What is the average apartment size in Downtown Asheville, Asheville, NC?

The average size for a Downtown Asheville, Asheville, NC apartment is 773 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Asheville?

As of Jul / 2026, the average rent in Downtown Asheville is $1,731 per month, a 5.55% decrease from last years average of $1,833.

What is the average apartment size in Downtown Asheville?

The typical apartment in Downtown Asheville offers about 773 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Downtown Asheville, Asheville, NC Rental Market Trends

Q: What's the typical rent budget in Downtown Asheville?

The typical rent budget in Downtown Asheville ranges from $1,501 to $2,000 per month, with 45% of rentals in this range.

Q: Do most people rent or own in Downtown Asheville?

In Downtown Asheville, 63% of households rent while 37% own their homes, based on the latest U.S. Census data.

Last updated: September 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Asheville is $1,731, a 5.55% decrease compared to the previous year, when the average rent was $1,833.

One-bedroom apartments provide 652 square feet for $1,546, balancing privacy and affordability.

Two-bedroom units at $2,273 offer 1,132 square feet, perfect for roommates or small families.

Average rent in Downtown Asheville, Asheville, NC

Last updated: September 02, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,731	773 sq. ft.
Studio	n/a	n/a
1 Bed	$1,546	652 sq. ft.
2 Beds	$2,273	1,132 sq. ft.
3 Beds	n/a	n/a

Downtown Asheville, Asheville, NC rent trends

Rental prices in Downtown Asheville, Asheville, NC have decreased by 5.55% over the past year. The average rent moved from $1,833 to $1,731.

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

The largest share of rentals in Downtown Asheville, Asheville, NC (45%) 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?

602 or 63% of the households in Downtown Asheville, Asheville, NC are renter-occupied while 354 or 37% are owner-occupied.

Most affordable neighborhoods in Downtown Asheville?

Haw Creek $1,565/month

Hawthorne at Southside $1,579/month

Skyland Springs $1,597/month

All of these neighborhoods fall below the city wide average of $1,689/month.

Most expensive neighborhoods in Downtown Asheville?

East End - Valley Street $1,811/month

Brooks Estates $1,885/month

Malvern Hills $1,889/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Asheville, NC By Neighborhood

Neighborhood	Average Rent
Malvern Hills	$1,889
Brooks Estates	$1,885
East End - Valley Street	$1,811
Downtown Asheville	$1,731
Redwood Forest	$1,695
Skyland Springs	$1,597
Hawthorne at Southside	$1,579
Haw Creek	$1,565

Asheville | Rent Comparison by Neighborhood

Rent in Downtown Asheville is 8% lower than in Brooks Estates

$1,731

Downtown Asheville rent is the same as Asheville average

Average Rent $1,731

$1,885

Brooks Estates rent is 9% higher than Asheville average

Average Rent $1,885

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.