Cheap Apartments for Rent in Mill Spring, NC from $300 (32 Rentals)

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

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.

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Kensington Place
Rent Specials
$1,200 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,790
Total Monthly Price
$1,200 - $1,790
Studio to 3 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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The Highlands
1 to 2 Bedroom Apartments

The Highlands

171 Butler RdForest City, NC 28043
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Maple Hall Apartments
2 Bedroom Apartments

Maple Hall Apartments

239 Maple StRutherfordton, NC 28139
Student Housing
  • Utilities Included

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.

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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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Showing Results 1-32, Page 1 of 1

Mill Spring, NC Local Guide

Cheapest Available Mill Spring Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mill Spring, NC is a 2 Beds unit found at The Farmstead at Mill Spring priced from $300. Lakeshore Villas in the Kashmir neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $942. Here is today’s list of the most affordable Mill Spring apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Farmstead at Mill SpringGlamping Tents2BR,1BA$300
Lakeshore VillasThe Cove1BR,1BA$942
LOFTS AT INMAN MILLSA11BR,1BA$1,087
Vetra AshevilleThe Maple1BR,1BA$1,199
Kensington PlaceSummitStudio,1BA$1,200
Venture at Lake JulianGlenvilleStudio,1BA$1,213
Brittany Place HendersonvilleThe Grenadier1BR,1BA$1,265
Berrington VillageUnity | 771 sf1BR,1BA$1,266
Audubon PlaceThe Cardinal1BR,1BA$1,291
Skyland Exchange Apartments1BR 1BA (711-822 SF) - Income Restrictions Apply1BR,1BA$1,294

Best Value Apartments for Rent in Mill Spring, NC and Nearby

As of July 26, 2026 the best value apartment in the Mill Spring 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 Mill Spring apartment is the 2 Bedroom Model at Park Residence starting at $1,495 with a $1.20 price per square foot in the Barker Heights neighborhood. Here is today’s list of the best values for Mill Spring apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Artisan Living Mills RiverMagnolia3BR,2.5BA$1.36
Park Residence2 Bedroom2BR,2BA$1.20
SouthRidge Apartments and TownhomesLooking Glass Townhouse2BR,2.5BA$1.41
Chadwick Square ApartmentsTwo Bedroom2BR,2BA$1.37
Universal at Lakewood2 Bedroom Second Level2BR,2BA$1.38
The Grande at Geyser Falls Luxury ApartmentsB12BR,2BA$1.28
Avalon at Sweeten CreekThe Brant with Balcony2BR,2BA$1.46
51 Cushion Pl2 Bed 2 Bath2BR,2BA$1.47
LOFTS AT INMAN MILLSA11BR,1BA$1.47
Lakeshore VillasThe Cove1BR,1BA$1.43

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!

Explore Mill Spring, NC Rentals by Map

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See the most popular apartments and homes in Mill Spring, NC

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Frequently Asked Questions about Cheap Mill Spring Apartments

What is the Cheapest Studio apartment in Mill Spring?

Currently the most affordable Cheap Studio Apartment in Mill Spring is at Kensington Place listed at $1,200.

How much is rent for a Cheap One Bedroom Mill Spring Apartment?

The lowest price for a Cheap One Bedroom Mill Spring Apartment is $942 at Lakeshore Villas.

What is the lowest price for a Cheap Two Bedroom Mill Spring Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mill Spring is starting from $300 at The Farmstead at Mill Spring.

What is the most affordable Mill Spring Three Bedroom Apartment?

The best deal on a cheap Mill Spring Three Bedroom Apartment rental is at Lakeshore Villas and starts from $1,309.

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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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.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.