
Cheap Homes for Rent in Balsam Grove, NC from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Balsam Grove.


82 Iron Mountain Dr
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.

31 Mothergoose Ln

255 Kemp Rd
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.

20 Northern Fairway Ct
Balsam Grove, NC Local Guide

How much does it cost to rent a home in Balsam Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balsam Grove 2 Bedroom Homes for Rent | $1,703 | $975 | $4,100 |
| Balsam Grove 3 Bedroom Homes for Rent | $2,505 | $1,700 | $3,750 |
| Balsam Grove 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent 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 Second Level - 760sf | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Balsam Grove, NC and Nearby
As of June 23, 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 4x4 Townhome - AY 2026 - 2027 Model at Flagship Western Apartments starting at $679 with a $0.42 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 |
| Flagship Western Apartments | 4x4 Townhome - AY 2026 - 2027 | 4BR,4BA | $0.42 |
| Park Residence | 2 Bedroom | 2BR,2BA | $1.35 |
| SouthRidge Apartments and Townhomes | Looking Glass Townhouse | 2BR,2.5BA | $1.41 |
| Chadwick Square Apartments | Two Bedroom | 2BR,2BA | $1.37 |
| Burton Hills | B3 | 2BR,2BA | $1.54 |
| Charleston at the Meadows | 2 Bed/1 Bath Upgraded | 2BR,1BA | $1.52 |
| 4214 West Apartments | Two bedroom | 2BR,1BA | $0.74 |
| Windwood Apartments | Duplex Renovated 1 Bed 1 Bath | 1BR,1BA | $1.33 |
| The Maples of Cullowhee | Two Bedroom | 2BR,2BA | $1.54 |
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!
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Frequently Asked Questions about Balsam Grove
What type of rentals are currently available in Balsam Grove?
There are currently 48 Apartments for Rent in Balsam Grove, NC with pricing that ranges from $625 to $3,201. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Grove ranging from $475 to $4,100.
What is the current price range for Rental Homes in Balsam Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balsam Grove ranges from $475 to $4,100 with an average monthly rent of $1,640.
How much are larger Three and Four Bedroom Rentals in Balsam Grove?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Balsam Grove range from $750 to $3,042, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,750. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $625.
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

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.

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.