
Cheap Homes for Rent in Chestnut Hills Neighborhood of Asheville, NC from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Chestnut Hills area of Asheville.


43 Ravenscroft Dr

105 Edwin Pl
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.

30 Edgemont Rd

19 Murdock Ave

3 Wayside Rd
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.

543 College St
Chestnut Hills, Asheville, NC Local Guide

How much does it cost to rent a home in Chestnut Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut Hills 2 Bedroom Homes for Rent | $2,754 | $1,900 | $4,000 |
| Chestnut Hills 3 Bedroom Homes for Rent | $3,149 | $2,195 | $4,500 |
| Chestnut Hills 4 Bedroom Homes for Rent | $4,097 | $3,195 | $5,000 |
| Chestnut Hills 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Chestnut Hills Neighborhood of Asheville, NC.
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Chestnut Hills, Asheville, NC Local Guide
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Cheapest Available Chestnut Hills Apartments for Rent
 The cheapest available apartment rental in the Chestnut Hills area of Asheville, NC is a 1 Bed unit found at Woods Townhomes priced from $895. The Patton has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Chestnut Hills apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $895 |
| The Patton | S2 Type A | Studio,1BA | $1,150 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1,172 |
Best Value Apartments for Rent in Chestnut Hills, NC
As of February 22, 2026 the best value apartment in the Chestnut Hills area is the $2.92 price per square foot 2BR-TOWR Model at Grove Arcade Asheville in the in the Rock Springs neighborhood starting from $4,200. The second greatest value Chestnut Hills apartment is the 76 Gertrude Pl Model at 76 Gertrude Pl, Unit Carriage House starting at $1,500 with a $1.58 price per square foot in the Bartrams Walk neighborhood. Here is today’s list of the best values for Chestnut Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grove Arcade Asheville | 2BR-TOWR | 2BR,2BA | $2.92 |
| 76 Gertrude Pl, Unit Carriage House | 76 Gertrude Pl | 1BR,1BA | $1.58 |
| 11 Broadway | 1-Bedroom - 1.5 bath | 1BR,1.5BA | $3.06 |
| Reed Creek Greenway Apartments | 1 Bed-With Bonus Room | 1BR,1BA | $2.27 |
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1.10 |
| Skyloft Apartments | A2 | 1BR,1BA | $1.80 |
| The Lofts at SS/150 | 150 Balsam Cone A | 1BR,1BA | $2.42 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1.85 |
| Woodberry Apartments | Chestnut | 1BR,1BA | $2.49 |
| The Patton | S1 | Studio ,1BA | $2.49 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleChestnut Hills, Asheville, NC
Ranked #49
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Chestnut Hills, Asheville, NC
School data provided by Great Schools
Frequently Asked Questions about Chestnut Hills
What type of rentals are currently available in Chestnut Hills?
There are currently 79 Apartments for Rent in Chestnut Hills, NC with pricing that ranges from $895 to $4,935. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut Hills ranging from $750 to $5,000.
What is the current price range for Rental Homes in Chestnut Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chestnut Hills ranges from $750 to $5,000 with an average monthly rent of $2,793.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.