
Cheap Apartments for Rent in Balsam, NC from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Balsam.


Balsam Mountain Apartments

Seasons at Biltmore Lake Condominiums

The Riverhouse of Cullowhee

23 Crider Cir
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.

333 Evans Rd

19 Red Fox Loop

63 Wounded Knee Dr

129 Tika Dr

2468 US-441
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

140 Grape Cv Rd

145 Citadel Dr

163 Red Fox Loop

5 Crider Cir

37 Shasta Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

6 Chase Ln
Balsam, NC Local Guide

How much does it cost to rent an apartment in Balsam?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balsam Studio Apartments | $1,432 | $1,312 | $1,505 |
| Balsam 1 Bedroom Apartments | $1,583 | $1,099 | $2,715 |
| Balsam 2 Bedroom Apartments | $1,877 | $675 | $3,870 |
| Balsam 3 Bedroom Apartments | $2,140 | $740 | $3,298 |
| Balsam 4 Bedroom Apartments | $2,615 | $610 | $3,100 |
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Balsam, NC Local Guide
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Cheapest Available Balsam Apartments for Rent and Nearby
 The cheapest available apartment rental in Balsam, NC is a 1 Bed unit found at Vetra Asheville in the Kashmir neighborhood priced from $1,099. Everson has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Balsam apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vetra Asheville | The Oak | 1BR,1BA | $1,099 |
| Everson | 1-Bedroom | 1BR,1BA | $1,125 |
| Seasons at Biltmore Lake Condominiums | Winter | 1BR,1BA | $1,200 |
| Summit at Cullowhee | Pixie | 1BR,1BA | $1,200 |
| Reserve at Asheville | S1 | 1BR,1BA | $1,229 |
Best Value Apartments for Rent in Balsam, NC and Nearby
As of January 27, 2026 the best value apartment in the Balsam area is the $1.32 price per square foot Dogwood Model at Artisan Living Mills River in the in the Kayden Valley neighborhood starting from $2,950. The second greatest value Balsam apartment is the Florence Model at Ashton Mills Townhomes starting at $2,350 with a $1.30 price per square foot in the Biltmore Lake neighborhood. Here is today’s list of the best values for Balsam apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artisan Living Mills River | Dogwood | 4BR,3BA | $1.32 |
| Ashton Mills Townhomes | Florence | 2BR,2.5BA | $1.30 |
| Flagship Western | 4x4 Flat | 4BR,4BA | $0.52 |
| White Oak Grove Apartments | A2-1 | 2BR,2BA | $1.54 |
| Haven at Enka Lake | The Oxford with Balcony | 2BR,2BA | $1.61 |
| The Hominy | A1 | 1BR,1BA | $1.62 |
| Westmont Commons | Chalet | 1BR,1BA | $1.58 |
| Greymont Village Apartments | Tranquility | 1BR,1BA | $1.60 |
| Vetra Asheville | The Oak | 1BR,1BA | $1.45 |
| 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Balsam Apartments
How much is rent for a Cheap One Bedroom Balsam Apartment?
The lowest price for a Cheap One Bedroom Balsam Apartment is $1,099 at Vetra Asheville.
What is the lowest price for a Cheap Two Bedroom Balsam Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balsam is starting from $1,299 at Ascent Apartment Homes.
What is the most affordable Balsam Three Bedroom Apartment?
The best deal on a cheap Balsam Three Bedroom Apartment rental is at Ascent Apartment Homes and starts from $1,499.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.