Cheap Apartments for Rent in Asheville, NC from $300 (143 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
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Kensington Place
Rent Specials
$1,080 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,790
Total Monthly Price
$1,080 - $1,790
Studio to 3 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
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  • Utilities Included

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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68 Webb Cove Rd, Unit B
$1,200
Total Monthly Price

Total Monthly Price

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

68 Webb Cove Rd, Unit B

68 Webb Cove RdAsheville, NC 28804
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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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Westmont Commons
Rent Specials
$1,288 - $1,704
Total Monthly Price

Total Monthly Price

Base Rent
$1,288 - $1,704
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Westmont Commons

120 Chamberlain DrAsheville, NC 28806
Affordability
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20 Independence Blvd, Unit 3
$1,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,325
Total Monthly Price
$1,325
1 Bedroom Apartment Available Now

20 Independence Blvd, Unit 3

20 Independence BlvdAsheville, NC 28805
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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: 06/10/2026

Current apartment rentals in the Asheville, NC area range in price from $800 to $11,465 with an overall median price of $3,153. The three Asheville neighborhoods with the lowest median rent pricing are Beaverdam at $895, Henrietta Spears Street at $895, and Rock Springs 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$1,200$8951
Henrietta Spears Street$1,695$8954
Rock Springs$1,794$895177
Magnolia Farms$1,795$945154
Town Mountain$1,795$80043
UNC Asheville$1,800$895112
Park Avenue$1,899$1,106260
Ballentree$1,908$1,106266
Bartrams Walk$1,917$89510
Murdock Linden$1,917$89510

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. 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
Crowell Square1 Bedroom/1 Bath1BR,1BA$861
Lakeshore VillasThe Cove1BR,1BA$942
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
Kensington PlaceSummitStudio,1BA$1,080
60 Flint St1 Beds, 1 Baths1BR,1BA$1,100
Weirbridge VillageThe DogwoodStudio,1BA$1,106
Reserve at AshevilleS11BR,1BA$1,147
Grove Park Apartments0 Beds, 1 BathsStudio,1BA$1,150
Seasons at Biltmore Lake CondominiumsWinter1BR,1BA$1,200
Hawthorne at Bear CreekThe Glen2BR,1BA$1,214

Best Value Apartments for Rent in Asheville, NC

As of June 10, 2026 the best value apartment in the Asheville area is the $1.32 price per square foot The Laurel Townhouse Model at Haw Creek Mews Apartments and Townhomes in the in the Chi Asheville neighborhood starting from $2,250. The second greatest value Asheville apartment is the The Vance Model at Highline North Apartments starting at $1,912 with a $1.45 price per square foot in the Little Flat Creek 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.
Haw Creek Mews Apartments and TownhomesThe Laurel Townhouse3BR,2.5BA$1.32
Highline North ApartmentsThe Vance3BR,2BA$1.45
Mountain ViewChimney Rock3BR,2BA$1.47
Vetra AshevilleThe Magnolia3BR,2BA$1.40
SouthRidge Apartments and TownhomesGraybeard Townhouse2BR,2.5BA$1.43
17 Unaka Ave17 Unaka Ave2BR,1BA$1.34
2193 Butler Bridge Rd2193 Butler Bridge Rd2BR,1.5BA$1.18
The Lofts at Reynolds Village2 Bedroom 2 Bath2BR,2BA$1.44
Lakeshore VillasThe Cove1BR,1BA$1.43
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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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 $1,214.

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 $3,153.

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 1,450 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 $393 which is $2,760 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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.