16 Ravenscroft Dr
AshevilleNC28801
Cheap Apartments for Rent in the Five Points Neighborhood of Asheville, NC from $300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Asheville.
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Rent Specials
$823 - $1,8001 to 2 Bedroom Apartments Available Now
360 Hilliard Apartments
360 Hilliard AveAsheville, NC 28801
11 Ora St, Unit B
11 Ora St
AshevilleNC28801
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$895 - $1,1951 to 3 Bedroom Apartments Available Now
Woods Townhomes
165 Coleman AveAsheville, NC 28801
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$1,120 - $2,195Studio to 2 Bedroom Apartments Available Now
The Patton
248 Patton AveAsheville, NC 28801
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$1,150 - $2,100Studio to 2 Bedroom Apartments Available Now
Reed Creek Greenway Apartments
421 Broadway StAsheville, NC 28801
4 Farrwood Ave
AshevilleNC28804
93 Bryant St
AshevilleNC28806
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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Rent Specials
$1,355 - $3,065Studio to 2 Bedroom Apartments Available Now
The Avery
363 Hilliard AveAsheville, NC 28801
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$1,365 - $1,565Studio Apartments Available Now
RADVIEW
20 Artful WayAsheville, NC 28801
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$1,372 - $2,466Studio to 3 Bedroom Apartments Available Now
Skyloft Apartments
500 S Skyloft DrAsheville, NC 28801
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Rent Specials
$1,394 - $2,1371 to 2 Bedroom Apartments Available Now
Beaucatcher Flats
128 Florence StAsheville, NC 28801
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Rent Specials
$1,395 - $1,7951 to 3 Bedroom Apartments Available Now
Woodberry
10 Alexander DrAsheville, NC 28801
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$1,395 - $2,590Studio to 2 Bedroom Apartments Available Now
Retreat At Hunt Hill
32 Ardmion ParkAsheville, NC 28801
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Rent Specials
$1,399 - $1,9001 to 3 Bedroom Apartments Available Now
Ridge View Apartments
130 N Ridge DrAsheville, NC 28804
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Studio to 3 Bedroom Apartments
Eagle Market Place
21 Eagle StAsheville, NC 28801
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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Studio to 2 Bedroom Apartments
The Griffin - Income Restricted
35 Grove StAsheville, NC 28801
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1 to 4 Bedroom Apartments
Woodridge Apartments
61 Bingham RdAsheville, NC 28806
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1 Bedroom Apartments
Overlook Apartments
127 Bartlett StAsheville, NC 28801
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1 to 3 Bedroom Apartments
Glen Rock
372 Depot StAsheville, NC 28801
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1 to 2 Bedroom Apartments
Miramonte Forest
25 Howland RdAsheville, NC 28804
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1 to 3 Bedroom Apartments
Maple Crest Apartments
20 Lee Garden LnAsheville, NC 28801
2 Richmond Hill Dr
AshevilleNC28806
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1 to 3 Bedroom Apartments
Manor Inn
265 Charlotte StAsheville, NC 28801
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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Studio to 3 Bedroom Apartments
40 Gertrude Pl
40 Gertrude PlAsheville, NC 28801
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Studio to 1 Bedroom Apartments
60 Flint St
60 Flint StAsheville, NC 28801
35 Brookdale Rd
AshevilleNC28804
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Studio to 2 Bedroom Apartments
205 Hillside St
205 Hillside StAsheville, NC 28801
130 Edwin Pl
AshevilleNC28801
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1 to 2 Bedroom Apartments
295 E Chestnut St
295 E Chestnut StAsheville, NC 28801
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1 to 2 Bedroom Apartments
102 Furman Ave
102 Furman AveAsheville, NC 28801
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1 to 3 Bedroom Apartments
The Northside at Merrimon
576-600 Merrimon AveAsheville, NC 28804
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.
3 Garden Terrace
AshevilleNC28804
Showing Results 1-33, Page 1 of 1
Five Points, Asheville, NC Local Guide
How much does it cost to rent an apartment in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points Studio Apartments | $1,562 | $1,120 | $2,339 |
| Five Points 1 Bedroom Apartments | $1,689 | $895 | $3,225 |
| Five Points 2 Bedroom Apartments | $2,024 | $995 | $4,308 |
| Five Points 3 Bedroom Apartments | $1,758 | $1,195 | $2,493 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Asheville, NC.
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Five Points, Asheville, NC Local Guide
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Cheapest Available Five Points Apartments for Rent
The cheapest available apartment rental in the Five Points area of Asheville, NC is a 1 Bed unit found at 360 Hilliard Apartments priced from $823. Woods Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Five Points apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $823 |
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $895 |
| 60 Flint St | 0 Beds, 1 Baths | Studio,1BA | $950 |
| 205 Hillside St | 0 Beds, 1 Baths | Studio,1BA | $1,125 |
| 295 E Chestnut St | 1 Beds, 1 Baths | 1BR,1BA | $1,250 |
| RADVIEW | River & Rails | Studio,1BA | $1,365 |
| Skyloft Apartments | A1 | 1BR,1BA | $1,372 |
| Retreat At Hunt Hill | Pisgah-A1 | 1BR,1BA | $1,395 |
| Ridge View Apartments | B1 | 2BR,2BA | $1,399 |
| Willow Ridge | 2 Bedroom 1.5 Baths | 2BR,1BA | $1,425 |
Best Value Apartments for Rent in Five Points, NC
As of July 16, 2026 the best value apartment in the Five Points area is the $1.42 price per square foot A5-2 Model at White Oak Grove Apartments in the in the Rock Springs neighborhood starting from $1,887. The second greatest value Five Points apartment is the B4 Model at The Patton starting at $2,195 with a $1.77 price per square foot in the Rock Springs neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| White Oak Grove Apartments | A5-2 | 2BR,2BA | $1.42 |
| The Patton | B4 | 2BR,2BA | $1.77 |
| Beaucatcher Flats | B7 | 2BR,2BA | $1.77 |
| 360 Hilliard Apartments | 2 Bedroom | 2BR,2BA | $1.71 |
| Woods Townhomes | 3 Bed 1 Bath | 3BR,1BA | $1.16 |
| Ridge View Apartments | B1 | 2BR,2BA | $1.40 |
| Willow Ridge | 2 Bedroom 1.5 Baths | 2BR,1.5BA | $1.78 |
| Skyloft Apartments | A1 | 1BR,1BA | $1.79 |
| Woodberry | 1 x 1 B | 1BR,1BA | $2.17 |
| The Northside at Merrimon | 1 bed/1 bath townhome | 1BR,1BA | $2.19 |
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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Best Local Schools in Five Points, Asheville, NC
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Asheville, North Carolina. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Five Points Apartments
What is the Cheapest Studio apartment in Five Points?
Currently the most affordable Cheap Studio Apartment in Five Points is at 60 Flint St listed at $950.
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $823 at 360 Hilliard Apartments.
What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $995 at Woods Townhomes.
What is the most affordable Five Points Three Bedroom Apartment?
The best deal on a cheap Five Points Three Bedroom Apartment rental is at Woods Townhomes and starts from $1,195.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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.