Cheap Apartments for Rent in the Park Avenue Neighborhood of Asheville, NC from $315 (24 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
Rent Specials
$1,175 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,790

Total Monthly Price
$1,175 - $1,790
Studio to 3 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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property at 106 Clubwood Ct

$3,200

Total Monthly Price

Total Monthly Price

Base Rent
$3,200

Total Monthly Price
$3,200

3 Bedroom, 3 Bath Home for Rent

Available Now

106 Clubwood Ct

AshevilleNC28803

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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30 Allen Ave
1 to 2 Bedroom Apartments

30 Allen Ave

30 Allen AveAsheville, NC 28803
  • Utilities Included

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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.

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 ListingModel NameBed/BathPriced From
Venture at Lake JulianGlenvilleStudio,1BA$1,150
Kensington PlaceSummitStudio,1BA$1,175
Woods EdgeC1c - Maple2BR,2BA$1,229
Reserve at Biltmore ParkBuncombe1BR,1BA$1,245
Hawthorne at SouthsideTIMELESS Richmond1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Weirbridge VillageThe Rhododendron2BR,2BA$1.53
Reserve at Biltmore ParkMontford3BR,2BA$1.81
Biltmore Park Town Square2C2BR,2BA$1.99
Goldelm at The ViewsB2 The Biltmore2BR,2BA$1.43
Woods EdgeC1c - Maple2BR,2BA$1.21
Palisades of AshevilleThe Brant with Patio2BR,2BA$1.53
Vetra AshevilleThe Oak1BR,1BA$1.71
Hawthorne at Mills GapAdorn1BR,1BA$1.98
Skyland Exchange Apartments1BR 1BA (737 SF)1BR,1BA$1.92
Ascot Point VillageSerenity | 1x1 | 685 sf1BR,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

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.

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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.