16 Ravenscroft Dr
AshevilleNC28801
Cheap Apartments for Rent in the Five Points Neighborhood of Asheville, NC from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Asheville.
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from $8351 to 3 Bedroom Apartments Available Now
Maple Crest Apartments
20 Lee Garden LnAsheville, NC 28801
28 Ravenscroft Dr
AshevilleNC28801
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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.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $1,543 | $1,250 | $2,249 |
| Five Points 1 Bedroom Apartments | $1,801 | $800 | $4,400 |
| Five Points 2 Bedroom Apartments | $2,150 | $978 | $4,419 |
| Five Points 3 Bedroom Apartments | $2,386 | $1,107 | $6,301 |
Browse Apartments in this Neighborhood
There are currently 12 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 Maple Crest Apartments priced from $835. Woods Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Five Points apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Crest Apartments | 1 Bedroom | 1BR,1BA | $835 |
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1,195 |
| The Patton | S1 - Studio | Studio,1BA | $1,250 |
| Retreat At Hunt Hill | Nantahala-S1 | Studio,1BA | $1,300 |
| The Northside at Merrimon | 2 bed/1 bath flat | 2BR,1BA | $1,359 |
Best Value Apartments for Rent in Five Points, NC
As of June 06, 2025 the best value apartment in the Five Points area is the $1.46 price per square foot A4-1 Deluxe Model at White Oak Grove Apartments in the in the Rock Springs neighborhood starting from $1,850. The second greatest value Five Points apartment is the 3 bed/1 bath townhome Model at The Northside at Merrimon starting at $1,821 with a $1.75 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 | A4-1 Deluxe | 2BR,2BA | $1.46 |
| The Northside at Merrimon | 3 bed/1 bath townhome | 3BR,1BA | $1.75 |
| Ridge View Apartments | B2 | 2BR,2BA | $1.65 |
| 35 Panola St, Unit 3 | 35 Panola St | 2BR,1BA | $1.62 |
| 17 1/2 Oaklawn Avenue, Unit 17.5 Oaklawn Ave Cottage | 17 1/2 Oaklawn Avenue | 2BR,1BA | $1.86 |
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1.48 |
| Willow Ridge | Asheville | 2BR,1.5BA | $1.73 |
| Skyloft Apartments | A2 | 1BR,1BA | $1.99 |
| Beaucatcher Flats | A1 | 1BR,1BA | $2.14 |
| Maple Crest Apartments | 1 Bedroom | 1BR,1BA | $1.27 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFive Points, Asheville, NC
Ranked #28
Among neighborhoods in Asheville, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.
Getting Around the Five Points Neighborhood in Asheville, NC
Walk Score®
85 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
38 / 100
Some Transit
A few 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 Five Points Apartments
What is a cheap apartment in Five Points?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points is under $1,500.
What is the price of a cheap apartment in Five Points?
The cheapest apartment in Five Points is Maple Crest Apartments which is listed at $835, while the average apartment in Five Points costs $2,160.
What types of apartments are the cheapest in Five Points?
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 41 regular apartments in Five Points 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 Five Points?
Cheap apartments in Five Points have an average cost of $267 which is $1,893 cheaper than the average rent for all rentals in Five Points.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.