
Cheap Apartments for Rent in Leicester, NC from $895 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Leicester.


52 Smith Rd

296 Dix Creek Rd Number 1

Woods Townhomes

Baird Cove Apartments

Crowell Square

The Patton

2 Cedar Hill Cir

Reserve at Asheville

Creekside at Asheville
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.

Seasons at Biltmore Lake Condominiums

Hawthorne at Bear Creek

10 Newbridge Apartments

The Lofts at Reynolds Village

Ascent Apartment Homes

Ridge View Apartments

Reflection Pointe NC

Reserve At McIntosh

Dream Asheville Exchange

Retreat At Hunt Hill
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.

Greymont Village Apartments

Meribel

Haven at Enka Lake

Robinson Ridge Apartments

Total Monthly Price
Westmont Commons

The Avery

Palisades at Reems Creek

Total Monthly Price
Hominy at RiverBlue

The Harrison

Hawthorne at Haywood
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.

30 Robinson Cove Rd, Unit B

Birch Hill Apartments

Highline North Apartments

Heritage at the Peak

The Holston

The Retreat at Weaverville

Hawthorne at Weaverville

Beaucatcher Flats

360 Hilliard Apartments

Total Monthly Price
The Hominy
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.

Haywood Village

Hawthorne at Holbrook

Reed Creek Greenway Apartments

The Wyre

Total Monthly Price
Chorus Asheville 55+ Active Adult Apartment Homes

15 Mill Creek Loop, Unit A

Maple Crest Apartments

Carmel Ridge

41 Fieldcrest Cir

302 New Leicester Hwy
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.
Leicester, NC Local Guide

How much does it cost to rent an apartment in Leicester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Leicester Studio Apartments | $1,463 | $1,120 | $1,627 |
| Cheap Leicester 1 Bedroom Apartments | $1,552 | $895 | $2,772 |
| Cheap Leicester 2 Bedroom Apartments | $1,851 | $995 | $4,308 |
| Cheap Leicester 3 Bedroom Apartments | $2,009 | $1,195 | $2,986 |
| Cheap Leicester 4 Bedroom Apartments | $2,427 | $2,050 | $2,750 |
Browse Top Apartments in Leicester
See all Apartments in LeicesterExplore Leicester
Leicester, NC Local Guide
- Nearby Cities
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Cheapest Available Leicester Apartments for Rent
 The cheapest available apartment rental in Leicester, NC is a 1 Bed unit found at Woods Townhomes in the Rock Springs neighborhood priced from $895. Baird Cove Apartments in the Rock Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Leicester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woods Townhomes | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Baird Cove Apartments | One Bedroom | 1BR,1BA | $945 |
| Crowell Square | 1 Bedroom/1 Bath | 1BR,1BA | $995 |
| Reserve at Asheville | S1 | 1BR,1BA | $1,159 |
| Creekside at Asheville | Ashe 1 Bedroom | 1BR,1BA | $1,199 |
| Hawthorne at Bear Creek | The Cove | 1BR,1BA | $1,201 |
| The Lofts at Reynolds Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,253 |
| Ridge View Apartments | 1BR/1.0BA | 1BR,1BA | $1,275 |
| Reflection Pointe NC | The York with Balcony | 1BR,1BA | $1,295 |
| Dream Asheville Exchange | A2 | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Leicester, NC
As of August 29, 2026 the best value apartment in the Leicester area is the $1.56 price per square foot CHARLESTON Model at Belle Meadow in the in the Dover Charles Travis neighborhood starting from $2,500. The second greatest value Leicester apartment is the THE HERITAGE Model at Birch Hill Apartments starting at $1,930 with a $1.40 price per square foot in the Biltmore Lake neighborhood. Here is today’s list of the best values for Leicester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Belle Meadow | CHARLESTON | 4BR,3BA | $1.56 |
| Birch Hill Apartments | THE HERITAGE | 3BR,2BA | $1.40 |
| The Townes at Fountain Park | CLEMENT | 3BR,2.5BA | $1.52 |
| The Retreat at Weaverville | Biltmore | 3BR,2BA | $1.42 |
| Seasons at Biltmore Lake Condominiums | Summer | 2BR,2BA | $1.38 |
| Woods Townhomes | 3 Bed 1 Bath | 3BR,1BA | $1.16 |
| 10 Newbridge Apartments | The Miami | 2BR,2BA | $1.61 |
| Haven at Enka Lake | The Fairfield with Balcony | 1BR,1BA | $1.63 |
| The Lofts at Reynolds Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.52 |
| Baird Cove Apartments | One Bedroom | 1BR,1BA | $1.59 |
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 Leicester, NC Rentals by Map
See the most popular apartments and homes in Leicester, NC
Frequently Asked Questions about Cheap Leicester Apartments
What is the Cheapest Studio apartment in Leicester?
Currently the most affordable Cheap Studio Apartment in Leicester is at Retreat At Hunt Hill listed at $1,305.
How much is rent for a Cheap One Bedroom Leicester Apartment?
The lowest price for a Cheap One Bedroom Leicester Apartment is $895 at Woods Townhomes.
What is the lowest price for a Cheap Two Bedroom Leicester Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leicester is starting from $995 at Woods Townhomes.
What is the most affordable Leicester Three Bedroom Apartment?
The best deal on a cheap Leicester Three Bedroom Apartment rental is at Woods Townhomes and starts from $1,195.
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.