Universal at Lakewood
25 Universal Ln,
Hendersonville, NC 28792
1-3 Beds | $1,269 - $2,079
Rental Market Trends in Hendersonville, NC
What is the average rent in Hendersonville, NC?
$1,372/month
Average Rent
754 Sq Ft
Average Apartment Size
+2.3%
Increase in the Last Year
As of April 2025, the average rent in Hendersonville, NC is $1,372 per month. This is 15% lower than the national average rent of $1,623/month, making renting in Hendersonville more affordable than most cities in the US. When you rent an apartment in Hendersonville, you can expect to pay about $1,350 per month for a studio, $1,372 for a one-bedroom apartment, and around $1,509 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,782 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 Hendersonville, NC?
In the past year, rent has increased by 2.3%, which averages out to $31 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Hendersonville, NC
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
29%
$700 - $1,000/month
14%
$1,001 - $1,500/month
43%
$1,501 - $2,000/month
7%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Hendersonville?
Based on current rent prices, South End, North Carolina West/Cherokee Area and Downtown Hendersonville are the most affordable neighborhoods in Hendersonville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hendersonville?
Based on current rent prices, Barker Heights, Downtown Hendersonville and North Carolina West/Cherokee Area are the most expensive neighborhoods in Hendersonville.
Neighborhood
Average Rent
Average Sq Ft
Which Hendersonville neighborhoods have the most rentals available?
The neighborhoods in Hendersonville with the most apartments available are North Carolina West/Cherokee Area, Downtown Hendersonville and South End .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hendersonville, NC?
Because the average rent in Hendersonville is $1,372, you’ll want to make about $4,573 per month or $54,876 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 Hendersonville, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Hendersonville, 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
$1,030/month
$761/month
Two Bedroom
$1,414/month
$635/month
Three Bedroom
$1,658/month
-
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.