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Rent Specials
$835 - $1,1071 to 3 Bedroom Apartments Available Now
Maple Crest Apartments
20 Lee Garden LnAsheville, NC 28801
Cheap Apartments for Rent in the Five Points Neighborhood of Asheville, NC from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Asheville.
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$895 - $1,0951 to 3 Bedroom Apartments Available Now
Woods Townhomes
165 Coleman AveAsheville, NC 28801
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Studio to 3 Bedroom Apartments
Eagle Market Place
21 Eagle StAsheville, NC 28801
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Studio to 2 Bedroom Apartments
The Griffin - Income Restricted
35 Grove 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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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
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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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 | $1,541 | $1,325 | $1,950 |
| Five Points 1 Bedroom Apartments | $1,774 | $835 | $4,000 |
| Five Points 2 Bedroom Apartments | $2,165 | $895 | $4,935 |
| Five Points 3 Bedroom Apartments | $2,005 | $995 | $4,281 |
Browse Apartments in this Neighborhood
There are currently 8 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 $895. 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 | $895 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1,172 |
Best Value Apartments for Rent in Five Points, NC
As of January 09, 2026 the best value apartment in the Five Points area is the $1.54 price per square foot A2-1 Model at White Oak Grove Apartments in the in the Rock Springs neighborhood starting from $1,650. The second greatest value Five Points apartment is the 2 Bed 1 Bath Model at Woods Townhomes starting at $995 with a $1.12 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 | A2-1 | 2BR,2BA | $1.54 |
| Woods Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1.12 |
| The Northside at Merrimon | 2 bed/1 bath flat | 2BR,1BA | $1.77 |
| Willow Ridge | Asheville | 2BR,1.5BA | $1.75 |
| Enclave Piney Mountain | A1 | 1BR,1BA | $1.96 |
| Skyloft Apartments | A1 | 1BR,1BA | $1.84 |
| Ridge View Apartments | A1 | 1BR,1BA | $1.80 |
| Beaucatcher Flats | A1 | 1BR,1BA | $2.06 |
| Maple Crest Apartments | 1 Bedroom | 1BR,1BA | $1.27 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1.85 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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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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 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 $1,400.
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 $2,149.
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 43 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 $335 which is $1,814 cheaper than the average rent for all rentals in Five Points.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!