Cheap Apartments for Rent in Balsam, NC from $500 (12 Rentals)

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

property at 157 Citadel Dr

157 Citadel Dr

CullowheeNC28723

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Balsam, NC Local Guide

Cheapest Available Balsam Apartments for Rent and Nearby

 

The cheapest available apartment rental in Balsam, NC is a 1 Bed unit found at The Riverhouse of Cullowhee priced from $595. Reserve at Asheville in the Dover Charles Travis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here is today’s list of the most affordable Balsam apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Riverhouse of Cullowhee1 Bedroom1BR,1BA$595
Reserve at AshevilleS1Studio,1BA$1,199
Westmont CommonsChalet1BR,1BA$1,201
Reserve at Biltmore ParkBuncombe1BR,1BA$1,220
Hawthorne at Bear CreekThe Sunburst1BR,1BA$1,231

Best Value Apartments for Rent in Balsam, NC and Nearby

As of April 25, 2025 the best value apartment in the Balsam area is the $1.40 price per square foot Magnolia Model at Artisan Living Mills River in the in the Kayden Valley neighborhood starting from $2,550. The second greatest value Balsam apartment is the ALTAMONT Model at The Townes at Fountain Park starting at $2,295 with a $1.66 price per square foot in the Biltmore Lake neighborhood. Here is today’s list of the best values for Balsam apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Artisan Living Mills RiverMagnolia3BR,2.5BA$1.40
The Townes at Fountain ParkALTAMONT3BR,2.5BA$1.66
Flagship Western4x4 Flat4BR,4BA$0.48
White Oak Grove ApartmentsA2-22BR,2BA$1.61
Audubon PlaceThe Cardinal1BR,1BA$1.64
Dilworth Apartment HomesOne Bedroom Sunroom1BR,1BA$1.53
Haven at Enka LakeThe Fairfield w/Balcony1BR,1BA$1.66
Westmont CommonsChalet1BR,1BA$1.43
Greymont Village ApartmentsTranquility1BR,1BA$1.72
Seasons at Biltmore Lake CondominiumsSpring1BR,1BA$1.65

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Frequently Asked Questions about Cheap Balsam Apartments

What is the Cheapest Studio apartment in Balsam?

Currently the most affordable Cheap Studio Apartment in Balsam is at Reserve at Asheville listed at $1,199.

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

The lowest price for a Cheap One Bedroom Balsam Apartment is $595 at The Riverhouse of Cullowhee.

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

Today's best deal for a Cheap Two Bedroom Apartment in Balsam is starting from $1,294 at Westmont Commons.

What is the most affordable Balsam Three Bedroom Apartment?

The best deal on a cheap Balsam Three Bedroom Apartment rental is at Hawthorne at Bear Creek and starts from $1,519.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.