The District
100 District Dr,
Asheville, NC 28803
Studio - 3 Beds | $1,470 - $3,405
Rental Market Trends in Asheville, NC
What is the average rent in Asheville, NC?
$1,507/month
Average Rent
784 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
As of February 2025, the average rent in Asheville, NC is $1,507 per month. For comparison, the national average rent price in the US is currently $1,555/month, which means Asheville rent prices are 3% lower than the national average. When you rent an apartment in Asheville, you can expect to pay about $1,238 per month for a studio, $1,507 for a one-bedroom apartment, and around $1,714 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,059 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Asheville, NC?
In the past year, rent has decreased by 0.3%, which averages out to $4 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Asheville, NC
Last Updated February 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
13%
$700 - $1,000/month
25%
$1,001 - $1,500/month
48%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Asheville?
Based on current rent prices, Five Points, Jackson Park and Hall Fletcher are the most affordable neighborhoods in Asheville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Asheville?
Based on current rent prices, South French Broad, River Arts District and West Asheville are the most expensive neighborhoods in Asheville.
Neighborhood
Average Rent
Average Sq Ft
Which Asheville neighborhoods have the most rentals available?
The neighborhoods in Asheville with the most apartments available are West Asheville, River Arts District and South French Broad .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Asheville, NC?
Because the average rent in Asheville is $1,507, you’ll want to make about $5,023 per month or $60,276 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Asheville, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Asheville, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,205/month
$1,449/month
Two Bedroom
$1,306/month
$1,995/month
Three Bedroom
$1,406/month
-
Nearby City Rent Trends
Apartment communities in Asheville we think you'll love
Property Management Companies in Asheville, NC
Pegasus Residential
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143
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35,392
Units
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80
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10 Communities in Asheville
Southwood Realty Company
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102
Communities
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24,627
Units
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58
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8 Communities in Asheville
Hawthorne Residential Partners
-
254
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61,750
Units
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116
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6 Communities in Asheville
Greystar
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3,243
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895,315
Units
-
829
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4 Communities in Asheville
Willow Bridge
-
682
Communities
-
185,848
Units
-
311
Cities
3 Communities in Asheville
ARI Apartment Management
-
37
Communities
-
12,186
Units
-
23
Cities
3 Communities in Asheville
NHE
-
26
Communities
-
6,257
Units
-
16
Cities
3 Communities in Asheville
URS Capital Partners
-
11
Communities
-
2,059
Units
-
10
Cities
3 Communities in Asheville
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.