Rental market snapshot for Asheville, North Carolina

Asheville, North Carolina Rental Property Market Overview

The average rent for an apartment in Asheville is $1,962. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 3.0% over the past year.

Asheville is a city located in the Blue Ridge Mountains of North Carolina. It is the largest city in Western North Carolina and the 12th-most populous city in the U.S. state of North Carolina. The city's population was 87,236 according to the 2016 estimate. It is the principal city in the four-county Asheville metropolitan area, with a population of 424,858 in 2010. Asheville is home to the United States National Climatic Data Center, the world's largest active archive of weather data. Asheville has a subtropical highland climate, with four distinct seasons. Spring and fall temperatures are usually mild, while winters are cool to cold. Summers are warm to hot, although nighttime temperatures are cooler due to the city's elevation. Asheville's average annual precipitation is 50.6 inches, which is evenly distributed throughout the year.

Last Updated December 23, 2022

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Average monthly rent graph in Asheville North Carolina | Cost of Living

  • The most expensive ZIP Code in Asheville is 28805 with an average price of $1,800
  • The cheapest ZIP Code in Asheville is 28804 with an average price of $1,395

Asheville ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
128805$1,800
228803$1,704
328806$1,690

Live near Asheville, North Carolina's Top Sights and Attractions

Tanbark Ridge Overlook is a scenic overlook located just outside of Asheville, North Carolina. The overlook provides stunning views of the city and the surrounding mountains. Visitors can also enjoy a picnic lunch or hike along the nearby trails.

Lake Julian Park is a beautiful park located in Asheville, North Carolina. The park features a large lake, walking trails, a playground, and a picnic area. The park is a great place to relax and enjoy the outdoors.

Roger Farmer Memorial Park is a beautiful park located in the heart of Asheville. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

Azalea Park is a beautiful park located in the heart of Asheville. The park is home to a variety of flowers and plants, as well as a playground and picnic area. Visitors can also enjoy a scenic view of the city from the park.

The Biltmore Estate is a large private estate and tourist attraction near Asheville, North Carolina. Owned by George Vanderbilt, it is the largest privately owned house in the United States, at 175,000 square feet of living area and featuring 250 rooms.

Pritchard Park is a four-acre park located in the heart of downtown Asheville. The park features a large open lawn, a playground, a basketball court, a picnic shelter, and a public art installation. The park is also home to the Asheville Farmer's Market, which takes place every Saturday from April through November.

The Asheville Radio Museum is a museum dedicated to the history of radio and its impact on society. The museum features exhibits on the history of radio, the science of radio, and the impact of radio on society. The museum also features a collection of vintage radios and other radio-related artifacts.

Pack Square Park is a 2.6-acre park located in the center of Asheville, North Carolina. The park is home to a number of sculptures and monuments, as well as a fountain and a number of trees. The park is also a popular gathering place for events and concerts.

Asheville, North Carolina area median rent change by ZIP Code map

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How does Asheville compare to other cities in North Carolina ?

citymedian price
Lillington$1,999
Lillington$1,949
Carrboro$1,496
Whitsett$1,849
Winston-salem$1,580
Dallas$1,790
Marvin$1,940
Willow Spring$1,695
Whitsett$1,779
Haw River$1,795

Average household income in Asheville area graph - US Census

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The median household income in Asheville in 2021 was $53,621. This represents a 31.2% change from 2011 when the median was $40,863.

#categorypercent
0Less than $10,0005.8%
1$10,000 to $14,9995.3%
2$15,000 to $19,9995.8%
3$20,000 to $24,9995.9%
4$25,000 to $29,9995.2%
5$30,000 to $34,9996.2%
6$35,000 to $39,9994.8%
7$40,000 to $44,9993.9%
8$45,000 to $49,9994.2%
9$50,000 to $59,9997.7%
10$60,000 to $74,99911.0%
11$75,000 to $99,99911.1%
12$100,000 to $124,9996.9%
13$125,000 to $149,9994.3%
14$150,000 to $199,9995.3%
15$200,000 or more6.5%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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