Cheap Apartments for Rent in the Park Avenue Neighborhood of Asheville, NC from $300 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Avenue area of Asheville.

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Kensington Place
$1,080 - $1,790
Total Monthly Price

Total Monthly Price

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$1,080 - $1,790
Total Monthly Price
$1,080 - $1,790
Studio to 3 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
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30 Allen Ave
1 to 2 Bedroom Apartments

30 Allen Ave

30 Allen AveAsheville, NC 28803
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Woods Edge
1 to 3 Bedroom Apartments

Woods Edge

98 Woodstream LnAsheville, NC 28803
Corporate Housing

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Showing Results 1-17, Page 1 of 1

Cheapest Available Park Avenue Apartments for Rent

 

The cheapest available apartment rental in the Park Avenue area of Asheville, NC is a 1 Bed unit found at Reserve at Biltmore Park priced from $1,245. Kensington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable Park Avenue apartments for rent in Asheville, NC:

Apartment ListingModel NameBed/BathPriced From
Reserve at Biltmore ParkBuncombe1BR,1BA$1,245
Kensington PlaceCatawba1BR,1BA$1,280
Ascot Point VillageUnity | 2x2 | 950 sf2BR,2BA$1,285
Palisades of AshevilleThe Drake with Patio1BR,1BA$1,295
Skyland Exchange Apartments1BR 1BA (788 SF)1BR,1BA$1,330

Best Value Apartments for Rent in Park Avenue, NC

As of May 26, 2026 the best value apartment in the Park Avenue area is the $1.63 price per square foot Mingo Model at Madison Long Shoals in the in the Kashmir neighborhood starting from $1,999. The second greatest value Park Avenue apartment is the The Magnolia Model at Vetra Asheville starting at $1,599 with a $1.31 price per square foot in the Kashmir neighborhood. Here is today’s list of the best values for Park Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Madison Long ShoalsMingo3BR,2BA$1.63
Vetra AshevilleThe Magnolia3BR,2BA$1.31
Hawthorne at SouthsideLUXE Oak2BR,2BA$1.56
Woods EdgeC1c - Maple2BR,2BA$1.57
Weirbridge VillageThe Laurel1BR,1BA$1.60
Goldelm at The ViewsA1 The Carolina1BR,1BA$1.46
Ascot Point VillageTranquility | 1x1 | 802 sf1BR,1BA$1.63
Palisades of AshevilleThe Drake with Patio1BR,1BA$1.66
Reserve at Biltmore ParkBuncombe1BR,1BA$1.72
Skyland Exchange Apartments1BR 1BA (711 SF)1BR,1BA$1.93

Frequently Asked Questions about Cheap Park Avenue Apartments

What is a cheap apartment in Park Avenue?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Avenue is under $1,599.

What is the price of a cheap apartment in Park Avenue?

The cheapest apartment in Park Avenue is Goldelm at The Views which is listed at $1,189, while the average apartment in Park Avenue costs $1,995.

What types of apartments are the cheapest in Park Avenue?

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 30 regular apartments in Park Avenue 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 Park Avenue?

Cheap apartments in Park Avenue have an average cost of $286 which is $1,709 cheaper than the average rent for all rentals in Park Avenue.

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.

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