
Cheap Homes for Rent in Asheville, NC from $650 (46 Rentals)
Search the lowest-cost Homes available for rent right now in Asheville.


16 Ravenscroft Dr

28 Ravenscroft Dr

29 Parkman Pl

37 Simpson St

43 Simpson St

915 Haywood Rd, Unit # d

355 Sand Hill Rd

345 Merrimon Ave
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.

2106 Wilson Rd

21 Church Rd

54 Dawnwood Cir

11 Elderberry Ln

16 Fortunate Dr

12 Looking Glass Ln

110 Heywood Rd

116 Beverly Rd

29 Ivy St N
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.

85 Short St

310 Old County Home Rd

49 Brookdale Rd

10 Miller Rd E

137 Colony Dr

20 Rector St

376 Mills Gap Rd

3 Gash Farm Rd

19 N Liberty St, Unit 1
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.

37 Hiawassee St, Unit Studio Downtown Asheville

134 Colony Dr

Total Monthly Price
339 Merrimon Ave, Unit SI ID1597502P

1304 Abbey Cir

160 State St

5 Rathfarnham Rd

11 Rathfarnham Rd

21 Vermont Ave

276 N Bear Creek Rd
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.

11 Shovel Head Dr

11 Shovel Head Dr

51 Mt Clare Ave, Unit B

11 Clarence Ct

104 Olde Covington Way

110 Locust Ct

26 Triple H Dr

12 Clarence Ct

7 Robinwood Ave
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.

115 Newfound Rd
Asheville, NC Local Guide

How much does it cost to rent a home in Asheville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Asheville 2 Bedroom Homes for Rent | $1,907 | $1,150 | $3,950 |
| Asheville 3 Bedroom Homes for Rent | $2,498 | $650 | $5,950 |
| Asheville 4 Bedroom Homes for Rent | $3,124 | $2,324 | $6,000 |
| Asheville 5 Bedroom Homes for Rent | $5,700 | $3,900 | $7,500 |
| Asheville 6 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Asheville
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Asheville, NC Local Guide
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Cheapest Neighborhoods for Apartments in Asheville, NC
Pricing Updated: 09/05/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Beaverdam | $1,147 | $895 | 9 |
| Grove Park | $1,349 | $895 | 17 |
| Mount Carmel Commercial Center | $1,495 | $1,150 | 90 |
| Henrietta Spears Street | $1,499 | $895 | 21 |
| Lakeview Park | $1,529 | $895 | 63 |
| Grace | $1,538 | $895 | 67 |
| Bartrams Walk | $1,550 | $895 | 21 |
| Murdock Linden | $1,550 | $895 | 23 |
| Magnolia Farms | $1,575 | $945 | 166 |
| Town Mountain | $1,575 | $800 | 65 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crowell Square | 1 Bedroom/1 Bath | 1BR,1BA | $861 |
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Baird Cove Apartments | One Bedroom | 1BR,1BA | $945 |
| Grove Park Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,100 |
| Venture at Lake Julian | Glenville | Studio,1BA | $1,150 |
| Reserve at Asheville | S1 | 1BR,1BA | $1,159 |
| The Villas at Avery Creek | 1 Bedroom First Level - 680sf | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birch Hill Apartments | THE MITCHELL | 2BR,2BA | $1.42 |
| SouthRidge Apartments and Townhomes | Mitchell Garden | 3BR,2BA | $1.40 |
| Seasons at Biltmore Lake Condominiums | Summer | 2BR,2BA | $1.38 |
| Woods Townhomes | 3 Bed 1 Bath | 3BR,1BA | $1.16 |
| Woods Edge | C1c - Maple | 2BR,2BA | $1.27 |
| 60 Webb Cove Rd, Unit UnitA | 60 Webb Cove Rd | 2BR,1BA | $1.10 |
| Ascent Apartment Homes | Jasmine | 2BR,2BA | $1.45 |
| Haw Creek Mews Apartments and Townhomes | The Bradford Garden | 2BR,1BA | $1.50 |
| Weirbridge Village | The Laurel | 1BR,1BA | $1.44 |
| Crowell Square | 1 Bedroom/1 Bath | 1BR,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.
Read ArticleNavigating 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.
Read ArticleQuick 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.
Asheville, NCPopulation: 92,452
Ranked #354
in US Census Population by City
Best Local Schools in Asheville, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Asheville, NC Rentals by Map
See the most popular apartments and homes in Asheville, NC
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

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.