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Skyloft Apts Special Offer: Move into a Studio, One or Two-bedroom by August 15, 2026 and receive $750 OFF RENT! Schedule your tour today or call for more details. Restrictions apply.

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Updated 2 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

500 S Skyloft Dr, Asheville, NC 28801, USA|East End - Valley Street
Hi! Let’s figure out if this property is right for you.

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Tour River Mill Lofts & Skyloft Apts

Contact

Management

Capital Square Living LLC

Our team has verified this company

Leasing office

(828) 316-6008

Open 

8:30 am–5:30 pm ET

Property Overview

River Mill Lofts & Skyloft Apts stands out with a near-perfect Zumper rating, including top marks for price, amenities, location, and quality, along with strong trustworthiness. It also offers strong value, abundant photos, and convenient access to dining, parks, groceries, pet services, fitness amenities, and shared spaces like lounges, rooftops, and a pool or spa.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, River Mill Lofts & Skyloft Apts is one of the top properties in East End - Valley Street. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • More space
  • Less expensive
  • Elevator

Great for

  • Wellness
  • Pet owners
  • Social life

Floor plans

Mountaineer - SkyloftStudio1 bath767 sqft$1,372–$2,266 /mo4 units available
French Broad - RML1 bed1 bath1,011+ sqft$1,512–$2,036 /mo8 units available
Chatooga - RML2 bed2 bath1,016 sqft$1,499–$1,831 /mo20 units available
Swannanoa - RML2 bed2 bath1,116 sqft$1,574–$1,967 /mo20 units available
Pisgah - Skyloft2 bed1 bath1,069 sqft$1,711–$2,358 /mo1 unit available
Beaucatcher - Skyloft2 bed1 bath1,031 sqft$1,711–$2,209 /mo1 unit available
Mitchell - Skyloft2 bed2 bath1,235 sqft$1,911–$2,463 /mo1 unit available
Biltmore - RML3 bed2.5 bath1,714 sqft$2,402–$2,804 /mo7 units available
Waterfall - Skyloft1 bed1 bath785 sqftAsk to join waitlistComing soon

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Amenities for River Mill Lofts & Skyloft Apts

Apartment Amenities

BalconyElevator Access
Quartz CountersSpacious Closet
Subway Tile Backsplashes

Appliances

Stainless Steel Appliances

Building

Cats OKDogs OK
ElevatorFitness Center
Residents LoungeTV Lounge

Grounds

Bocce Ball CourtSwimming Pool

Services

On-Site Maintenance

Neighborhood

Bark Park

Other

Flexible Rent Payment
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

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$450

Cat Rent

Monthly. Refund Policy: Non-refundable.

$20

Dog

Dog Fee

One-time. 2 dogs max. Refund Policy: Non-refundable.

$450

Dog Rent

Monthly. Refund Policy: Non-refundable.

$20

Questions about this property’s policies and fees?

Building details

Property details

Units305
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About River Mill Lofts & Skyloft Apts

Managed by Capital Square Living LLC
Capital Square Living LLC 1 of 4Capital Square Living LLC 2 of 4Capital Square Living LLC 3 of 4Capital Square Living LLC 4 of 4
HomeApartments in AshevilleEast End - Valley Street River Mill Lofts & Skyloft Apts

Welcome to River Mill Lofts and Skyloft Apartments, your dream communities where comfort, leisure, and entertainment are designed with your lifestyle in mind. With two locations that are 2.5 miles apartment, and shared amenities, our apartments in Asheville, NC, have everything you need to feel right at home. Located near Henderson Road and Thompson St, our apartments in Asheville are a stone’s throw away from the top dining, shopping, and entertainment venues that Asheville has to offer, including Western North Carolina Nature Center, Biltmore Village Shopping Center, and Asheville Mall. Commuting to work won’t be a problem since we’re located next to several prominent employers, such as Mission Hospital, Asheville-Buncombe Technical Community College, and UNC Asheville. If the outdoors is more your thing, head on over to French Broad River Park to catch some fresh air and connect with nature.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, River Mill Lofts & Skyloft Apts is one of the top properties in East End - Valley Street. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated River Mill Lofts & Skyloft Apts
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
River Mill Lofts & Skyloft Apts offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
River Mill Lofts & Skyloft Apts stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
River Mill Lofts & Skyloft Apts offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
River Mill Lofts & Skyloft Apts has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at River Mill Lofts & Skyloft Apts.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
River Mill Lofts & Skyloft Apts has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Reviews from the web

Showing 8 highest rated

Lovely apartment homes right on the backside of downtown!

