Grove Arcade Asheville
1 Page Ave,
Asheville, NC 28801
$2,360 - $4,935
1-2 Beds
In recent years, Asheville has developed a reputation as one of the hippest and most exciting cities in the South, and living downtown puts you at the center of it all. The city’s famous Art Deco architecture creates a picturesque setting with the surrounding mountains providing a beautiful scenic backdrop. On the west side, the historic Grove Arcade is surrounded by popular hangouts: whether you’re looking to eat, drink, or just go shopping, chances are you’ll find yourself walking this way pretty often. Beer lovers will be in heaven with a huge selection of breweries like Wicked Weed and Green Man as well as countless watering holes all around the neighborhood. Downtown is also a major hub for the arts, with tons of great galleries along Broadway and Biltmore, plus live music at venues like The Altamont and independent film screenings at Fine Arts Theatre. Living in Downtown Asheville puts the best of the city just a few steps outside your front door.
As of March 2026, the average apartment rent in Downtown Asheville is $1,391 for a studio, $1,509 for one bedroom, $2,489 for two bedrooms, and $1,203 for three bedrooms. Apartment rent in Downtown Asheville has decreased by -4.2% in the past year.
Studio
555 sq ft
Average Sq Ft
$1,391/month
Average Rent
1 BR
693 sq ft
Average Sq Ft
$1,509/month
Average Rent
2 BR
1,322 sq ft
Average Sq Ft
$2,489/month
Average Rent
3 BR
969 sq ft
Average Sq Ft
$1,203/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.