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Rental Market Trends in Asheville, NC

Updated September 2026

The average rent in Asheville, NC is $1,435/month.

Rent in Asheville is roughly equal to the national average rent of of $1,665/month.

$1,435/month

Average Rent

769 Sq Ft

Average Size

-1%

Change / Year

3,388

Available Apartments

Asheville rent varies by unit size and layout:

  • Studio apartments in Asheville average $1,310 per month.
  • One-bedroom apartments in Asheville average $1,435 per month.
  • Two-bedroom apartments in Asheville average $1,664 per month.
  • Three-bedroom apartments in Asheville average $2,008 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,310/month
525 Sq Ft
One Bedroom
$1,435/month
769 Sq Ft
Two Bedroom
$1,664/month
1,063 Sq Ft
Three Bedroom
$2,008/month
1,333 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,460/month
477 Sq Ft
Two Bedroom
$1,772/month
893 Sq Ft
Three Bedroom
$2,437/month
1,370 Sq Ft
Four Bedroom
$3,639/month
2,210 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,681/month
566 Sq Ft
Two Bedroom
$1,985/month
1,040 Sq Ft
Three Bedroom
$1,880/month
869 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,977/month
1,028 Sq Ft
Three Bedroom
$2,330/month
1,466 Sq Ft
View Asheville Apartments

How much has average rent changed in Asheville, NC?

In the past year, rent has decreased by 1%, which averages out to $14 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Asheville, NC

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Asheville, NC
Percentage*
Rent Range
1% Below $700/month
12% $700 - $1,000/month
29% $1,001 - $1,500/month
47% $1,501 - $2,000/month
11% 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
$1,384/month
765 Sq Ft
Woodfin
$1,402/month
779 Sq Ft
Bent Creek
$1,420/month
791 Sq Ft
Five Points
$1,523/month
705 Sq Ft
Biltmore Park
$1,567/month
759 Sq Ft
West Asheville
$1,574/month
826 Sq Ft
East End
$1,596/month
757 Sq Ft
Montford
$1,644/month
735 Sq Ft
Blue Ridge
$1,646/month
802 Sq Ft
Oakley
$1,681/month
817 Sq Ft

What are the most expensive neighborhoods in Asheville?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Biltmore Forest
$2,018/month
837 Sq Ft
Downtown Asheville
$1,785/month
692 Sq Ft
Biltmore
$1,750/month
830 Sq Ft
River Arts District
$1,748/month
757 Sq Ft
East View
$1,745/month
762 Sq Ft
South French Broad
$1,707/month
711 Sq Ft
Oakley
$1,681/month
817 Sq Ft
Blue Ridge
$1,646/month
802 Sq Ft
Montford
$1,644/month
735 Sq Ft
East End
$1,596/month
757 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
$1,574/month
826 Sq Ft
Biltmore Park
$1,567/month
759 Sq Ft
Blue Ridge
$1,646/month
802 Sq Ft
Biltmore
$1,750/month
830 Sq Ft
Oakley
$1,681/month
817 Sq Ft
South French Broad
$1,707/month
711 Sq Ft
Downtown Asheville
$1,785/month
692 Sq Ft
Bent Creek
$1,420/month
791 Sq Ft
East View
$1,745/month
762 Sq Ft
River Arts District
$1,748/month
757 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 $1,435, you’ll want to make about $4,783 per month or $57,396 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 $1,310 - $2,008. You can expect to pay 0.6% less for groceries, 3.4% less for utilities, and 8.0% less for transportation.

City

Asheville, NC

3,388 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

Biltmore Forest

Asheville, NC

Studio
$800/month
$1,052/month
One Bedroom
$1,139/month
$1,328/month
Two Bedroom
$1,514/month
$1,447/month
Three Bedroom
$1,755/month
$1,769/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

    Avg Rent: $1,462/month

  • Candler

    Candler

    Avg Rent: $1,480/month

  • Fletcher

    Fletcher

    Avg Rent: $1,471/month

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 - $3,516

The Highland

The Highland

382 Red Bud Cir,
Hendersonville, NC 28792

1-3 Beds | $1,574 - $2,099

Vetra Asheville

Vetra Asheville

300 Long Shoals Rd,
Arden, NC 28704

1-3 Beds | $1,199 - $2,199

Haven at Enka Lake

Haven at Enka Lake

196 Winter Forest Dr,
Candler, NC 28715

1-3 Beds | $1,365 - $1,875

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Frequently Asked Questions

What is the average rent in Asheville?

The average rent in Asheville is $1,435 per month, which is 13.8% lower than the national average of $1,665.

What is the average rent for a house in Asheville?

The average rent for a house in Asheville, NC is $2,437 per month.

What is the average rent for a townhome in Asheville?

The average rent for a townhome in Asheville, NC is $1,977 per month.

What is the average rent for a condo in Asheville?

The average rent for a condo in Asheville, NC is $1,681 per month.

Are rents going up or down in Asheville?

Rents in Asheville, NC are decreasing, with prices down 1.0% year-over-year and $14 less per month.

What rent range is most common in Asheville?

In Asheville, NC, 47% 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 September 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity