Cheap Apartments for Rent in the Parkway Forest Neighborhood of Asheville, NC from $600 (8 Rentals)

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

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.

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Ledgewood Village
1 to 4 Bedroom Apartments

Ledgewood Village

15 Future DrAsheville, NC 28803
  • Utilities Included
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Spruce Hill Apartments
1 to 4 Bedroom Apartments

Spruce Hill Apartments

201 Spruce Hill CtAsheville, NC 28805
  • Utilities Included

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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.

Parkway Forest, Asheville, NC Local Guide

Cheapest Available Parkway Forest Apartments for Rent

 

The cheapest available apartment rental in the Parkway Forest area of Asheville, NC is a 1 Bed unit found at Berrington Village priced from $1,266. River Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Parkway Forest apartments for rent in Asheville, NC:

Apartment ListingModel NameBed/BathPriced From
Berrington VillageUnity | 771 sf1BR,1BA$1,266
River RidgeBalsam1BR,1BA$1,299
Verde VistaVienna - PremiumStudio,1BA$1,415

Best Value Apartments for Rent in Parkway Forest, NC

As of June 19, 2026 the best value apartment in the Parkway Forest area is the $1.28 price per square foot The Cumberland Townhouse Model at Haw Creek Mews Apartments and Townhomes in the in the Chi Asheville neighborhood starting from $1,510. The second greatest value Parkway Forest apartment is the 17 Unaka Ave Model at 17 Unaka Ave starting at $1,475 with a $1.34 price per square foot in the Chi Asheville neighborhood. Here is today’s list of the best values for Parkway Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Haw Creek Mews Apartments and TownhomesThe Cumberland Townhouse2BR,2.5BA$1.28
17 Unaka Ave17 Unaka Ave2BR,1BA$1.34
The Reserves at Gashes CreekLuxury, and spacious 2 bedroom, 2 bathroom Carr...2BR,2BA$2.01
River RidgeElm2BR,1.5BA$1.66
Eastwood Village Apartment HomesTwo Bedroom2BR,2BA$1.61
Verde VistaVancouver - Premium1BR,1BA$1.93
Berrington VillageUnity | 771 sf1BR,1BA$1.64
Arrowhead1 Bedroom 425 SQFTStudio ,1BA$3.85
9 Unaka Ave, Unit Upstairs9 Unaka AveStudio ,1BA$4.41

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Parkway Forest, Asheville, NC

Ranked #64

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Parkway Forest Apartments

What is the price of a cheap apartment in Parkway Forest?

The cheapest apartment in Parkway Forest is Berrington Village which is listed at $1,266, while the average apartment in Parkway Forest costs $3,395.

What types of apartments are the cheapest in Parkway Forest?

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 23 regular apartments in Parkway Forest 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 Parkway Forest?

Cheap apartments in Parkway Forest have an average cost of $251 which is $3,144 cheaper than the average rent for all rentals in Parkway Forest.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.