Cheap Apartments for Rent in the Downtown Asheville Neighborhood of Asheville, NC from $300 (39 Rentals)

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

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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Eagle Market Place
Studio to 3 Bedroom Apartments

Eagle Market Place

21 Eagle StAsheville, NC 28801
  • Utilities Included
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Woodridge Apartments
1 to 4 Bedroom Apartments

Woodridge Apartments

61 Bingham RdAsheville, NC 28806
  • Utilities Included

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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Ledgewood Village
1 to 4 Bedroom Apartments

Ledgewood Village

15 Future DrAsheville, NC 28803
  • Utilities Included
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Overlook Apartments
1 Bedroom Apartments

Overlook Apartments

127 Bartlett StAsheville, NC 28801
Senior Living
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Glen Rock
1 to 3 Bedroom Apartments

Glen Rock

372 Depot StAsheville, NC 28801
  • Utilities Included
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Miramonte Forest
1 to 2 Bedroom Apartments

Miramonte Forest

25 Howland RdAsheville, NC 28804
  • Utilities Included
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Maple Crest Apartments
1 to 3 Bedroom Apartments

Maple Crest Apartments

20 Lee Garden LnAsheville, NC 28801
  • Utilities Included
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Manor Inn
1 to 3 Bedroom Apartments

Manor Inn

265 Charlotte StAsheville, NC 28801
  • Utilities Included

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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40 Gertrude Pl
Studio to 3 Bedroom Apartments

40 Gertrude Pl

40 Gertrude PlAsheville, NC 28801
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102 Furman Ave
1 to 2 Bedroom Apartments

102 Furman Ave

102 Furman AveAsheville, NC 28801
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Grove Park Apartments
Studio to 3 Bedroom Apartments

Grove Park Apartments

28-30 Edgemont RdAsheville, NC 28801
  • Utilities Included

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.

Downtown Asheville, Asheville, NC Local Guide

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 360 Hilliard Apartments priced from $1,172. Enclave Piney Mountain has the second lowest priced unit, which is a Studio apartment currently listed from $1,312. Here are the most affordable Downtown Asheville apartments for rent in Asheville, NC:

Apartment ListingModel NameBed/BathPriced From
360 Hilliard Apartments1 Bedroom1BR,1BA$1,172
Enclave Piney MountainStudioStudio,1BA$1,312
RADVIEWRiver & RailsStudio,1BA$1,395
Willow RidgeAsheville2BR,1BA$1,400
Skyloft ApartmentsA11BR,1BA$1,401
Retreat At Hunt HillNantahala-S1Studio,1BA$1,435
Woodberry1 x 1 B1BR,1BA$1,475
The DukeThe PageStudio,1BA$1,485
The AveryThe AstonStudio,1BA$1,485

Best Value Apartments for Rent in Downtown Asheville, NC

As of May 24, 2026 the best value apartment in the Downtown Asheville area is the $1.93 price per square foot B7 Model at Beaucatcher Flats in the in the Kenilworth neighborhood starting from $2,327. The second greatest value Downtown Asheville apartment is the B1 Model at The Patton starting at $2,025 with a $1.75 price per square foot in the Rock Springs neighborhood. Here is today’s list of the best values for Downtown Asheville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beaucatcher FlatsB72BR,2BA$1.93
The PattonB12BR,2BA$1.75
White Oak Grove ApartmentsA2-12BR,2BA$1.58
The DistrictB2A2BR,2BA$2.14
Willow RidgeAsheville2BR,1.5BA$1.75
Skyloft ApartmentsA11BR,1BA$1.83
Woodberry1 x 1 B1BR,1BA$2.17
Reed Creek Greenway Apartments1 Bed-Greenway1BR,1BA$2.39
360 Hilliard Apartments1 Bedroom1BR,1BA$1.85
43 Caledonia Rd, Unit 643 Caledonia Rd1BR,1BA$2.08

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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Quick 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.

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Pet Friendly Lifestyle
Downtown Asheville, Asheville, NC

Ranked #14

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Frequently Asked Questions about Cheap Downtown Asheville Apartments

What is the Cheapest Studio apartment in Downtown Asheville?

Currently the most affordable Cheap Studio Apartment in Downtown Asheville is at Enclave Piney Mountain listed at $1,312.

How much is rent for a Cheap One Bedroom Downtown Asheville Apartment?

The lowest price for a Cheap One Bedroom Downtown Asheville Apartment is $1,172 at 360 Hilliard Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Asheville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Asheville is starting from $1,400 at Willow Ridge.

What is the most affordable Downtown Asheville Three Bedroom Apartment?

The best deal on a cheap Downtown Asheville Three Bedroom Apartment rental is at The District and starts from $2,885.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.