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Area Guide

Five Points Asheville, NC

The hip home to the University of North Carolina Asheville

Great Location Tourism College Town

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 May 2026, the average apartment rent in Five Points is $995 for one bedroom, $1,095 for two bedrooms, and $1,245 for three bedrooms. Apartment rent in Five Points has decreased by -20.1% in the past year.

  • 1 BR

  • 810 sq ft

    Average Sq Ft

  • $995/month

    Average Rent

  • 2 BR

  • 890 sq ft

    Average Sq Ft

  • $1,095/month

    Average Rent

  • 3 BR

  • 1,034 sq ft

    Average Sq Ft

  • $1,245/month

    Average Rent

Getting Around

Moderately Walkable

Walkability

60 / 100

Limited Public Transit

Transit

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

70 / 100

Good Restaurant Variety Nearby

Restaurants

60 / 100

Fair Café Variety Nearby

Cafes

50 / 100

Fair Variety of Shops Nearby

Shopping

40 / 100

Recreation

Large Amount of Park Space Nearby

Parks

60 / 100

Fair Wellness Amenity Variety Nearby

Wellness

40 / 100

Local Vibe

Vibrant Atmosphere at Times

Vibrancy

40 / 100

Fair Nightlife Variety Nearby

Nightlife

50 / 100

Not Noisy

Quiet Score

90 / 100

Points of Interest

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

Top Apartments in Five Points

Property Management Companies

Search Nearby Rentals

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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.