Cheap Homes for Rent near Townsville, NC from $500 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Townsville.

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.

Read Article

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.

Read Article
property at 701 Market St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

701 Market St

ClarksvilleVA23927

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.

Read Article
property at 124 E Ferrell St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

124 E Ferrell St

South HillVA23970

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.

Read Article
Showing Results 1-28, Page 1 of 1

Townsville, NC Local Guide

Cheapest Available Townsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Townsville, NC is a 1 Bed unit found at Vance Senior Housing Apartments priced from $690. Pinewood Forest Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,002. Here is today’s list of the most affordable Townsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vance Senior Housing Apartments1 Bedroom1BR,1BA$690
Pinewood Forest Apartments2/1 50% AMI2BR,1BA$1,002
Rippling Stream Townhomes1x1.51BR,1BA$1,070
Madison Pointe2 Bedoom 1.5 Bathoom2BR,1BA$1,099
Autumn ParkThe Cherry1BR,1BA$1,125
Maystone at WakefieldSunstone1BR,1BA$1,162
Encore at HeritageS11BR,1BA$1,180
Wakefield GlenA11BR,1BA$1,194
Magnolia Pointe1A - 60%1BR,1BA$1,199
Legacy at Wakefield ApartmentsA11BR,1BA$1,207

Best Value Apartments for Rent in Townsville, NC and Nearby

As of August 02, 2026 the best value apartment in the Townsville area is the $1.17 price per square foot Somerset Model at Aston Apartments in the in the Reynolds Mill neighborhood starting from $1,812. The second greatest value Townsville apartment is the Zephyr Model at The Collection Kinsley starting at $1,840 with a $1.28 price per square foot in the Hunters Crossing neighborhood. Here is today’s list of the best values for Townsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aston ApartmentsSomerset3BR,2BA$1.17
The Collection KinsleyZephyr3BR,2.5BA$1.28
Capital Creek at Heritage Apartments2BR 2BA (1195 SF)2BR,2BA$1.25
Edgewood ApartmentsBridge 2x2 Partially Renovated2BR,2BA$1.34
Rippling Stream Townhomes2x1.52BR,1.5BA$1.39
Madison Pointe2 Bedoom 1.5 Bathoom2BR,1.5BA$1.19
Wakefield GlenA11BR,1BA$1.41
Pinewood Forest Apartments2/1 50% AMI2BR,1BA$1.19
Maystone at WakefieldSunstone1BR,1BA$1.45
Vance Senior Housing Apartments1 Bedroom1BR,1BA$1.26

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Townsville, NC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Townsville, NC

View Map
Townsville, NC Apartments Map
View Map
Townsville, NC Rental Homes Map

Frequently Asked Questions about Townsville

What type of rentals are currently available in Townsville?

There are currently 43 Apartments for Rent in Townsville, NC with pricing that ranges from $690 to $3,358. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Townsville ranging from $625 to $2,950.

What is the current price range for Rental Homes in Townsville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Townsville ranges from $625 to $2,950 with an average monthly rent of $1,139.

How much are larger Three and Four Bedroom Rentals in Townsville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Townsville range from $1,287 to $3,265, while Three Bedroom Homes, Condos, and Townhomes for rent range from $745 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,920.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.