Reed Creek Greenway Apartments
421 Broadway St,
Asheville, NC 28801
$1,475 - $2,530
1-2 Beds
Five Points
Asheville, NC
Five Points - Asheville, NC
Area Guide
The hip home to the University of North Carolina Asheville
Great Location
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Tourism
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College Town
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Upscale
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Trendy
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Nestled directly north of Downtown Asheville, Five Points is the proud home to the University of North Carolina Asheville and the Botanical Gardens at Asheville. The university’s youthful vibe is palpable throughout the neighborhood, and residents enjoy the various hip cafes, retro diners, and modern health restaurants along Broadway Street and Merrimon Avenue. From Plant, a vegan restaurant, to Del Vecchios, a family-run pizzeria, there’s something for everyone in this small community. Residents enjoy easy access to Interstates 26 and 240, along with other major roadways that get them in and around the city. Five Points locals can be in Downtown Asheville enjoying the abundant breweries, restaurants, and specialty shops in just minutes.
Rent Trends
As of December 2025, the average apartment rent in Five Points is $895 for one bedroom, $995 for two bedrooms, and $1,095 for three bedrooms. Apartment rent in Five Points has decreased by -33.5% in the past year.
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1 BR
-
810 sq ft
Average Sq Ft
-
$895/month
Average Rent
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2 BR
-
890 sq ft
Average Sq Ft
-
$995/month
Average Rent
-
3 BR
-
1,034 sq ft
Average Sq Ft
-
$1,095/month
Average Rent
Transportation
85
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
38
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
73
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Botanical Gardens at Asheville
- Colburn Earth Science Museum
- Biltmore
- Western North Carolina Nature Center
- Blue Ridge National Heritage Area
Airports
- Asheville Regional
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Methodology
† 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 November 2025.