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Rental Market Trends in Asheville, NC

What is the average rent in Asheville, NC?

$1,470/month

Average Rent

781 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

As of January 2026, the average rent in Asheville, NC is $1,470 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Asheville rent prices are 10% lower than the national average. When you rent an apartment in Asheville, you can expect to pay about $1,275 per month for a studio, $1,470 for a one-bedroom apartment, and around $1,705 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,962 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,275/month
532 Sq Ft
One Bedroom
$1,470/month
781 Sq Ft
Two Bedroom
$1,705/month
1,063 Sq Ft
Three Bedroom
$1,962/month
1,308 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,239/month
604 Sq Ft
Two Bedroom
$1,818/month
777 Sq Ft
Three Bedroom
$2,408/month
1,361 Sq Ft
Four Bedroom
$3,843/month
2,547 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,396/month
358 Sq Ft
Two Bedroom
$1,934/month
705 Sq Ft
Three Bedroom
$1,778/month
822 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,220/month
585 Sq Ft
Two Bedroom
$1,741/month
1,132 Sq Ft
Three Bedroom
$2,567/month
1,830 Sq Ft

How much has average rent changed in Asheville, NC?

In the past year, rent has decreased by 0.4%, which averages out to $5 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Asheville, NC
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Asheville, NC
Percentage*
Rent Range
1% Below $700/month
13% $700 - $1,000/month
26% $1,001 - $1,500/month
47% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Asheville?

Based on current rent prices, Ascot Point Village, Leicester Village and Reserve at Asheville are the most affordable neighborhoods in Asheville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ascot Point Village
$1,340/month
743 Sq Ft
Leicester Village
$1,342/month
796 Sq Ft
Reserve at Asheville
$1,342/month
796 Sq Ft
Woodfin
$1,446/month
760 Sq Ft
Hawthone at Southside
$1,479/month
776 Sq Ft
Town Mountain
$1,523/month
757 Sq Ft
East Asheville
$1,530/month
768 Sq Ft
East End
$1,547/month
762 Sq Ft
Bent Creek
$1,555/month
808 Sq Ft
Five Points
$1,643/month
684 Sq Ft

What are the most expensive neighborhoods in Asheville?

Based on current rent prices, Battery Park, Downtown Asheville and River Arts District are the most expensive neighborhoods in Asheville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Battery Park
$2,958/month
945 Sq Ft
Downtown Asheville
$2,065/month
779 Sq Ft
River Arts District
$1,832/month
766 Sq Ft
South French Broad
$1,825/month
760 Sq Ft
Biltmore Forest
$1,799/month
820 Sq Ft
Biltmore
$1,782/month
843 Sq Ft
Montford
$1,734/month
669 Sq Ft
West Asheville
$1,708/month
832 Sq Ft
Leisure Village
$1,666/month
819 Sq Ft
Blue Ridge
$1,665/month
788 Sq Ft

Which Asheville neighborhoods have the most rentals available?

The neighborhoods in Asheville with the most apartments available are West Asheville, Biltmore Park and Biltmore .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Asheville
$1,708/month
832 Sq Ft
Biltmore Park
$1,653/month
759 Sq Ft
Biltmore
$1,782/month
843 Sq Ft
Blue Ridge
$1,665/month
788 Sq Ft
Bent Creek
$1,555/month
808 Sq Ft
River Arts District
$1,832/month
766 Sq Ft
South French Broad
$1,825/month
760 Sq Ft
Biltmore Forest
$1,799/month
820 Sq Ft
Downtown Asheville
$2,065/month
779 Sq Ft
Oakley
$1,663/month
847 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Asheville, NC?

Because the average rent in Asheville is $1,470, you’ll want to make about $4,900 per month or $58,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Asheville, NC is 5.9% higher than the national average. Generally, housing in Asheville is 13.1% more expensive than the national average, with rent falling between $1,275 - $1,962. You can expect to pay 0.4% less for groceries, 5.2% less for utilities, and 8.2% less for transportation.

City

Asheville, NC

4,144 Available Apartments for Rent

Search for Nearby Apartments

How does Asheville, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Asheville, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Asheville, NC

Apartment Averages

Ascot Point Village

Asheville, NC

Battery Park

Asheville, NC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Arden Average Rent

Apartment communities in Asheville we think you'll love

Ellison at the Preserve

Ellison at the Preserve

375 Spring Bluff Ln,
Asheville, NC 28803

$1,425 - $3,075

Studio - 3 Beds

Hawthorne at Holbrook

Hawthorne at Holbrook

3 Whisperwood Way,
Candler, NC 28715

$1,549 - $2,239

1-3 Beds

Vetra Asheville

Vetra Asheville

300 Long Shoals Rd,
Arden, NC 28704

$1,099 - $2,199

1-3 Beds

Haven at Enka Lake

Haven at Enka Lake

196 Winter Forest Dr,
Candler, NC 28715

$1,320 - $2,055

1-3 Beds

Property Management Companies in Asheville, NC

Pegasus Residential
Pegasus Residential
  • 192

    Communities

  • 46,530

    Units

  • 110

    Cities

11 Communities in Asheville
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 246

    Communities

  • 58,717

    Units

  • 109

    Cities

9 Communities in Asheville
Southwood Realty Company
Southwood Realty Company
  • 102

    Communities

  • 24,696

    Units

  • 59

    Cities

8 Communities in Asheville
Greystar
Greystar
  • 3,458

    Communities

  • 953,902

    Units

  • 889

    Cities

7 Communities in Asheville
RKW Residential Management
RKW Residential Management
  • 78

    Communities

  • 22,803

    Units

  • 45

    Cities

3 Communities in Asheville
ARI Apartment Management
ARI Apartment Management
  • 37

    Communities

  • 12,158

    Units

  • 23

    Cities

3 Communities in Asheville
Madison Capital Group
Madison Capital Group
  • 29

    Communities

  • 6,177

    Units

  • 21

    Cities

3 Communities in Asheville
NHE
NHE
  • 20

    Communities

  • 4,323

    Units

  • 12

    Cities

3 Communities in Asheville

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United States North Carolina Asheville Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity