Asheville, NC Rental Market Trends
What is the average rent in Asheville?
The average rent for an apartment in Asheville is $1,717. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Asheville, NC
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,717 | 984 sq. ft. |
What is the average apartment size in Asheville?
The average size for a Asheville, NC apartment is 984 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.
Asheville, NC apartment rent ranges
Asheville, NC Occupied Housing Units
19,118 or 50% of the households in Asheville, NC are renter-occupied while 19,111 or 50% are owner-occupied.
Asheville, NC rent trends
Average Rent in Asheville, NC By Neighborhood
| City | Average Rent |
|---|---|
| Downtown Asheville | $1,846 |
| Redwood Forest | $1,734 |
| Cloister | $1,592 |
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What are the most affordable neighborhoods in Asheville?
The most affordable neighborhoods in Asheville are Cloister, where the average rent goes for $1,592/month, Redwood Forest, where renters pay $1,734/mo on average, and Downtown Asheville, where the average rent goes for $1,846/mo.
Asheville | Rent Comparison by Neighborhood
Rent in Cloister is 14% lower than in Downtown Asheville
$1,592
Cloister rent is 7% lower than Asheville average
Average Rent
$1,592
$1,846
Downtown Asheville rent is 8% higher than Asheville average
Average Rent
$1,846
How Asheville Compares to Other Cities
| State | Average Rent |
|---|---|
| Raleigh | $1,609 |
| Holly Springs | $1,646 |
| Durham | $1,555 |
| Charlotte | $1,653 |
| Cary | $1,635 |
| Apex | $1,678 |
| Concord | $1,530 |
| Winston - Salem | $1,226 |
| Garner | $1,499 |
| Greensboro | $1,262 |
| Asheville | $1,717 |
Most Popular Apartments in Asheville
DNC Lead Attribution End To End
33 Coxe Ave, Asheville, NC 28801| 1 BED | $920+ |
| 2 BEDS | $895+ |
| 3 BEDS | $1,280+ |
The X Apartments
2111 Lakeshore Drive, Asheville, NC 23111| 1 BED | $955 |
| 2 BEDS | $1,010 |
| 3 BEDS | $1,103 |