
Cheap Homes for Rent in Downtown Asheville Neighborhood of Asheville, NC from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Asheville area of Asheville.


37 Simpson St

188 Edgewood Rd

11 Ora St, Unit 11 ora cohouse, Unit 11 ora cohouse
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.

30 Edgemont Rd

444 Haywood Rd

130 Edwin Pl

29 Parkman 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.

61 Cumberland Cir
Downtown Asheville, Asheville, NC Local Guide

How much does it cost to rent a home in Downtown Asheville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Asheville 2 Bedroom Homes for Rent | $2,218 | $1,295 | $3,200 |
| Downtown Asheville 3 Bedroom Homes for Rent | $2,799 | $1,700 | $5,000 |
| Downtown Asheville 4 Bedroom Homes for Rent | $4,700 | $2,200 | $8,250 |
| Downtown Asheville 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1,172 |
| Enclave Piney Mountain | Studio | Studio,1BA | $1,312 |
| RADVIEW | River & Rails | Studio,1BA | $1,395 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Beaucatcher Flats | B7 | 2BR,2BA | $1.93 |
| The Patton | B1 | 2BR,2BA | $1.75 |
| White Oak Grove Apartments | A2-1 | 2BR,2BA | $1.58 |
| The District | B2A | 2BR,2BA | $2.14 |
| Willow Ridge | Asheville | 2BR,1.5BA | $1.75 |
| Skyloft Apartments | A1 | 1BR,1BA | $1.83 |
| Woodberry | 1 x 1 B | 1BR,1BA | $2.17 |
| Reed Creek Greenway Apartments | 1 Bed-Greenway | 1BR,1BA | $2.39 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1.85 |
| 43 Caledonia Rd, Unit 6 | 43 Caledonia Rd | 1BR,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.
Read ArticleReal 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.
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 LifestyleDowntown Asheville, Asheville, NC
Ranked #14
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
Frequently Asked Questions about Downtown Asheville
What type of rentals are currently available in Downtown Asheville?
There are currently 149 Apartments for Rent in Downtown Asheville, NC with pricing that ranges from $895 to $4,200. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Asheville ranging from $900 to $8,250.
What is the current price range for Rental Homes in Downtown Asheville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Asheville ranges from $900 to $8,250 with an average monthly rent of $2,824.
How much are larger Three and Four Bedroom Rentals in Downtown Asheville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Asheville range from $1,195 to $3,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $4,200.
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

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.

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.

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.

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.