Cheap Homes for Rent in Asheville, NC from $650 (46 Rentals)

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Search the lowest-cost Homes available for rent right now in Asheville.

property at 915 Haywood Rd
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom, 0.5 Bath Condo for Rent
Available Now
Furnished

915 Haywood Rd, Unit # d

915 Haywood Rd
AshevilleNC28806
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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.

property at 116 Beverly Rd
$1,325

Total Monthly Price

Base Rent$1,325

Total Monthly Price$1,325
Studio, 1 Bath Home for Rent
Available Now
Affordability

116 Beverly Rd

AshevilleNC28805
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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.

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.

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.

property at 11 Shovel Head Dr
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

11 Shovel Head Dr

AshevilleNC28803
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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.

property at 115 Newfound Rd
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

115 Newfound Rd

AshevilleNC28806

Asheville, NC Local Guide

Cheapest Neighborhoods for Apartments in Asheville, NC

Pricing Updated: 09/05/2026

Current apartment rentals in the Asheville, NC area range in price from $800 to $23,693 with an overall median price of $1,724. The three Asheville neighborhoods with the lowest median rent pricing are Beaverdam at $1,147, Grove Park at $1,349, and Mount Carmel Commercial Center at $1,495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Asheville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Beaverdam$1,147$8959
Grove Park$1,349$89517
Mount Carmel Commercial Center$1,495$1,15090
Henrietta Spears Street$1,499$89521
Lakeview Park$1,529$89563
Grace$1,538$89567
Bartrams Walk$1,550$89521
Murdock Linden$1,550$89523
Magnolia Farms$1,575$945166
Town Mountain$1,575$80065

Cheapest Available Asheville Apartments for Rent

 

The cheapest available apartment rental in Asheville, NC is a 1 Bed unit found at Crowell Square in the Biltmore Lake neighborhood priced from $861. Woods Townhomes in the Rock Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Asheville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crowell Square1 Bedroom/1 Bath1BR,1BA$861
Woods Townhomes1 Bed 1 Bath1BR,1BA$895
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
Grove Park Apartments0 Beds, 1 BathsStudio,1BA$1,100
Venture at Lake JulianGlenvilleStudio,1BA$1,150
Reserve at AshevilleS11BR,1BA$1,159
The Villas at Avery Creek1 Bedroom First Level - 680sf1BR,1BA$1,189

Best Value Apartments for Rent in Asheville, NC

As of September 05, 2026 the best value apartment in the Asheville area is the $1.42 price per square foot THE MITCHELL Model at Birch Hill Apartments in the in the Biltmore Lake neighborhood starting from $1,913. The second greatest value Asheville apartment is the Mitchell Garden Model at SouthRidge Apartments and Townhomes starting at $1,870 with a $1.40 price per square foot in the Kashmir neighborhood. Here is today’s list of the best values for Asheville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birch Hill ApartmentsTHE MITCHELL2BR,2BA$1.42
SouthRidge Apartments and TownhomesMitchell Garden3BR,2BA$1.40
Seasons at Biltmore Lake CondominiumsSummer2BR,2BA$1.38
Woods Townhomes3 Bed 1 Bath3BR,1BA$1.16
Woods EdgeC1c - Maple2BR,2BA$1.27
60 Webb Cove Rd, Unit UnitA60 Webb Cove Rd2BR,1BA$1.10
Ascent Apartment HomesJasmine2BR,2BA$1.45
Haw Creek Mews Apartments and TownhomesThe Bradford Garden2BR,1BA$1.50
Weirbridge VillageThe Laurel1BR,1BA$1.44
Crowell Square1 Bedroom/1 Bath1BR,1BA$1.44

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 Article

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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Quick Rent Budget Calculator

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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Asheville, NC
Population: 92,452

Ranked #354

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Asheville, NC Rentals by Map

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Frequently Asked Questions about Asheville

What type of rentals are currently available in Asheville?

There are currently 384 Apartments for Rent in Asheville, NC with pricing that ranges from $800 to $15,661. There are also 198 Single Family Homes for rent, Condos, and Townhome rentals currently available in Asheville ranging from $650 to $7,500.

What is the current price range for Rental Homes in Asheville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Asheville ranges from $650 to $7,500 with an average monthly rent of $2,331.

How much are larger Three and Four Bedroom Rentals in Asheville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Asheville range from $1,195 to $5,301, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $5,950. Four Bedroom Single-Family rentals are also available starting from $2,324 and Four Bedroom Apartments start at $2,050.

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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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.

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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.

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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.

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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.