Updated 2 Days Ago
Highlights
Pet Friendly
Location
55 S Market St #404, Asheville, NC 28801, USA|Downtown Asheville
Tour 55 S Market St #404
Contact
Patton Allen Property Management
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Property Overview
55 S Market St #404 offers a central Asheville address with convenient access to local dining, shopping, and downtown amenities, along with features that support an easy, low-maintenance lifestyle. It may appeal to buyers looking for a walkable setting, practical day-to-day convenience, and a home with appealing characteristics in a well-located area.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Covered parking
- Elevator
Great for
Work-from-home
Pet owners
Eco living
Amenities for 55 S Market St #404, Downtown Asheville
Features
| Air Conditioning | Carpet |
| Fireplace | Forced Air |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
Services
| Garbage | On-Site Management |
| Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 55 S Market St #404
Spacious 2 bedroom, 2.5 bathroom condo located in downtown Asheville. This is one of the largest units in the building and offers generously sized bedrooms, walk in closets, and a comfortable layout with plenty of room to spread out. The kitchen includes a refrigerator, dishwasher, electric range, microwave, and garbage disposal. The home also features a half bathroom for guests, no carpet throughout, and a decorative fireplace that adds character to the living space. With downtown Asheville right outside your door, dining, shopping, entertainment, and local attractions are all close by. Schedule a showing or apply on our website, www(dot)PattonAllenPM(dot)com Monthly rent: $3,195.00 Security deposit due upon approval: $3,195.00 Lease term: 12 months Pet policy: Up to 2 small dogs, indoor cats, caged pets, or aquariums considered with additional pet fee and monthly pet rent. Pit bulls are not permitted. Cosigners allowed: No Included utilities: Trash, lawncare, and landscaping Tenant Responsible for: Electricity: Duke Water and sewer: Tessier Internet: AT&T (optional) Amenities: Laundry: Washer and dryer included and maintained by owner AC: Central AC Heat: Electric heat pump Parking: One space in the building garage, first come first serve HOA guidelines must be followed. Patton Allen Property Management residents are enrolled in the Resident Benefits Package (RBP) starting at $11.95/month which provides liability insurance. This fee is waived if the tenant provides evidence of their own sufficient coverage. Tenants also have the opportunity to upgrade their package to include: credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), our best-in-class resident rewards program, on-demand pest control, and much more! More details upon request or upon application. Amenities: central ac, alarm system
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 55 South Market Street, Asheville, NC 28801, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 420 sqft larger than other listings nearby
- Covered parking
- Garage, covered, or indoor parking is available at this address
- Elevator
- Improved accessibility features
- Extra Storage
- In-unit features
- Fireplace
- In-unit features available
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Package service
- More secure storage for delivery
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Priced higher than average
- Some 2-bedrooms here are $895 more than the median rent in this area
- Distance from transit
- More than 2.2 miles from public transportation
- Greater distance from grade schools
- The nearest elementary school is farther than 0.8 miles away
- Distance from grocery stores
- The nearest grocery store is 4.4 miles away
Address details
| Neighborhood | Downtown Asheville |
|---|---|
| Zip code | 28801 |
| Type | Condo for rent |
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Rent trends in Downtown Asheville
2-bedroom apartments at 55 S Market St #404 cost about 7% more than the average rent price for 2-bedroom apartments in Asheville.
Median rents as of Nov 7 2026.
Downtown Asheville
Asheville
| Month | Median Rent |
|---|---|
| November 2024 | $1,824 |
| December 2024 | $1,763 |
| January 2025 | $1,741 |
| February 2025 | $1,723 |
| March 2025 | $1,772 |
| April 2025 | $1,775 |
| May 2025 | $1,761 |
| June 2025 | $1,745 |
| July 2025 | $1,731 |
| August 2025 | $1,705 |
| September 2025 | $1,737 |
| October 2025 | $1,742 |
| November 2025 | $1,740 |
| December 2025 | $1,735 |
| January 2026 | $1,745 |
| February 2026 | $1,716 |
| March 2026 | $1,717 |
| April 2026 | $1,709 |
| May 2026 | $1,699 |
| June 2026 | $1,707 |
| July 2026 | $1,743 |
| August 2026 | $1,734 |
| September 2026 | $1,713 |
| October 2026 | $1,705 |
| November 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| November 2024 | $4,150 |
| December 2024 | $3,087 |
| January 2025 | $3,206 |
| March 2025 | $2,575 |
| April 2025 | $2,468 |
| May 2025 | $3,050 |
| June 2025 | $3,576 |
| July 2025 | $3,740 |
| August 2025 | $3,740 |
| September 2025 | $3,621 |
| October 2025 | $3,621 |
| November 2025 | $3,479 |
| December 2025 | $3,196 |
| January 2026 | $3,457 |
| February 2026 | $3,005 |
| March 2026 | $2,625 |
| April 2026 | $2,499 |
| May 2026 | $2,496 |
| June 2026 | $2,348 |
| July 2026 | $2,212 |
| August 2026 | $2,401 |
| September 2026 | $2,353 |
| October 2026 | $2,590 |
| November 2026 | $2,998 |
Affordability calculator
Can I afford to live at 55 S Market St #404?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$127,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $127,800 annually to afford this 2-bedrooms monthly rent price of $3,195.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 Bed, 1 Bath | 6 months ago | $1,950 | 1 bed | 1 bath | |
| 8 months ago | $1,950 | 1 bed | 1 bath | ||
| 2 Beds, 2 Baths | 9 months ago | $2,950 | 2 bed | 2 bath | |
| 10 months ago | $1,995 | 2 bed | 2 bath | ||
| 1 Bed, 1 Bath | 1 year ago | $1,850 | 1 bed | 1 bath | |
| 1 Bed, 1 Bath | 1 year ago | $1,950 | 1 bed | 1 bath | |
| 1 year ago | $2,200 | 1 bed | 1 bath | ||
| 2 years ago | $2,250 | 2 bed | 2 bath | ||
| 2 years ago | $3,000 | 2 bed | 2 bath |
Schools near 55 S Market St #404
Asheville High School
419 mcdowell st
asheville, NC, 28803
PK, 9-12Public
A-
Getting around Asheville near 55 S Market St #404
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 55 S Market St #404, Asheville
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
7/10
Several bars within a few minutes’ walk
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55 South Market Street, Asheville, NC
55 South Market Street Asheville, NC
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