Downtown Asheville, Asheville, NC Rental Market Trends

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Downtown Asheville, Asheville, NC

Last updated: November 18, 2025

Downtown Asheville, Asheville, NC rent trends

Rental prices in Downtown Asheville, Asheville, NC have decreased by 1.25% over the past year. The average rent moved from $1,848 to $1,825.

What's the typical rent budget in Downtown Asheville, Asheville, NC?

The largest share of rentals in Downtown Asheville, Asheville, NC (51%) 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 Downtown Asheville, Asheville, NC?

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Asheville, NC By Neighborhood

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Asheville | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Brooks Estates is 15% higher than in East End - Valley Street

$2,003

Brooks Estates rent is 10% higher than Asheville average

Average Rent $2,003
$1,740

East End - Valley Street rent is 5% lower than Asheville average

Average Rent $1,740

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 Downtown 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.