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Rental Market Trends in Asheville, NC

Updated July 2026

The average rent in Asheville, NC is $1,436/month.

Rent in Asheville is roughly equal to the national average rent of of $1,663/month.

$1,436/month

Average Rent

773 Sq Ft

Average Size

-0.4%

Change / Year

4,152

Available Apartments

Asheville rent varies by unit size and layout:

  • Studio apartments in Asheville average $1,285 per month.
  • One-bedroom apartments in Asheville average $1,436 per month.
  • Two-bedroom apartments in Asheville average $1,678 per month.
  • Three-bedroom apartments in Asheville average $1,978 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,285/month
531 Sq Ft
One Bedroom
$1,436/month
773 Sq Ft
Two Bedroom
$1,678/month
1,065 Sq Ft
Three Bedroom
$1,978/month
1,341 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,667/month
543 Sq Ft
Two Bedroom
$1,798/month
745 Sq Ft
Three Bedroom
$2,367/month
1,288 Sq Ft
Four Bedroom
$3,310/month
2,123 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,303/month
264 Sq Ft
Two Bedroom
$2,094/month
817 Sq Ft
Three Bedroom
$1,982/month
823 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,690/month
648 Sq Ft
Three Bedroom
$2,355/month
1,590 Sq Ft
View Asheville Apartments

How much has average rent changed in Asheville, NC?

In the past year, rent has decreased by 0.4%, which averages out to $6 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Asheville, NC

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Asheville, NC
Percentage*
Rent Range
1% Below $700/month
11% $700 - $1,000/month
30% $1,001 - $1,500/month
46% $1,501 - $2,000/month
12% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Asheville?

Based on current rent prices, East Asheville, Woodfin and Bent Creek are the most affordable neighborhoods in Asheville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Asheville
$1,371/month
765 Sq Ft
Woodfin
$1,431/month
774 Sq Ft
Bent Creek
$1,450/month
800 Sq Ft
East End
$1,479/month
761 Sq Ft
Town Mountain
$1,519/month
784 Sq Ft
Biltmore Park
$1,564/month
759 Sq Ft
West Asheville
$1,605/month
827 Sq Ft
Blue Ridge
$1,611/month
797 Sq Ft
Oakley
$1,708/month
793 Sq Ft
East View
$1,763/month
762 Sq Ft

What are the most expensive neighborhoods in Asheville?

Based on current rent prices, Kenilworth, Biltmore Forest and Downtown Asheville are the most expensive neighborhoods in Asheville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Kenilworth
$2,063/month
776 Sq Ft
Biltmore Forest
$1,862/month
821 Sq Ft
Downtown Asheville
$1,811/month
674 Sq Ft
River Arts District
$1,810/month
764 Sq Ft
Biltmore
$1,781/month
816 Sq Ft
South French Broad
$1,765/month
675 Sq Ft
East View
$1,763/month
762 Sq Ft
Oakley
$1,708/month
793 Sq Ft
Blue Ridge
$1,611/month
797 Sq Ft
West Asheville
$1,605/month
827 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 Blue Ridge .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Asheville
$1,605/month
827 Sq Ft
Biltmore Park
$1,564/month
759 Sq Ft
Blue Ridge
$1,611/month
797 Sq Ft
Biltmore
$1,781/month
816 Sq Ft
South French Broad
$1,765/month
675 Sq Ft
Downtown Asheville
$1,811/month
674 Sq Ft
Oakley
$1,708/month
793 Sq Ft
Bent Creek
$1,450/month
800 Sq Ft
East View
$1,763/month
762 Sq Ft
Biltmore Forest
$1,862/month
821 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 $1,436, you’ll want to make about $4,786 per month or $57,432 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 6.6% higher than the national average. Generally, housing in Asheville is 13.7% more expensive than the national average, with rent falling between $1,285 - $1,978. You can expect to pay 0.6% less for groceries, 3.4% less for utilities, and 8.0% less for transportation.

City

Asheville, NC

4,152 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.

View the Asheville Area Guide

Apartment Averages

East Asheville

Asheville, NC

Kenilworth

Asheville, NC

Studio
$982/month
$1,023/month
One Bedroom
$1,209/month
$1,358/month
Two Bedroom
$1,639/month
$1,906/month
Three Bedroom
$1,992/month
$2,333/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Arden

    Arden

Apartment Communities in Asheville We Think You'll Love

Ellison at the Preserve

Ellison at the Preserve

375 Spring Bluff Ln,
Asheville, NC 28803

Studio - 3 Beds | $1,355 - $3,641

Vetra Asheville

Vetra Asheville

300 Long Shoals Rd,
Arden, NC 28704

1-3 Beds | $1,199 - $1,899

Haven at Enka Lake

Haven at Enka Lake

196 Winter Forest Dr,
Candler, NC 28715

1-3 Beds | $1,320 - $1,925

Hawthorne at Holbrook

Hawthorne at Holbrook

3 Whisperwood Way,
Candler, NC 28715

1-3 Beds | $1,549 - $2,289

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Frequently Asked Questions

What is the average rent in Asheville?

The average rent in Asheville is $1,436 per month, which is 13.7% lower than the national average of $1,663.

What is the average rent for a house in Asheville?

The average rent for a house in Asheville, NC is $2,367 per month.

What is the average rent for a townhome in Asheville?

The average rent for a townhome in Asheville, NC is $1,690 per month.

What is the average rent for a condo in Asheville?

The average rent for a condo in Asheville, NC is $1,303 per month.

Are rents going up or down in Asheville?

Rents in Asheville, NC are decreasing, with prices down 0.4% year-over-year and $6 less per month.

What rent range is most common in Asheville?

In Asheville, NC, 46% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity