Cheap Apartments for Rent in Asheville, NC from $800 (180 Rentals)

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

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
$1,175 - $1,790

Total Monthly Price

Base Rent$1,175 - $1,790
Total Monthly Price$1,175 - $1,790
Studio to 3 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
Eco-Friendly
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  • Utilities Included
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60 Webb Cove Rd, Unit UnitA
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
2 Bedroom Apartment Available Now

60 Webb Cove Rd, Unit UnitA

60 Webb Cove RdAsheville, NC 28804
Cost Per Sq.Ft.
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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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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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161 Edgewood Rd, Unit 2
$1,275

Total Monthly Price

Base Rent$1,275
Total Monthly Price$1,275
1 Bedroom Apartment Available Now

161 Edgewood Rd, Unit 2

161 Edgewood RdAsheville, NC 28804
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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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property at 116 Beverly Rd
$1,325

Total Monthly Price

Base Rent$1,325
Total Monthly Price$1,325
Studio, 1 Bath Home for Rent
Available Now
Affordability

116 Beverly Rd

AshevilleNC28805
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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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Local Guide Expert

Cheapest Neighborhoods for Apartments in Asheville, NC

Pricing Updated: 09/08/2026

Current apartment rentals in the Asheville, NC area range in price from $800 to $23,745 with an overall median price of $1,728. The three Asheville neighborhoods with the lowest median rent pricing are Beaverdam at $1,197, Grove Park at $1,400, and Henrietta Spears Street at $1,499. 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$1,197$8959
Grove Park$1,400$89517
Henrietta Spears Street$1,499$89521
Mount Carmel Commercial Center$1,499$1,15089
Grace$1,538$89567
Lakeview Park$1,538$89562
Bartrams Walk$1,550$89521
Murdock Linden$1,550$89523
Town Mountain$1,574$80070
Magnolia Farms$1,575$945167

Cheapest Available Asheville Apartments for Rent

 

The cheapest available apartment rental in Asheville, NC is a 1 Bed unit found at Crowell Square in the Biltmore Lake neighborhood priced from $861. Woods Townhomes in the Rock Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Asheville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crowell Square1 Bedroom/1 Bath1BR,1BA$861
Woods Townhomes1 Bed 1 Bath1BR,1BA$895
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
Venture at Lake JulianGlenvilleStudio,1BA$1,150
The Villas at Avery Creek1 Bedroom First Level - 680sf1BR,1BA$1,189
Creekside at AshevilleAshe 1 Bedroom1BR,1BA$1,199
11 Murdock1BR/1.0BA1BR,1BA$1,200
Parkway CrossingOverlook1BR,1BA$1,200

Best Value Apartments for Rent in Asheville, NC

As of September 08, 2026 the best value apartment in the Asheville area is the $1.42 price per square foot THE MITCHELL Model at Birch Hill Apartments in the in the Biltmore Lake neighborhood starting from $1,920. The second greatest value Asheville apartment is the Mitchell Garden Model at SouthRidge Apartments and Townhomes starting at $1,865 with a $1.39 price per square foot in the Kashmir 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.
Birch Hill ApartmentsTHE MITCHELL2BR,2BA$1.42
SouthRidge Apartments and TownhomesMitchell Garden3BR,2BA$1.39
Seasons at Biltmore Lake CondominiumsSummer2BR,2BA$1.38
Woods Townhomes3 Bed 1 Bath3BR,1BA$1.16
Woods EdgeC1c - Maple2BR,2BA$1.27
Ridge View Apartments2BR/2.0BA2BR,2BA$1.43
60 Webb Cove Rd, Unit UnitA60 Webb Cove Rd2BR,1BA$1.20
Ascent Apartment HomesJasmine2BR,2BA$1.45
Weirbridge VillageThe Laurel1BR,1BA$1.45
Crowell Square1 Bedroom/1 Bath1BR,1BA$1.44

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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How much rent can you afford?

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 Crowell Square which is listed at $861, while the average apartment in Asheville costs $1,728.

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 1,310 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 $260 which is $1,468 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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.