Cheap Homes for Rent in Asheville, NC from $700 (40 Rentals)

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

property at 915 Haywood Rd

$950 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,650

Total Monthly Price
$950 - $1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

915 Haywood Rd

AshevilleNC28806

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.

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 353 Hillside St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

353 Hillside St, Unit 353 Hillside #1

353 Hillside St
AshevilleNC28801

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.

Asheville, NC Local Guide

Cheapest Neighborhoods for Apartments in Asheville, NC

Pricing Updated: 03/05/2026

Current apartment rentals in the Asheville, NC area range in price from $800 to $17,166 with an overall median price of $5,414. The three Asheville neighborhoods with the lowest median rent pricing are Grove Park at $895, Arbor Ridge at $800, and East Asheville at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Asheville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Grove Park$1,495$8958
Arbor Ridge$1,898$80034
East Asheville$1,898$80034
Grace$1,969$89556
Jackson Park$1,969$895109
North Asheville$1,969$89578
UNC Asheville$1,969$895122
Grove Park Sunset$1,974$89597
Biltmore Forest$1,995$1,076130
Ballentree$2,022$1,055277

Cheapest Available Asheville Apartments for Rent

 

The cheapest available apartment rental in Asheville, NC is a 1 Bed unit found at Woods Townhomes in the Rock Springs neighborhood priced from $895. Baird Cove Apartments in the Rock Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Asheville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woods Townhomes1 Bed 1 Bath1BR,1BA$895
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
Kensington PlaceSummitStudio,1BA$1,055
Vetra AshevilleThe Oak1BR,1BA$1,149
360 Hilliard Apartments1 Bedroom1BR,1BA$1,172
Reserve at AshevilleS11BR,1BA$1,199
Woods EdgeAc - Aspen1BR,1BA$1,199
Seasons at Biltmore Lake CondominiumsWinter1BR,1BA$1,200
Ascot Point VillageClassic Collection: Serenity1BR,1BA$1,205

Best Value Apartments for Rent in Asheville, NC

As of March 05, 2026 the best value apartment in the Asheville area is the $1.47 price per square foot ALTAMONT Model at The Townes at Fountain Park in the in the Biltmore Lake neighborhood starting from $2,035. The second greatest value Asheville apartment is the Forget-Me-Not Model at Ascent Apartment Homes starting at $1,499 with a $1.15 price per square foot in the Dover Charles Travis 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.
The Townes at Fountain ParkALTAMONT3BR,2.5BA$1.47
Ascent Apartment HomesForget-Me-Not3BR,2BA$1.15
Highline North ApartmentsThe Weaver2BR,2BA$1.33
10-100 Laurel Loop10-100 Laurel Loop1BR,1BA$1.27
SouthRidge Apartments and TownhomesClingmans Garden2BR,2BA$1.47
Berrington VillageTwo Bedroom | 950 - 1035 sf2BR,2BA$1.26
104 Edgewood Ct, Unit Studio Apartment104 Edgewood CtStudio ,1BA$1.41
Woods Townhomes1 Bed 1 Bath1BR,1BA$1.10
Woods EdgeAc - Aspen1BR,1BA$1.49
Vetra AshevilleThe Oak1BR,1BA$1.51

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.

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

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Frequently Asked Questions about Asheville

What type of rentals are currently available in Asheville?

There are currently 358 Apartments for Rent in Asheville, NC with pricing that ranges from $800 to $17,166. There are also 206 Single Family Homes for rent, Condos, and Townhome rentals currently available in Asheville ranging from $750 to $5,500.

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 $750 to $5,500 with an average monthly rent of $2,820.

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 $1,095 to $5,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,250.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.