
Cheap Apartments for Rent in the River Arts District Asheville, NC from $696 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Arts District area of Asheville.


Woods Townhomes

The Patton

Total Monthly Price
32 Balm Grove Ave, Unit 002

Hawthorne at Bear Creek

The District
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.

Ascent Apartment Homes

Willow Ridge

Retreat At Hunt Hill

Total Monthly Price
161 Edgewood Rd, Unit 2

RADVIEW

The Avery
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.

Total Monthly Price
Hominy at RiverBlue

Woodberry

The Harrison

Skyloft Apartments

River Mill Lofts

Total Monthly Price
Vander at the Village
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.

The Duke

Total Monthly Price
Artful Way

Total Monthly Price
35 Panola St, Unit 2

Beaucatcher Flats

360 Hilliard Apartments

Overlook Apartments
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.

Glen Rock

20 Rector St
River Arts District, Asheville, NC Local Guide

How much does it cost to rent an apartment in River Arts District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River Arts District Studio Apartments | $1,564 | $1,120 | $3,238 |
| River Arts District 1 Bedroom Apartments | $1,737 | $895 | $4,000 |
| River Arts District 2 Bedroom Apartments | $2,206 | $995 | $8,022 |
| River Arts District 3 Bedroom Apartments | $2,509 | $1,195 | $4,049 |
| River Arts District 4 Bedroom Apartments | $7,954 | $2,235 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the River Arts District Neighborhood of Asheville, NC.
See all Apartments in AshevilleExplore Asheville
Cheapest Available River Arts District Apartments for Rent
 The cheapest available apartment rental in the River Arts District area of Asheville, NC is a 1 Bed unit found at Woods Townhomes priced from $895. Hawthorne at Bear Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,201. Here are the most affordable River Arts District apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Hawthorne at Bear Creek | The Cove | 1BR,1BA | $1,201 |
| Retreat At Hunt Hill | Nantahala-S1 | Studio,1BA | $1,305 |
| Willow Ridge | 2 Bedroom 1.5 Baths | 2BR,1BA | $1,307 |
| Ascent Apartment Homes | Marigold | 2BR,1BA | $1,319 |
| RADVIEW | River & Rails | Studio,1BA | $1,365 |
| Hominy at RiverBlue | S1 | Studio,1BA | $1,395 |
| The Harrison | S2 | Studio,1BA | $1,399 |
Best Value Apartments for Rent in River Arts District, NC
As of August 29, 2026 the best value apartment in the River Arts District area is the $1.63 price per square foot Roan Model at Haywood Village in the in the Dover Charles Travis neighborhood starting from $1,730. The second greatest value River Arts District apartment is the 3 Bed 1 Bath Model at Woods Townhomes starting at $1,195 with a $1.16 price per square foot in the Rock Springs neighborhood. Here is today’s list of the best values for River Arts District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Haywood Village | Roan | 2BR,1BA | $1.63 |
| Woods Townhomes | 3 Bed 1 Bath | 3BR,1BA | $1.16 |
| 116 Lookout Dr, Unit A | 116 Lookout Dr | 2BR,1.5BA | $1.70 |
| Ascent Apartment Homes | Jasmine | 2BR,2BA | $1.47 |
| Woodberry | 2 x 2 | 2BR,2BA | $1.91 |
| Enclave Piney Mountain | A3-a | 1BR,1BA | $1.94 |
| Willow Ridge | 2 Bedroom 1.5 Baths | 2BR,1.5BA | $1.63 |
| Skyloft Apartments | A1 | 1BR,1BA | $1.84 |
| River Mill Lofts | A1 - Skyloft | 1BR,1BA | $1.85 |
| Hawthorne at Bear Creek | The Cove | 1BR,1BA | $1.89 |
Frequently Asked Questions about Cheap River Arts District Apartments
What is a cheap apartment in River Arts District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River Arts District is under $1,399.
What is the price of a cheap apartment in River Arts District?
The cheapest apartment in River Arts District is Woods Townhomes which is listed at $895, while the average apartment in River Arts District costs $1,737.
What types of apartments are the cheapest in River Arts District?
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 River Arts District 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 River Arts District?
Cheap apartments in River Arts District have an average cost of $205 which is $1,532 cheaper than the average rent for all rentals in River Arts District.
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.