16 Ravenscroft Dr
AshevilleNC28801
Cheap Homes for Rent in the Five Points Neighborhood of Asheville, NC from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Asheville.
28 Ravenscroft Dr
AshevilleNC28801
117 Vinewood Cir
AshevilleNC28806
35 Brookdale Rd
AshevilleNC28804
348 Cummins Rd
AshevilleNC28805
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
21 Church Rd
WoodfinNC28804
346 Cummins Rd
AshevilleNC28805
29 Ivy St N
AshevilleNC28804
49 Brookdale Rd
AshevilleNC28804
19 N Liberty St, Unit 1
19 N Liberty St
AshevilleNC28801
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
37 Hiawassee St, Unit Studio Downtown Asheville
37 Hiawassee St
AshevilleNC28801
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$1,431
Total Monthly Price
Base Rent$1,431
Total Monthly Price$1,431
339 Merrimon Ave, Unit SI ID1597502P
339 Merrimon AveAsheville, NC 28801
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$1,5502 Bedroom Apartments Available Now
51 Mt Clare Ave, Unit B
51 Mt Clare AveAsheville, NC 28801
55 Emma St
AshevilleNC28806
64 Hansel Ave
AshevilleNC28806
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
9 Kenilworth Knls, Unit 103
9 Kenilworth Knls
AshevilleNC28805
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Five Points, Asheville, NC Local Guide
How much does it cost to rent a home in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points 2 Bedroom Homes for Rent | $2,065 | $899 | $3,750 |
| Five Points 3 Bedroom Homes for Rent | $2,797 | $1,700 | $3,995 |
| Five Points 4 Bedroom Homes for Rent | $3,020 | $2,945 | $3,095 |
| Five Points 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 16 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 Woods Townhomes priced from $895. 11 Murdock has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Five Points apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $895 |
| 11 Murdock | 1BR/1.0BA | 1BR,1BA | $1,200 |
| 295 E Chestnut St | 1 Beds, 1 Baths | 1BR,1BA | $1,250 |
| The Duke | The Noble | 1BR,1BA | $1,295 |
| Willow Ridge | 2 Bedroom 1.5 Baths | 2BR,1BA | $1,299 |
Best Value Apartments for Rent in Five Points, NC
As of September 11, 2026 the best value apartment in the Five Points area is the $1.41 price per square foot A5-2 Model at White Oak Grove Apartments in the in the Norwood Park neighborhood starting from $1,876. The second greatest value Five Points apartment is the 3 Bed 1 Bath Model at Woods Townhomes starting at $1,195 with a $1.16 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 | $1.41 |
| Woods Townhomes | 3 Bed 1 Bath | 3BR,1BA | $1.16 |
| Ridge View Apartments | 2BR/2.0BA | 2BR,2BA | $1.43 |
| Woodberry | 2 x 2 | 2BR,2BA | $1.91 |
| 35 Panola St, Unit 2 | 35 Panola St | 1BR,1BA | $1.64 |
| The Northside at Merrimon | 2 bed/1 bath flat | 2BR,1BA | $1.76 |
| Willow Ridge | 2 Bedroom 1.5 Baths | 2BR,1.5BA | $1.62 |
| River Mill Lofts & Skyloft | Mountaineer - Skyloft | Studio ,1BA | $1.83 |
| Beaucatcher Flats | A1 | 1BR,1BA | $2.05 |
| 161 Edgewood Rd, Unit 2 | 161 Edgewood Rd | 1BR,1BA | $1.96 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Best Local Schools in Five Points, Asheville, NC
School data provided by Great Schools
Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 148 Apartments for Rent in Five Points, NC with pricing that ranges from $895 to $8,112. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $700 to $4,000.
What is the current price range for Rental Homes in Five Points?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $700 to $4,000 with an average monthly rent of $2,312.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.