Cheap Apartments for Rent in the Downtown Asheville Neighborhood of Asheville, NC from $300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Asheville area of Asheville.

Maple Crest Apartments

Reed Creek Greenway Apartments
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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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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.
Downtown Asheville, Asheville, NC Local Guide

How much does it cost to rent an apartment in Downtown Asheville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Asheville Studio Apartments | $1,508 | $1,095 | $4,135 |
Downtown Asheville 1 Bedroom Apartments | $1,854 | $795 | $4,494 |
Downtown Asheville 2 Bedroom Apartments | $2,440 | $895 | $7,695 |
Downtown Asheville 3 Bedroom Apartments | $2,580 | $995 | $7,799 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Asheville Neighborhood of Asheville, NC.
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Downtown Asheville, Asheville, NC Local Guide
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Cheapest Available Downtown Asheville Apartments for Rent
 The cheapest available apartment rental in the Downtown Asheville area of Asheville, NC is a 1 Bed unit found at Woods Townhomes priced from $795. Reed Creek Greenway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Downtown Asheville apartments for rent in Asheville, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $795 |
Reed Creek Greenway Apartments | Studio | Studio,1BA | $1,095 |
Radview Apartments | River & Rails | Studio,1BA | $1,295 |
Enclave Piney Mountain | S1 | Studio,1BA | $1,342 |
Willow Ridge | Asheville | 2BR,1BA | $1,380 |
Best Value Apartments for Rent in Downtown Asheville, NC
As of August 30, 2025 the best value apartment in the Downtown Asheville area is the $1.58 price per square foot A2-2 Model at White Oak Grove Apartments in the in the Dover Charles Travis neighborhood starting from $1,727. The second greatest value Downtown Asheville apartment is the B2A Model at The District starting at $2,090 with a $1.97 price per square foot in the Kenilworth neighborhood. Here is today’s list of the best values for Downtown Asheville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
White Oak Grove Apartments | A2-2 | 2BR,2BA | $1.58 |
The District | B2A | 2BR,2BA | $1.97 |
360 Hilliard Apartments | 2 Bedroom | 2BR,2BA | $1.71 |
116 Lookout Dr, Unit B | 116 Lookout Dr | 2BR,1.5BA | $1.75 |
Woods Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
Retreat At Hunt Hill | Beaucatcher-A3 | 1BR,1BA | $1.85 |
Willow Ridge | Asheville | 2BR,1.5BA | $1.73 |
Skyloft Apartments | A1 | 1BR,1BA | $2.04 |
Beaucatcher Flats | A1 | 1BR,1BA | $2.38 |
The Northside at Merrimon | 1 bed/1 bath flat | 1BR,1BA | $2.15 |
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Pet Friendly LifestyleDowntown Asheville, Asheville, NC
Ranked #9
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Asheville, Asheville, NC
School Of Inquiry And Life Science
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina, including Asheville. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Downtown Asheville Neighborhood in Asheville, NC
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Asheville Apartments
What is a cheap apartment in Downtown Asheville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Asheville is under $1,550.
What is the price of a cheap apartment in Downtown Asheville?
The cheapest apartment in Downtown Asheville is Woods Townhomes which is listed at $795, while the average apartment in Downtown Asheville costs $2,200.
What types of apartments are the cheapest in Downtown 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 40 regular apartments in Downtown 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 Downtown Asheville?
Cheap apartments in Downtown Asheville have an average cost of $234 which is $1,966 cheaper than the average rent for all rentals in Downtown Asheville.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.