Cheap Apartments for Rent in Leicester, NC from $800 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Leicester.

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.

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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.

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Westmont Commons
Rent Specials
$1,361 - $1,750
Total Monthly Price

Total Monthly Price

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$1,361 - $1,750
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1 to 3 Bedroom Apartments Available Now

Westmont Commons

120 Chamberlain DrAsheville, NC 28806
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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.

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Hominy at RiverBlue
Rent Specials
$1,443 - $4,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $4,499
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Hominy at RiverBlue

113 Hominy Ridge CtAsheville, NC 28806
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Maple Crest Apartments
1 to 3 Bedroom Apartments

Maple Crest Apartments

20 Lee Garden LnAsheville, NC 28801
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Carmel Ridge
1 to 3 Bedroom Apartments

Carmel Ridge

15 Carmel Ridge CirAsheville, NC 28806

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.

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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.

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Leicester, NC Local Guide

Cheapest Available Leicester Apartments for Rent

 

The cheapest available apartment rental in Leicester, NC is a 1 Bed unit found at Baird Cove Apartments in the Rock Springs neighborhood priced from $945. Crowell Square in the Biltmore Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,052. Here is today’s list of the most affordable Leicester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Baird Cove ApartmentsOne Bedroom1BR,1BA$945
Crowell Square1 Bedroom/1 Bath1BR,1BA$1,052
Reserve at AshevilleS11BR,1BA$1,129
Seasons at Biltmore Lake CondominiumsWinter1BR,1BA$1,200
Creekside at AshevilleAshe 1 Bedroom1BR,1BA$1,238
Greymont Village ApartmentsTranquility1BR,1BA$1,325
Dream Asheville ExchangeA11BR,1BA$1,329
Haven at Enka LakeThe Fairfield with Balcony1BR,1BA$1,345
Westmont CommonsChalet1BR,1BA$1,361
The HolstonA21BR,1BA$1,364

Best Value Apartments for Rent in Leicester, NC

As of May 30, 2026 the best value apartment in the Leicester area is the $1.50 price per square foot CLEMENT Model at The Townes at Fountain Park in the in the Biltmore Lake neighborhood starting from $2,065. The second greatest value Leicester apartment is the Biltmore Model at The Retreat at Weaverville starting at $2,154 with a $1.61 price per square foot in the Little Flat Creek neighborhood. Here is today’s list of the best values for Leicester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townes at Fountain ParkCLEMENT3BR,2.5BA$1.50
The Retreat at WeavervilleBiltmore3BR,2BA$1.61
30 Robinson Cove Rd, Unit A30 Robinson Cove Rd2BR,2BA$1.27
The Lofts at Reynolds Village2 Bedroom 2 Bath2BR,2BA$1.43
White Oak Grove ApartmentsA2-12BR,2BA$1.59
MeribelMeribel 22BR,2BA$1.55
Hawthorne at Bear CreekThe Laurel3BR,1.5BA$1.46
Haven at Enka LakeThe York with Balcony1BR,1BA$1.64
Westmont CommonsChalet1BR,1BA$1.62
Baird Cove ApartmentsOne Bedroom1BR,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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 The Avery listed at $1,485.

How much is rent for a Cheap One Bedroom Leicester Apartment?

The lowest price for a Cheap One Bedroom Leicester Apartment is $945 at Baird Cove Apartments.

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 $1,255 at Crowell Square.

What is the most affordable Leicester Three Bedroom Apartment?

The best deal on a cheap Leicester Three Bedroom Apartment rental is at Hawthorne at Bear Creek and starts from $1,399.

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

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.