
Cheap Apartments for Rent in the Park Avenue Neighborhood of Asheville, NC from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Avenue area of Asheville.


Ascot Point Village

Weirbridge Village

Woods Edge

Palisades of Asheville
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.

Hawthorne at Southside

Skyland Exchange Apartments

Goldelm at The Views

Ellison at the Preserve

Hawthorne at Mills Gap
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.

Mountain View

Venture at Lake Julian

Reserve at Biltmore Park
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.

Vetra Asheville
Park Avenue, Asheville, NC Local Guide

How much does it cost to rent an apartment in Park Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Avenue Studio Apartments | $1,157 | $1,098 | $1,281 |
| Park Avenue 1 Bedroom Apartments | $1,650 | $1,194 | $2,425 |
| Park Avenue 2 Bedroom Apartments | $1,877 | $1,299 | $3,025 |
| Park Avenue 3 Bedroom Apartments | $2,174 | $1,534 | $3,080 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Park Avenue Neighborhood of Asheville, NC.
See all Apartments in AshevilleExplore Asheville
Park Avenue, Asheville, NC Local Guide
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Cheapest Available Park Avenue Apartments for Rent
 The cheapest available apartment rental in the Park Avenue area of Asheville, NC is a Studio unit found at Venture at Lake Julian priced from $1,098. Kensington Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Park Avenue apartments for rent in Asheville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Venture at Lake Julian | Glenville | Studio,1BA | $1,098 |
| Kensington Place | Studio | Studio,1BA | $1,150 |
| Ascot Point Village | Classic Collection: Serenity | 1BR,1BA | $1,194 |
| Weirbridge Village | The Dogwood | Studio,1BA | $1,206 |
| Woods Edge | Ac - Aspen | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Park Avenue, NC
As of December 22, 2025 the best value apartment in the Park Avenue area is the $1.42 price per square foot Chimney Rock Model at Mountain View in the in the Bennington Oaks neighborhood starting from $1,799. The second greatest value Park Avenue apartment is the 1R Model at Biltmore Park Town Square starting at $1,950 with a $1.94 price per square foot in the Kashmir neighborhood. Here is today’s list of the best values for Park Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mountain View | Chimney Rock | 3BR,2BA | $1.42 |
| Biltmore Park Town Square | 1R | 1BR,1BA | $1.94 |
| Hawthorne at Mills Gap | Avail | 1BR,1BA | $1.77 |
| Goldelm at The Views | A1 The Carolina | 1BR,1BA | $1.72 |
| Woods Edge | Ac - Aspen | 1BR,1BA | $1.62 |
| Ascot Point Village | Luxury Collection: Tranquility | 1BR,1BA | $1.67 |
| Palisades of Asheville | The Drake with Patio | 1BR,1BA | $1.68 |
| Reserve at Biltmore Park | Buncombe | 1BR,1BA | $1.93 |
| Skyland Exchange Apartments | 1BR 1BA (737 SF) | 1BR,1BA | $1.92 |
| Hawthorne at Southside | TIMELESS Sterling | 1BR,1BA | $2.10 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Pet Friendly LifestylePark Avenue, Asheville, NC
Ranked #10
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Park Avenue Apartments
What is a cheap apartment in Park Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Avenue is under $1,402.
What is the price of a cheap apartment in Park Avenue?
The cheapest apartment in Park Avenue is Ascot Point Village which is listed at $1,194, while the average apartment in Park Avenue costs $1,990.
What types of apartments are the cheapest in Park Avenue?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 44 regular apartments in Park Avenue that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Park Avenue?
Cheap apartments in Park Avenue have an average cost of $315 which is $1,675 cheaper than the average rent for all rentals in Park Avenue.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

