
Cheap Apartments for Rent in Balsam Grove, NC from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Balsam Grove.


Windwood Apartments

Reserve at Biltmore Park

Balsam Mountain Apartments

Universal at Lakewood

Seasons at Biltmore Lake Condominiums
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.

Creekside at Arden

The Villas at Avery Creek

Dilworth

Seasons at Cane Creek

The Aventine Asheville

Hawkins Pointe
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

16 Tuckaway Ln

31 Mothergoose Ln

82 Iron Mountain Dr

255 Kemp Rd

20 Northern Fairway Ct

5 Shadow Valley Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Balsam Grove, NC Local Guide

How much does it cost to rent an apartment in Balsam Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balsam Grove Studio Apartments | $1,077 | $980 | $1,443 |
| Balsam Grove 1 Bedroom Apartments | $1,514 | $625 | $2,298 |
| Balsam Grove 2 Bedroom Apartments | $1,815 | $675 | $3,195 |
| Balsam Grove 3 Bedroom Apartments | $2,140 | $740 | $3,042 |
| Balsam Grove 4 Bedroom Apartments | $1,475 | $625 | $3,201 |
Browse Top Apartments in Balsam Grove
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Balsam Grove, NC Local Guide
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Cheapest Available Balsam Grove Apartments for Rent and Nearby
 The cheapest available apartment rental in Balsam Grove, NC is a 1 Bed unit found at The Riverhouse of Cullowhee priced from $625. Windwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Balsam Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Riverhouse of Cullowhee | 1 Bedroom | 1BR,1BA | $625 |
| Windwood Apartments | Duplex Classic 1 Bed 1 Bath | 1BR,1BA | $725 |
| Universal at Lakewood | 1 Bedroom First Level - 760sf | 1BR,1BA | $1,089 |
| Seasons at Biltmore Lake Condominiums | Winter | 1BR,1BA | $1,200 |
| Creekside at Arden | Arden Studio 1B | Studio,1BA | $1,254 |
Best Value Apartments for Rent in Balsam Grove, NC and Nearby
As of June 15, 2026 the best value apartment in the Balsam Grove area is the $1.36 price per square foot Magnolia Model at Artisan Living Mills River in the in the Kayden Valley neighborhood starting from $2,475. The second greatest value Balsam Grove apartment is the The Richland Model at Balsam Mountain Apartments starting at $1,655 with a $1.17 price per square foot . Here is today’s list of the best values for Balsam Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artisan Living Mills River | Magnolia | 3BR,2.5BA | $1.36 |
| Balsam Mountain Apartments | The Richland | 3BR,2BA | $1.17 |
| Flagship Western | 4x4 Flat - AY 2026 - 2027 | 4BR,4BA | $0.52 |
| Park Residence | 2 Bedroom | 2BR,2BA | $1.35 |
| Vetra Asheville | The Magnolia | 3BR,2BA | $1.31 |
| Chadwick Square Apartments | Two Bedroom | 2BR,2BA | $1.37 |
| SouthRidge Apartments and Townhomes | Graybeard Townhouse | 2BR,2.5BA | $1.43 |
| Charleston at the Meadows | 2 Bed/1 Bath Upgraded | 2BR,1BA | $1.52 |
| 4214 West Apartments | Two bedroom | 2BR,1BA | $0.74 |
| Windwood Apartments | Updated 1 Bed 1 Bath | 1BR,1BA | $1.37 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Balsam Grove, NC Rentals by Map
See the most popular apartments and homes in Balsam Grove, NC
Frequently Asked Questions about Cheap Balsam Grove Apartments
How much is rent for a Cheap One Bedroom Balsam Grove Apartment?
The lowest price for a Cheap One Bedroom Balsam Grove Apartment is $625 at The Riverhouse of Cullowhee.
What is the lowest price for a Cheap Two Bedroom Balsam Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balsam Grove is starting from $900 at Windwood Apartments.
What is the most affordable Balsam Grove Three Bedroom Apartment?
The best deal on a cheap Balsam Grove Three Bedroom Apartment rental is at Vetra Asheville and starts from $1,599.
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

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.

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.