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Rental Market Trends in Asheville, NC

What is the average rent in Asheville, NC?

$1,465/month

Average Rent

783 Sq Ft

Average Apartment Size

-4.2%

Decrease in the Last Year

As of October 2025, the average rent in Asheville, NC is $1,465 per month. For comparison, the national average rent price in the US is currently $1,630/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 $1,263 per month for a studio, $1,465 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 $1,940 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,263/month
533 Sq Ft
One Bedroom
$1,465/month
783 Sq Ft
Two Bedroom
$1,705/month
1,066 Sq Ft
Three Bedroom
$1,940/month
1,310 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,051/month
404 Sq Ft
Two Bedroom
$1,756/month
702 Sq Ft
Three Bedroom
$2,500/month
1,407 Sq Ft
Four Bedroom
$3,787/month
2,664 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,458/month
335 Sq Ft
Two Bedroom
$1,772/month
828 Sq Ft
Three Bedroom
$2,020/month
1,037 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,807/month
1,042 Sq Ft
Three Bedroom
$2,430/month
1,474 Sq Ft

How much has average rent changed in Asheville, NC?

In the past year, rent has decreased by 4.2%, which averages out to $61 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 October 2025
Legend
2024 2025
Market Trends Over Time

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
$1,313/month
750 Sq Ft
Leicester Village
$1,381/month
884 Sq Ft
Reserve at Asheville
$1,381/month
884 Sq Ft
East Asheville
$1,402/month
750 Sq Ft
Woodfin
$1,416/month
760 Sq Ft
Verde Vista
$1,527/month
830 Sq Ft
Oakley
$1,533/month
843 Sq Ft
Biltmore Park
$1,535/month
770 Sq Ft
Hawthone at Southside
$1,553/month
862 Sq Ft
Leisure Village
$1,564/month
843 Sq Ft

What are the most expensive neighborhoods in Asheville?

Based on current rent prices, Battery Park, Town Mountain and Downtown Asheville are the most expensive neighborhoods in Asheville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Battery Park
$2,931/month
922 Sq Ft
Town Mountain
$2,181/month
792 Sq Ft
Downtown Asheville
$2,031/month
759 Sq Ft
Biltmore Forest
$1,773/month
821 Sq Ft
River Arts District
$1,753/month
760 Sq Ft
South French Broad
$1,746/month
755 Sq Ft
Montford
$1,744/month
658 Sq Ft
Biltmore
$1,743/month
819 Sq Ft
Blue Ridge
$1,726/month
787 Sq Ft
East End
$1,680/month
763 Sq Ft

Which Asheville neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Asheville
$1,654/month
802 Sq Ft
Blue Ridge
$1,726/month
787 Sq Ft
Biltmore Park
$1,535/month
770 Sq Ft
South French Broad
$1,746/month
755 Sq Ft
River Arts District
$1,753/month
760 Sq Ft
Biltmore
$1,743/month
819 Sq Ft
Bent Creek
$1,595/month
818 Sq Ft
Biltmore Forest
$1,773/month
821 Sq Ft
Downtown Asheville
$2,031/month
759 Sq Ft
Oakley
$1,533/month
843 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 $1,465, you’ll want to make about $4,883 per month or $58,596 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 3.9% higher than the national average. Generally, housing in Asheville is 9.2% more expensive than the national average, with rent falling between $1,263 - $1,940. You can expect to pay 1.5% less for groceries, 4.1% less for utilities, and 6.5% less for transportation.

City

Asheville, NC

3,552 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
  • Fletcher 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

$1,429 - $3,125

1-3 Beds

Haven at Enka Lake

Haven at Enka Lake

196 Winter Forest Dr,
Candler, NC 28715

$1,295 - $2,055

1-3 Beds

Vetra Asheville

Vetra Asheville

300 Long Shoals Rd,
Arden, NC 28704

$1,193 - $2,199

1-3 Beds

Reflection Pointe

Reflection Pointe

185 Reflection Pointe,
Asheville, NC 28806

$1,295 - $1,945

1-3 Beds

Property Management Companies in Asheville, NC

Pegasus Residential
Pegasus Residential
  • 182

    Communities

  • 44,353

    Units

  • 100

    Cities

10 Communities in Asheville
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 254

    Communities

  • 59,563

    Units

  • 115

    Cities

9 Communities in Asheville
Southwood Realty Company
Southwood Realty Company
  • 103

    Communities

  • 24,800

    Units

  • 58

    Cities

8 Communities in Asheville
Greystar
Greystar
  • 3,440

    Communities

  • 949,078

    Units

  • 873

    Cities

7 Communities in Asheville
RKW Residential Management
RKW Residential Management
  • 86

    Communities

  • 23,904

    Units

  • 49

    Cities

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

    Communities

  • 12,158

    Units

  • 23

    Cities

3 Communities in Asheville
NHE
NHE
  • 23

    Communities

  • 4,996

    Units

  • 13

    Cities

3 Communities in Asheville
URS Capital Partners
URS Capital Partners
  • 12

    Communities

  • 2,344

    Units

  • 11

    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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity