
Cheap Apartments for Rent in the Oakley Neighborhood of Asheville, NC from $667 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakley area of Asheville.


L & H Apartments

Beverly Road Apartments

Parkway Crossing

Retreat At Hunt Hill

The District

Woods Edge
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.

Ascot Point Village

Eastwood Village Apartment Homes

Woodberry

River Mill Lofts

River Mill Lofts & Skyloft

Haw Creek Mews Apartments and Townhomes

Total Monthly Price
Vander at the Village
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.

River Ridge

Beaucatcher Flats

The Reserves at Gashes Creek

Total Monthly Price
Verde Vista

The Lofts at SS/150

Total Monthly Price
7 W Raleigh Rd, Unit A

Furnished Studio-Asheville - Tunnel Rd.
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.

48 Fox Dr

Total Monthly Price
27 Biltmore Ave, Unit 201

Ledgewood Village

37 Simpson St

43 Simpson St

Arrowhead

32 Taft Ave
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.
Oakley, Asheville, NC Local Guide

How much does it cost to rent an apartment in Oakley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakley Studio Apartments | $1,556 | $800 | $2,402 |
| Oakley 1 Bedroom Apartments | $1,665 | $925 | $2,806 |
| Oakley 2 Bedroom Apartments | $1,757 | $1,095 | $3,791 |
| Oakley 3 Bedroom Apartments | $2,711 | $1,507 | $4,275 |
| Oakley 4 Bedroom Apartments | $5,201 | $3,395 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Oakley Neighborhood of Asheville, NC.
See all Apartments in AshevilleExplore Asheville
Cheapest Available Oakley Apartments for Rent
 The cheapest available apartment rental in the Oakley area of Asheville, NC is a 1 Bed unit found at Parkway Crossing priced from $1,200. Woods Edge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,301. Here are the most affordable Oakley apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Crossing | Overlook | 1BR, 1BA | $1,200 |
| Woods Edge | C1c - Maple | 2BR, 2BA | $1,301 |
| Haw Creek Mews Apartments and Townhomes | The Bradford Garden | 2BR, 1BA | $1,347 |
| Vander at the Village | S1 | Studio, 1BA | $1,449 |
| Eastwood Village Apartment Homes | Two Bedroom | 2BR, 2BA | $1,475 |
| River Ridge | Elm | 2BR, 1BA | $1,479 |
| Beaucatcher Flats | A2 | 1BR, 1BA | $1,495 |
| The Reserves at Gashes Creek | 1 Bedroom 1 Bath | 1BR, 1BA | $1,500 |
| The District | A1B | 1BR, 1BA | $1,515 |
| Verde Vista | Versailles - Premium | 1BR, 1BA | $1,524 |
Best Value Apartments for Rent in Oakley, NC
As of September 18, 2026 the best value apartment in the Oakley area is the $1.61 price per square foot Solara Model at The Wilds at Cedar Mountain in the Chi Asheville neighborhood starting from $2,664. The second greatest value Oakley apartment is the Dupont-B2 Model at Retreat At Hunt Hill in the Kenilworth neighborhood starting at $1,705 with a $1.42 price per square foot. Here is today’s list of the best values for Oakley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Wilds at Cedar Mountain | Solara | 3BR, 2.5BA | $1.61 |
| Retreat At Hunt Hill | Dupont-B2 | 2BR, 2BA | $1.42 |
| Woods Edge | D2c - Magnolia | 3BR, 2BA | $1.29 |
| 7 W Raleigh Rd, Unit A | 7 W Raleigh Rd | 3BR, 2BA | $1.84 |
| The Reserves at Gashes Creek | 2 Bedroom Carriage | 2BR, 2BA | $2.01 |
| Eastwood Village Apartment Homes | Two Bedroom - Renovated | 2BR, 2BA | $1.82 |
| Haw Creek Mews Apartments and Townhomes | The Bradford Garden | 2BR, 1BA | $1.45 |
| Woodberry | 2 x 2 | 2BR, 2BA | $1.91 |
| River Ridge | Balsam | 1BR, 1BA | $1.94 |
| Parkway Crossing | Pisgah | 2BR, 1BA | $1.75 |
Frequently Asked Questions about Cheap Oakley Apartments
What is a cheap apartment in Oakley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakley is under $1,524.
What is the price of a cheap apartment in Oakley?
The cheapest apartment in Oakley is Parkway Crossing which is listed at $1,200, while the average apartment in Oakley costs $1,729.
What types of apartments are the cheapest in Oakley?
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 25 regular apartments in Oakley 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 Oakley?
Cheap apartments in Oakley have an average cost of $307 which is $1,422 cheaper than the average rent for all rentals in Oakley.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.