Asheville, NC Rental Market Trends

Highlights

The average rent for an apartment in Asheville is $1,152, a 0% decrease compared to the previous year, when the average rent was $0.

Studio apartments in Asheville rent for $811 a month, while 1-bedroom apartments ask on average $1,009 a month; the average rent for a 2-bedroom apartment is $1,171.

Average Rent in Asheville, NC

Last updated Oct 2018

	All rentals	Studio	1 Bed	2 Beds	3 Beds
Average Rent	$1,152	$811	$1,009	$1,171	$1,479
Average Apartment Size	982 sq. ft.	517 sq. ft.	777 sq. ft.	1,035 sq. ft.	1,351 sq. ft.

The average size for a Asheville apartment is 982 square feet, but this number varies greatly depending on apartment type. A studio averages 517 sq. ft., while a one-bedroom apartment offers a more generous square footage: 777. 2-bedroom apartments in Asheville have an average size of 1,035 sq. ft.

Asheville, NC Apartment Rent Ranges

$501-$7003%
$701-$1,00053%
$1,001-$1,50041%
$1,501-$2,0002%

Asheville, NC Rent Trends

Average Rent All rentals		Studio	1 Bed	2 Beds	3 Beds
Oct / 2018	$1,152	$811	$1,009	$1,171	$1,479
Jan / 2018	$1,145	$810	$1,005	$1,164	$1,467

