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Rental market trends in Asheville, NC
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Average Apartment Cost in Asheville, NC
The average rent for apartments in Asheville, NC, is between $1,450 and $1,940 in 2024. For a studio apartment in Asheville, NC, the average rent is $1,450. When it comes to 1-bedroom apartments, the average rent in Asheville, NC, is $1,624. For a 2-bedroom apartment, the average rent is $1,940.
Apartment Rent Ranges in Asheville, NC
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 2% | 14% | 32% | 52% |
Neighborhood Apartment Rent Trends in Asheville, NC
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| East End - Valley Street | $1,520 | -- |
| Downtown Asheville | $1,355 | -- |
| Montford Area Historic District | $1,200 | -- |
How Other Cities Compare to Asheville, NC
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Morganton | $2,284 | +56% |
| Weaverville | $1,631 | +21% |
| Arden | $1,590 | +7% |
| Travelers Rest | $1,588 | +13% |
| Candler | $1,510 | +1% |
| Fletcher | $1,465 | 0% |
| Greer | $1,266 | +3% |
| Waynesville | $1,186 | -- |
| Taylors | $1,139 | +8% |
| Hendersonville | $985 | -24% |
| Black Mountain | $895 | -- |
| Forest City | $825 | +38% |
| Marion | $622 | -- |
| Cullowhee | $512 | -32% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Jonesborough | $2,850 | +10% |
| Weaverville | $2,057 | -- |
| Travelers Rest | $1,927 | +61% |
| Arden | $1,738 | +5% |
| Candler | $1,645 | -5% |
| Fletcher | $1,620 | -4% |
| Greer | $1,471 | -1% |
| Waynesville | $1,464 | +5% |
| Brevard | $1,300 | -- |
| Black Mountain | $1,295 | -- |
| Taylors | $1,226 | +53% |
| Hendersonville | $1,130 | -24% |
| Forest City | $895 | +17% |
| Cullowhee | $735 | -5% |
| Marion | $633 | -- |
Asheville, NC Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 |
| $1359 | $1371 | $1371 | $1389 | $1371 | $1371 | $1433 | $1433 | $1394 | $1433 | $1442 | $1450 | $1520 |
| $1497 | $1524 | $1581 | $1679 | $1570 | $1487 | $1497 | $1487 | $1499 | $1503 | $1492 | $1630 | $1667 |
| $1885 | $1935 | $1897 | $1930 | $1925 | $1895 | $1917 | $1915 | $1915 | $1914 | $1880 | $1940 | $1947 |
| $1972 | $1972 | $2094 | $2115 | $2063 | $2047 | $2068 | $2077 | $2007 | $2007 | $2100 | $2193 | $2147 |
