Cheap Apartments for Rent in Balsam, NC from $500 (13 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 157 Citadel Dr

157 Citadel Dr

CullowheeNC28723

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-13, Page 1 of 1

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
Dilworth Apartment HomesOne Bedroom Sunroom1BR,1BA$1,285
Everson1-Bedroom1BR,1BA$1,300
Seasons at Biltmore Lake CondominiumsSpring1BR,1BA$1,300

Best Value Apartments for Rent in Balsam, NC and Nearby

As of May 11, 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 Aberdeen Model at Ashton Mills Townhomes starting at $2,650 with a $1.73 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
Ashton Mills TownhomesAberdeen3BR,2.5BA$1.73
The Townes at Fountain ParkALTAMONT3BR,2.5BA$1.59
Hawthorne at HaywoodBeaucatcher3BR,2BA$1.73
Flagship Western4x4 Flat4BR,4BA$0.48
White Oak Grove ApartmentsA2-22BR,2BA$1.64
Creekside at ArdenArden 2B2BR,2BA$1.44
Haven at Enka LakeThe Fairfield w/Balcony1BR,1BA$1.66
Audubon PlaceThe Finch1BR,1BA$1.71
Seasons at Biltmore Lake CondominiumsSpring1BR,1BA$1.65

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Balsam, NC

Ranked #69

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Balsam, NC Rentals by Map

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See the most popular apartments and homes in Balsam, NC

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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 $1,309 at Hawthorne at Bear Creek.

What is the most affordable Balsam Three Bedroom Apartment?

The best deal on a cheap Balsam Three Bedroom Apartment rental is at Ascent Apartment Homes and starts from $1,599.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.