
Cheap Apartments for Rent in the Magnolia Farms Neighborhood of Asheville, NC from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Farms area of Asheville.


330 Barnard Ave, Unit C - Upstairs 1 x 1

2 Cedar Hill Cir

360 Hilliard Apartments

Reserve at Asheville
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.

Ascent Apartment Homes

Compton Place Apartments - Senior Community
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.

217 Cherry Tree Dr

35 Brookdale Rd

9 Tre Ln
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.

235 Old North Carolina 20 Hwy
Magnolia Farms, Asheville, NC Local Guide

How much does it cost to rent an apartment in Magnolia Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Farms Studio Apartments | $1,522 | $1,279 | $1,950 |
| Magnolia Farms 1 Bedroom Apartments | $1,642 | $945 | $2,590 |
| Magnolia Farms 2 Bedroom Apartments | $1,873 | $1,250 | $2,709 |
| Magnolia Farms 3 Bedroom Apartments | $2,130 | $1,645 | $4,281 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 3 mile radius of the Magnolia Farms Neighborhood of Asheville, NC.
See all Apartments in AshevilleExplore Asheville
Magnolia Farms, Asheville, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baird Cove Apartments | One Bedroom | 1BR,1BA | $945 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1,172 |
| Reserve at Asheville | 1DV | 1BR,1BA | $1,249 |
| Ascent Apartment Homes | Marigold | 2BR,1BA | $1,299 |
| Reflection Pointe NC | The York with Sunroom | 1BR,1BA | $1,315 |
Best Value Apartments for Rent in Magnolia Farms, NC
As of December 29, 2025 the best value apartment in the Magnolia Farms area is the $1.34 price per square foot 2 Bedroom 2 Bath Model at The Lofts at Reynolds Village in the in the Rock Springs neighborhood starting from $1,450. The second greatest value Magnolia Farms apartment is the A2-1 Model at White Oak Grove Apartments starting at $1,650 with a $1.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lofts at Reynolds Village | 2 Bedroom 2 Bath | 2BR,2BA | $1.34 |
| White Oak Grove Apartments | A2-1 | 2BR,2BA | $1.54 |
| Ascent Apartment Homes | Jasmine | 2BR,2BA | $1.45 |
| 10 Newbridge | The Merrimon | 2BR,2BA | $1.80 |
| Westmont Commons | Chalet | 1BR,1BA | $1.72 |
| Reflection Pointe NC | The York with Balcony | 1BR,1BA | $1.84 |
| Ridge View Apartments | A1 | 1BR,1BA | $1.80 |
| 360 Hilliard Apartments | 1 Bedroom | 1BR,1BA | $1.85 |
| Reserve at Asheville | S1 | Studio ,1BA | $2.08 |
| Baird Cove Apartments | One Bedroom | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
Pet Friendly LifestyleMagnolia Farms, Asheville, NC
Ranked #26
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Magnolia Farms, Asheville, NC
School data provided by Great Schools
Frequently Asked Questions about Cheap Magnolia Farms Apartments
What is a cheap apartment in Magnolia Farms?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Farms is under $1,450.
What is the price of a cheap apartment in Magnolia Farms?
The cheapest apartment in Magnolia Farms is Baird Cove Apartments which is listed at $945, while the average apartment in Magnolia Farms costs $1,969.
What types of apartments are the cheapest in Magnolia Farms?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Magnolia Farms that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Magnolia Farms?
Cheap apartments in Magnolia Farms have an average cost of $292 which is $1,677 cheaper than the average rent for all rentals in Magnolia Farms.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




