Cheap Homes for Rent in Five Points Neighborhood of Asheville, NC from $900 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Five Points area of Asheville.

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.

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.

Five Points, Asheville, NC Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Asheville, NC is a Studio unit found at RADVIEW priced from $1,365. Skyloft Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,401. Here are the most affordable Five Points apartments for rent in Asheville, NC:

Apartment ListingModel NameBed/BathPriced From
RADVIEWRiver & RailsStudio,1BA$1,365
Skyloft ApartmentsA11BR,1BA$1,401
Ridge View ApartmentsA11BR,1BA$1,449
Woodberry1 x 1 B1BR,1BA$1,475
The AveryThe AstonStudio,1BA$1,485

Best Value Apartments for Rent in Five Points, NC

As of June 01, 2026 the best value apartment in the Five Points area is the $1.98 price per square foot B7 Model at Beaucatcher Flats in the in the Kenilworth neighborhood starting from $2,387. The second greatest value Five Points 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 Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beaucatcher FlatsB72BR,2BA$1.98
The PattonB12BR,2BA$1.75
White Oak Grove ApartmentsA2-12BR,2BA$1.59
3 W Rosecrest St, Unit 3C West Rosecrest Street3 W Rosecrest St2BR,1BA$1.60
1 W Rosecrest St, Unit 1C1 W Rosecrest St2BR,1BA$2.06
Skyloft ApartmentsA11BR,1BA$1.83
Ridge View ApartmentsA11BR,1BA$1.93
Woodberry1 x 1 B1BR,1BA$2.17
The Northside at Merrimon1 bed/1 bath townhome1BR,1BA$2.34
360 Hilliard Apartments1 Bedroom1BR,1BA$2.36

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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Frequently Asked Questions about Five Points

What type of rentals are currently available in Five Points?

There are currently 140 Apartments for Rent in Five Points, NC with pricing that ranges from $895 to $4,200. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $900 to $8,250.

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 $900 to $8,250 with an average monthly rent of $3,277.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.