
Cheap Apartments for Rent in the Park Avenue Neighborhood of Asheville, NC from $315 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Avenue area of Asheville.


Hawthorne at Southside

Total Monthly Price
Kensington Place

Madison Long Shoals

Woods Edge

Skyland Exchange Apartments

Palisades of Asheville

Ascot Point Village
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Mountain View

Ellison at the Preserve

Hawthorne at Mills Gap

Goldelm at The Views

Biltmore Park Town Square

Total Monthly Price
Weller at the Preserve 55+ Active Adult Apartment Homes

106 Clubwood Ct

106 Clubwood Ct
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40 Givens Gerber Park (Senior Living)

30 Allen Ave

60 Givens Gerber Park (Senior Living)

163 Alpine Ridge Dr

Reserve at Biltmore Park

Venture at Lake Julian

Vetra Asheville

5 St Andrews Rd, Unit Basement Apartment
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.
Park Avenue, Asheville, NC Local Guide

How much does it cost to rent an apartment in Park Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Avenue Studio Apartments | $1,246 | $921 | $1,620 |
| Park Avenue 1 Bedroom Apartments | $1,627 | $1,075 | $2,468 |
| Park Avenue 2 Bedroom Apartments | $1,832 | $1,229 | $3,271 |
| Park Avenue 3 Bedroom Apartments | $2,099 | $1,612 | $2,891 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Park Avenue Neighborhood of Asheville, NC.
See all Apartments in AshevilleExplore Asheville
Cheapest Available Park Avenue Apartments for Rent
 The cheapest available apartment rental in the Park Avenue area of Asheville, NC is a Studio unit found at Venture at Lake Julian priced from $1,150. Kensington Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Park Avenue apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Venture at Lake Julian | Glenville | Studio,1BA | $1,150 |
| Kensington Place | Summit | Studio,1BA | $1,175 |
| Woods Edge | C1c - Maple | 2BR,2BA | $1,229 |
| Reserve at Biltmore Park | Buncombe | 1BR,1BA | $1,245 |
| Hawthorne at Southside | TIMELESS Richmond | 1BR,1BA | $1,251 |
Best Value Apartments for Rent in Park Avenue, NC
As of August 25, 2026 the best value apartment in the Park Avenue area is the $1.53 price per square foot The Rhododendron Model at Weirbridge Village in the in the Bennington Oaks neighborhood starting from $1,960. The second greatest value Park Avenue apartment is the Montford Model at Reserve at Biltmore Park starting at $2,255 with a $1.81 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Weirbridge Village | The Rhododendron | 2BR,2BA | $1.53 |
| Reserve at Biltmore Park | Montford | 3BR,2BA | $1.81 |
| Biltmore Park Town Square | 2C | 2BR,2BA | $1.99 |
| Goldelm at The Views | B2 The Biltmore | 2BR,2BA | $1.43 |
| Woods Edge | C1c - Maple | 2BR,2BA | $1.21 |
| Palisades of Asheville | The Brant with Patio | 2BR,2BA | $1.53 |
| Vetra Asheville | The Oak | 1BR,1BA | $1.71 |
| Hawthorne at Mills Gap | Adorn | 1BR,1BA | $1.98 |
| Skyland Exchange Apartments | 1BR 1BA (737 SF) | 1BR,1BA | $1.92 |
| Ascot Point Village | Serenity | 1x1 | 685 sf | 1BR,1BA | $1.90 |
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 $1,449.
What is the price of a cheap apartment in Park Avenue?
The cheapest apartment in Park Avenue is Reserve at Biltmore Park which is listed at $1,245, while the average apartment in Park Avenue costs $1,699.
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 42 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 $357 which is $1,342 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.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.