147 E Chestnut St
147 E Chestnut St,
Asheville, NC 28801
$1,700 | 1 Bed
North Downtown
Asheville, NC
North Downtown - Asheville, NC
Area Guide
An Asheville neighborhood with a little of everything
Commutes
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Wooded
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Shops
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Restaurants
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Family-Friendly
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Get the best of both worlds -- the energy and excitement of downtown, but with that wooded mountain feel you love about Asheville -- in North Downtown. This large neighborhood begins along I-240 on the northeastern edge of downtown and extends north along Merrimon Avenue to roughly Weaver Park. Grove Park Country Club sits at the top end of the neighborhood.
Nearer to the highway, the urban feel is more prevalent with streets lined with shops, restaurants, and businesses as downtown spills over into the neighborhood. As you move more toward the park, the streets become more residential and heavily wooded. Close to the highway and with several bus stops along Merrimon Avenue, North Downtown is ideal for commuters.
Rent Trends
As of July 2025, the average apartment rent in North Downtown is $818 for a studio, $927 for one bedroom, and $1,202 for two bedrooms. Apartment rent in North Downtown has increased by 1.3% in the past year.
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Studio
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505 sq ft
Average Sq Ft
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$818/month
Average Rent
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1 BR
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645 sq ft
Average Sq Ft
-
$927/month
Average Rent
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2 BR
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751 sq ft
Average Sq Ft
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$1,202/month
Average Rent
Transportation
88
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
42
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
77
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
- Colburn Earth Science Museum
- Botanical Gardens at Asheville
- Biltmore
- Western North Carolina Nature Center
- Blue Ridge National Heritage Area
Airports
- Asheville Regional
Top Apartments in North Downtown
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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 June 2025.