Average Rent in Asheville, NC By Neighborhood

Chestnut Hills

$1,249

Claxton Community

$1,249

Downtown Asheville

$1,249

East End - Valley Street

$1,249

Erskine - Walton

$1,249

Five Points

$1,249

Henrietta

$1,249

Hillcrest

$1,249

Historic Montford

$1,249

Livingston Heights

$1,249

Murdock - Linden

$1,249

South French Broad

$1,249

Walton - Oakland

$1,249

WECAN

$1,249

Albemarle Park

$1,202

Charlotte Street

$1,202

Grove Park - Sunset

$1,202

Norwood Park

$1,202

Ballentree

$1,195

Biltmore Park

$1,195

Biltmore South

$1,195

Blake Mountain Estates

$1,195

Bunea Vista

$1,195

Cimarron

$1,195

Crowfields Condominiums

$1,195

Deerwood

$1,195

East View Association

$1,195

Oakley

$1,195

Park Avenue

$1,195

Racquet Club Village

$1,195

Shiloh

$1,195

Spring Forest

$1,195

Kenilworth

$1,162

Cloister Condominiums

$1,149

Kenilworth Forest

$1,149

Bear Creek

$1,112

Brucemont - Louisiana

$1,112

Burton Street

$1,112

Deaverview

$1,112

Falconhurst

$1,112

Hall Fletcher

$1,112

Long Valley

$1,112

Lucerne Park

$1,112

Malvern Hills

$1,112

Morningside Park

$1,112

Pisgah View

$1,112

Richmond Hill

$1,112

Riverview

$1,112

South Virginia Avenue

$1,112

Upper Malvern Hills

$1,112

Virginia Avenue

$1,112

West Asheville Estates

$1,112

Westwood Place

$1,112

Wilshire Park

$1,112

Southwest Asheville

$1,109

West Asheville

$1,109

Bartrams Walk

$1,072

Beverly Hills

$1,019

Haw Creek

$1,019

Mountainbrook

$1,019

Parkway Forest

$1,019

Redwood Forest

$1,019

Sondley Estates

$1,019

View Point

$1,019

Average Rent
Neighborhood	All rentals	Studio	1 Bed	2 Beds	3 Beds
View Point	$1,019	$559	$896	$1,073	$1,708
Sondley Estates	$1,019	$559	$896	$1,073	$1,708
Redwood Forest	$1,019	$559	$896	$1,073	$1,708
Parkway Forest	$1,019	$559	$896	$1,073	$1,708
Mountainbrook	$1,019	$559	$896	$1,073	$1,708
Haw Creek	$1,019	$559	$896	$1,073	$1,708
Beverly Hills	$1,019	$559	$896	$1,073	$1,708
Bartrams Walk	$1,072	$559	$919	$1,115	$1,533
West Asheville	$1,109	$850	$961	$1,155	$1,320
Southwest Asheville	$1,109	$850	$961	$1,155	$1,320
Wilshire Park	$1,112	$850	$963	$1,165	$1,321
Westwood Place	$1,112	$850	$963	$1,165	$1,321
West Asheville Estates	$1,112	$850	$963	$1,165	$1,321
Virginia Avenue	$1,112	$850	$963	$1,165	$1,321
Upper Malvern Hills	$1,112	$850	$963	$1,165	$1,321
South Virginia Avenue	$1,112	$850	$963	$1,165	$1,321
Riverview	$1,112	$850	$963	$1,165	$1,321
Richmond Hill	$1,112	$850	$963	$1,165	$1,321
Pisgah View	$1,112	$850	$963	$1,165	$1,321
Morningside Park	$1,112	$850	$963	$1,165	$1,321
Malvern Hills	$1,112	$850	$963	$1,165	$1,321
Lucerne Park	$1,112	$850	$963	$1,165	$1,321
Long Valley	$1,112	$850	$963	$1,165	$1,321
Hall Fletcher	$1,112	$850	$963	$1,165	$1,321
Falconhurst	$1,112	$850	$963	$1,165	$1,321
Deaverview	$1,112	$850	$963	$1,165	$1,321
Burton Street	$1,112	$850	$963	$1,165	$1,321
Brucemont - Louisiana	$1,112	$850	$963	$1,165	$1,321
Bear Creek	$1,112	$850	$963	$1,165	$1,321
Kenilworth Forest	$1,149	$765	$1,017	$1,194	$1,490
Cloister Condominiums	$1,149	$765	$1,017	$1,194	$1,490
Kenilworth	$1,162	$798	$1,018	$1,187	$1,552
Spring Forest	$1,195	$851	$1,061	$1,244	$1,465
Shiloh	$1,195	$851	$1,061	$1,244	$1,465
Racquet Club Village	$1,195	$851	$1,061	$1,244	$1,465
Park Avenue	$1,195	$851	$1,061	$1,244	$1,465
Oakley	$1,195	$851	$1,061	$1,244	$1,465
East View Association	$1,195	$851	$1,061	$1,244	$1,465
Deerwood	$1,195	$851	$1,061	$1,244	$1,465
Crowfields Condominiums	$1,195	$851	$1,061	$1,244	$1,465
Cimarron	$1,195	$851	$1,061	$1,244	$1,465
Bunea Vista	$1,195	$851	$1,061	$1,244	$1,465
Blake Mountain Estates	$1,195	$851	$1,061	$1,244	$1,465
Biltmore South	$1,195	$851	$1,061	$1,244	$1,465
Biltmore Park	$1,195	$851	$1,061	$1,244	$1,465
Ballentree	$1,195	$851	$1,061	$1,244	$1,465
Norwood Park	$1,202	$965	$1,010	$1,154	$1,621
Grove Park - Sunset	$1,202	$965	$1,010	$1,154	$1,621
Charlotte Street	$1,202	$965	$1,010	$1,154	$1,621
Albemarle Park	$1,202	$965	$1,010	$1,154	$1,621
WECAN	$1,249	$965	$1,027	$1,128	$1,699
Walton - Oakland	$1,249	$965	$1,027	$1,128	$1,699
South French Broad	$1,249	$965	$1,027	$1,128	$1,699
Murdock - Linden	$1,249	$965	$1,027	$1,128	$1,699
Livingston Heights	$1,249	$965	$1,027	$1,128	$1,699
Historic Montford	$1,249	$965	$1,027	$1,128	$1,699
Hillcrest	$1,249	$965	$1,027	$1,128	$1,699
Henrietta	$1,249	$965	$1,027	$1,128	$1,699
Five Points	$1,249	$965	$1,027	$1,128	$1,699
Erskine - Walton	$1,249	$965	$1,027	$1,128	$1,699
East End - Valley Street	$1,249	$965	$1,027	$1,128	$1,699
Downtown Asheville	$1,249	$965	$1,027	$1,128	$1,699
Claxton Community	$1,249	$965	$1,027	$1,128	$1,699
Chestnut Hills	$1,249	$965	$1,027	$1,128	$1,699

The most affordable neighborhoods in Asheville are Beverly Hills, where the average rent goes for $1,019/month, Haw Creek, where renters pay $1,019/mo on average, and Mountainbrook, where the average rent goes for $1,019/mo. If you’re looking for other great deals, check out the listings from Parkway Forest ($1,019), Redwood Forest ($1,019), and Sondley Estates ($1,019), where the asking prices are below the average Asheville rent of $1,152/mo.

The most expensive neighborhoods in Asheville are South French Broad ($1,249), Walton - Oakland ($1,249) and WECAN ($1,249).

Asheville | Rent Comparison by Neighborhood

Rent in Albemarle Park is 1% higher than in Ballentree

$1,202

Albemarle Park rent is 4% higher than Asheville average

All rentals	$1,202
Studio	$965
1 Bed	$1,010
2 Beds	$1,154
3 Beds	$1,621

$1,195

Ballentree rent is 4% higher than Asheville average

All rentals	$1,195
Studio	$851
1 Bed	$1,061
2 Beds	$1,244
3 Beds	$1,465

How Does Asheville Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Asheville	$1,152	n/a
Woodfin	$1,124	0%
Avery Creek	$1,168	0%
Bent Creek	$1,112	0%
Biltmore Forest	$1,195	0%
Royal Pines	$1,184	0%
Weaverville	$1,161	0%

For more information about the Asheville rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Asheville apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

Asheville, NC Rental Market Trends

Highlights

Average Rent in Asheville, NC

Asheville, NC Apartment Rent Ranges

Asheville, NC Rent Trends

Average Rent in Asheville, NC By Neighborhood

Asheville | Rent Comparison by Neighborhood

Rent in Albemarle Park is 1% higher than in Ballentree

How Does Asheville Compare to Nearby Cities

Cheapest Listings on RENTCafé

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