Cheap Apartments for Rent in the Magnolia Farms Neighborhood of Asheville, NC from $500 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Magnolia Farms 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.

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Westmont Commons
Rent Specials
$1,394 - $1,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $1,868

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Westmont Commons

120 Chamberlain DrAsheville, NC 28806
Affordability
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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.

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Woodridge Apartments
1 to 4 Bedroom Apartments

Woodridge Apartments

61 Bingham RdAsheville, NC 28806
  • Utilities Included
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Overlook Apartments
1 Bedroom Apartments

Overlook Apartments

127 Bartlett StAsheville, NC 28801
Senior Living
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Glen Rock
1 to 3 Bedroom Apartments

Glen Rock

372 Depot StAsheville, NC 28801
  • Utilities Included
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Carmel Ridge
1 to 3 Bedroom Apartments

Carmel Ridge

15 Carmel Ridge CirAsheville, NC 28806

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.

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.

Magnolia Farms, Asheville, NC Local Guide

Cheapest Available Magnolia Farms Apartments for Rent

 

The cheapest available apartment rental in the Magnolia Farms area of Asheville, NC is a 1 Bed unit found at Baird Cove Apartments priced from $945. 360 Hilliard Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,172. Here are the most affordable Magnolia Farms apartments for rent in Asheville, NC:

Apartment ListingModel NameBed/BathPriced From
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
360 Hilliard Apartments1 Bedroom1BR,1BA$1,172
Reserve at AshevilleS11BR,1BA$1,179
Creekside at AshevilleAshe 1 Bedroom1BR,1BA$1,238
Reflection Pointe NCThe York with Balcony1BR,1BA$1,375
Westmont CommonsChalet1BR,1BA$1,394
RADVIEWRiver & RailsStudio,1BA$1,395

Best Value Apartments for Rent in Magnolia Farms, NC

As of May 25, 2026 the best value apartment in the Magnolia Farms area is the $1.53 price per square foot 3 Bedroom 2 Bath Model at The Lofts at Reynolds Village in the in the Rock Springs neighborhood starting from $1,985. The second greatest value Magnolia Farms apartment is the Pinnacle Model at Haywood Village starting at $1,800 with a $1.68 price per square foot in the Dover Charles Travis neighborhood. Here is today’s list of the best values for Magnolia Farms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at Reynolds Village3 Bedroom 2 Bath3BR,2BA$1.53
Haywood VillagePinnacle2BR,1BA$1.68
White Oak Grove ApartmentsA2-12BR,2BA$1.59
10 Newbridge ApartmentsThe Merrimon2BR,2BA$1.80
3 W Rosecrest St, Unit 3C West Rosecrest Street3 W Rosecrest St2BR,1BA$1.60
Westmont CommonsChalet1BR,1BA$1.66
Reflection Pointe NCThe York with Sunroom1BR,1BA$1.81
Creekside at AshevilleAshe 1 Bedroom1BR,1BA$1.75
360 Hilliard Apartments1 Bedroom1BR,1BA$1.85
Baird Cove ApartmentsOne Bedroom1BR,1BA$1.59

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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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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Frequently Asked Questions about Cheap Magnolia Farms Apartments

What is the Cheapest Studio apartment in Magnolia Farms?

Currently the most affordable Cheap Studio Apartment in Magnolia Farms is at RADVIEW listed at $1,395.

How much is rent for a Cheap One Bedroom Magnolia Farms Apartment?

The lowest price for a Cheap One Bedroom Magnolia Farms Apartment is $945 at Baird Cove Apartments.

What is the lowest price for a Cheap Two Bedroom Magnolia Farms Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Magnolia Farms is starting from $1,396 at Westmont Commons.

What is the most affordable Magnolia Farms Three Bedroom Apartment?

The best deal on a cheap Magnolia Farms Three Bedroom Apartment rental is at Ridge View Apartments and starts from $1,775.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.