Asheville, NC Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Asheville is $1,698, a 3.21% decrease compared to the previous year, when the average rent was $1,754.
Studio Apartments at $1,280 offer the most budget-friendly option with 539 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 770 square feet for $1,478, balancing privacy and affordability.
Two-beedroom units at $1,752 offer 1,069 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,331 sq ft) for $2,061, suitable for larger households.
Average rent in Asheville, NC
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,698 | 996 sq. ft. |
| Studio | $1,280 | 539 sq. ft. |
| 1 Bed | $1,478 | 770 sq. ft. |
| 2 Beds | $1,752 | 1,069 sq. ft. |
| 3 Beds | $2,061 | 1,331 sq. ft. |
Asheville, NC rent trends
Rental prices in Asheville, NC have decreased by 3.21% over the past year. The average rent moved from $1,754 to $1,698.
What's the typical rent budget in Asheville, NC?
The largest share of rentals in Asheville, NC (47%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Asheville, NC?
18,911 or 50% of the households in Asheville, NC are renter-occupied while 19,138 or 50% are owner-occupied.
Most affordable neighborhoods in Asheville?
Haw Creek $1,555/month
Skyland Springs $1,649/month
Hawthorne at Southside $1,723/month
All of these neighborhoods fall below the city wide average of $1,698/month.Most expensive neighborhoods in Asheville?
Redwood Forest $1,764/month
Malvern Hills $1,787/month
Brooks Estates $2,003/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Asheville, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brooks Estates | $2,003 |
| Malvern Hills | $1,787 |
| Redwood Forest | $1,764 |
| East End - Valley Street | $1,740 |
| Hawthorne at Southside | $1,723 |
| Skyland Springs | $1,649 |
| Haw Creek | $1,555 |
/
Asheville | Rent Comparison by Neighborhood
Rent in Brooks Estates is 15% higher than in East End - Valley Street
$2,003
Brooks Estates rent is 18% higher than Asheville average
Average Rent
$2,003
$1,740
East End - Valley Street rent is 3% higher than Asheville average
Average Rent
$1,740
How Asheville Compares to Other Cities
| City | Average Rent |
|---|---|
| Asheville | $1,698 |
| Charlotte | $1,655 |
| Raleigh | $1,579 |
| Fayetteville | $1,294 |
| Winston - Salem | $1,290 |
| Durham | $1,529 |
| Greensboro | $1,322 |
| Wilmington | $1,619 |
| Concord | $1,534 |
| Cary | $1,625 |
| Hickory | $1,489 |
| Hendersonville, NC | $1,502 |
| Weaverville, NC | $1,774 |
| Arden, NC | $1,718 |
| Fletcher, NC | $1,680 |
| Candler, NC | $1,594 |
| Cullowhee, NC | $1,871 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Asheville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.