
Cheap Apartments for Rent near Biltmore Lake, NC from $861 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Biltmore Lake.


Weirbridge Village

Reserve at Biltmore Park

Reserve at Asheville

Creekside at Asheville

The Villas at Avery Creek

Seasons at Biltmore Lake Condominiums
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.

Hawthorne at Bear Creek

Retreat at Arden Farms

The District

Total Monthly Price
Westmont Commons

Ascent Apartment Homes

Creekside at Arden

Dilworth
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.

Riverstone Apartments at Long Shoals

Reflection Pointe NC

Reserve At McIntosh

Vetra Asheville

Ascot Point Village

Greymont Village Apartments

The Aventine Asheville
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 Avery

85 Short St

RADVIEW

Haven at Enka Lake

The Patton

29 Parkman Pl

Maple Crest 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.

219 Cherry Tree Dr

16 Fortunate Dr

160 State St
Biltmore Lake, NC Local Guide

How much does it cost to rent an apartment in Biltmore Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Biltmore Lake Studio Apartments | $1,460 | $991 | $1,620 |
| Biltmore Lake 1 Bedroom Apartments | $1,558 | $861 | $2,806 |
| Biltmore Lake 2 Bedroom Apartments | $1,885 | $1,025 | $4,257 |
| Biltmore Lake 3 Bedroom Apartments | $2,228 | $1,449 | $3,735 |
| Biltmore Lake 4 Bedroom Apartments | $2,440 | $2,050 | $2,850 |
Browse Top Apartments in Biltmore Lake
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Biltmore Lake, NC Local Guide
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Cheapest Available Biltmore Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Biltmore Lake, NC is a 1 Bed unit found at Crowell Square in the Biltmore Lake neighborhood priced from $861. Creekside at Asheville in the Dover Charles Travis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Biltmore Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crowell Square | 1 Bedroom/1 Bath | 1BR, 1BA | $861 |
| Creekside at Asheville | Ashe 1 Bedroom | 1BR, 1BA | $1,175 |
| The Villas at Avery Creek | 1 Bedroom First Level - 680sf | 1BR, 1BA | $1,189 |
| Hawthorne at Bear Creek | The Cove | 1BR, 1BA | $1,201 |
| Retreat at Arden Farms | Arden | 1BR, 1BA | $1,208 |
| Reserve at Biltmore Park | Buncombe | 1BR, 1BA | $1,220 |
| Ascent Apartment Homes | Dandelion | 1BR, 1BA | $1,249 |
| Dilworth | The Mitchell | 1BR, 1BA | $1,265 |
| Riverstone Apartments at Long Shoals | Arlington | 1BR, 1BA | $1,265 |
| Westmont Commons | Chalet | 1BR, 1BA | $1,291 |
Best Value Apartments for Rent in Biltmore Lake, NC and Nearby
As of September 17, 2026 the best value apartment in the Biltmore Lake area is the $1.52 price per square foot CLEMENT Model at The Townes at Fountain Park in the Biltmore Lake neighborhood starting from $2,095. The second greatest value Biltmore Lake apartment is the THE MITCHELL Model at Birch Hill Apartments in the Biltmore Lake neighborhood starting at $1,906 with a $1.41 price per square foot. Here is today’s list of the best values for Biltmore Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townes at Fountain Park | CLEMENT | 3BR, 2.5BA | $1.52 |
| Birch Hill Apartments | THE MITCHELL | 2BR, 2BA | $1.41 |
| Weirbridge Village | The Rhododendron | 2BR, 2BA | $1.39 |
| Dream Asheville Exchange | C1 | 3BR, 2BA | $1.53 |
| Haywood Village | Roan | 2BR, 1BA | $1.58 |
| Seasons at Biltmore Lake Condominiums | Summer | 2BR, 2BA | $1.38 |
| Westmont Commons | Smokey View | 2BR, 2BA | $1.50 |
| Creekside at Arden | Arden 2A | 2BR, 1BA | $1.51 |
| Retreat at Arden Farms | Arden | 1BR, 1BA | $1.52 |
| Crowell Square | 1 Bedroom/1 Bath | 1BR, 1BA | $1.44 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Biltmore Lake, NC Rentals by Map
See the most popular apartments and homes in Biltmore Lake, NC
Frequently Asked Questions about Cheap Biltmore Lake Apartments
What is the Cheapest Studio apartment in Biltmore Lake?
Currently the most affordable Cheap Studio Apartment in Biltmore Lake is at The Avery listed at $1,350.
How much is rent for a Cheap One Bedroom Biltmore Lake Apartment?
The lowest price for a Cheap One Bedroom Biltmore Lake Apartment is $861 at Crowell Square.
What is the lowest price for a Cheap Two Bedroom Biltmore Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Biltmore Lake is starting from $1,025 at Crowell Square.
What is the most affordable Biltmore Lake Three Bedroom Apartment?
The best deal on a cheap Biltmore Lake Three Bedroom Apartment rental is at Hawthorne at Bear Creek and starts from $1,530.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.