rent for all rentals in Asheville.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.