Jessica

Jessica

Jan 18, 2024

A friend and I rented a 2 bed / 2 bath unit for roughly 18 months. The apartment was very spacious, the appliances were new, and the materials and overall condition was very good. The views from our deck (top floor) were fantastic, and we frequently watched the sunset over the blue ridge mountains. We only had a few minor maintenance issues, but they were extremely quick to respond and fix them, mostly during the same day. The clubhouse and pool is only a short drive away, and there were frequent gatherings with live music, food, and beer provided! The only negative is that there is no elevator, so moving in/out of the top floor can be cumbersome. Overall, the experience was great, and I would recommend living at Skylofts to anyone who wants a great unit in the heart of Asheville.

Kiran Steele

Kiran Steele

Feb 23, 2021

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

River Mill Lofts & Skyloft Apts is great for:

Wellness

  • On-site fitness center or gym
  • On-site pool or spa
  • This property has patios or balconies for fresh air
  • There are 19 grocery stores within 1 mile

Pet owners

  • Outdoor spaces are available at this property
  • 7 pet supply stores near the property
  • 3 pet hospitals in the area

Social life

  • 231 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Area has 38 parks and recreation options
  • Community gathering spaces on-site (lounges, rooftops, etc.)

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 River Mill Lofts & Skyloft Apts compares to other nearby properties.

Positives

More space
The 3-bedroom is 174 sqft larger than other listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 1-bedroom is 138 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in East End - Valley Street

If you decide to upgrade your space, you can expect 2-bedrooms at River Mill Lofts & Skyloft Apts to be 7% less than the average for similarly sized apartments in East End - Valley Street.

3-bedroom apartments at River Mill Lofts & Skyloft Apts cost about 29% more than the average rent price for 3-bedroom apartments in East End - Valley Street.

Median rents as of Jul 25 2026.
East End - Valley Street
Asheville
A table of 2-bedroom apartment rental data trends in Asheville
MonthMedian Rent
August 2024$1,735
September 2024$1,735
October 2024$1,793
November 2024$1,845
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
A table of 2-bedroom apartment rental data trends in East End - Valley Street
MonthMedian Rent
September 2024$1,850
October 2024$1,850
January 2025$1,600
February 2025$1,644
March 2025$1,592
April 2025$1,587
May 2025$1,852
June 2025$1,746
July 2025$1,624
August 2025$1,606
September 2025$1,634
October 2025$1,725
November 2025$1,902
December 2025$1,754
June 2026$1,731
July 2026$1,774

Affordability calculator

Can I afford to live at 500 S Skyloft Dr?

Bedrooms

Rent-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

$54,880/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,880 annually to afford this studio monthly rent price of $1,372.
For more information on rent affordability, visit our rent calculator.

Schools near River Mill Lofts & Skyloft Apts

Asheville High School

419 mcdowell st

asheville, NC, 28803

PK, 9-12Public
A-
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Internet available near River Mill Lofts & Skyloft Apts

Neighborhood

East End - Valley Street | Asheville, NC

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Asheville near 500 S Skyloft Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 500 S Skyloft Dr, Asheville

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

3/10
At least one elementary school within a 30-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 500 S Skyloft Dr

French Broad Food Co-op
90 Biltmore Ave
Ingles Market
29 Tunnel Rd
Amazing Savings
45 S French Broad Ave
Whole Foods Market
70 Merrimon Ave
Trader Joe's
120 Merrimon Ave

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