Average Rent in Downtown Asheville, Asheville, NC and Rent Price Trends

Rent trends in Downtown Asheville, Asheville, NC

Average rent prices in Downtown Asheville have decreased by 5% over the last month and have decreased by 12% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Downtown Asheville, Asheville, NC

Rent prices in Downtown Asheville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Asheville is $1,776, whereas a house costs $2,022. 1-bedroom apartments in Downtown Asheville run $1,421 on average, while 2-bedroom apartments are $2,425.


Studio	$1,200	No Change	15%
1 bedroom	$1,453	6%	28%
2 bedroom	$2,100	22%	33%
3 bedroom	$2,400	1%	31%
4 bedroom	$4,250	-	-

		Listings
East End Valley Street	$1,750
Five Points	$1,800
Grove Park Sunset	$1,650
Historic Montford	$1,800
Jackson Park	$1,750
Kenilworth	$1,675


Apartments	$1,776	6%	No Change
Condos	$2,100	49%	No Change
Houses	$2,022	18%	No Change

Studio

Average rent

$1,200

Last year

15%

1 bedroom

Average rent

$1,453

Last 30 days

Last year

28%

2 bedroom

Average rent

$2,100

Last 30 days

22%

Last year

33%

3 bedroom

Average rent

$2,400

Last 30 days

Last year

31%

4 bedroom

Average rent

$4,250

The table above reflects average rent prices in Downtown Asheville, Asheville, NC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Downtown Asheville, Asheville, NC compare to other neighborhoods?

Compare median rent prices in Downtown Asheville and East End Valley Street by all bedroom counts and property types.

Downtown Asheville

Median rent price$2,362

24%

higher than the national median

Median rent price$1,750

lower than the national median

Takeaway

The median rent for all rentals in Downtown Asheville, Asheville, NC is 35% higher than the median rent in East End Valley Street, Asheville, NC.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

East End Valley Street

$1,750

$1,800

$1,650

$1,800

$1,750

$1,675

Discover rentals in Downtown Asheville, Asheville, NC

5d+ ago

Downtown Asheville house for rent in Asheville

Avail Nov | Twin BEDROOM in SHARED House | One-Tenant | Year-Lease | FURNISHED Keyed Private Room

16 Ravenscroft Dr, Asheville, NC 28801

1 bed

1 bath

$700

5d+ ago

Downtown Asheville house for rent in Asheville

Avail Nov | Middle BEDROOM in SHARED House | One-Tenant | Year-Lease | FURNISHED Keyed Private Room

28 Ravenscroft Dr, Asheville, NC 28801

1 bed

1 bath

$775

76 North Lexington Avenue - Photo 1 of 1

5d+ ago

Very good

76 North Lexington Avenue

76 N Lexington Ave, Asheville, NC 28801

2 beds

2 baths

$1,950

2d ago

8.3

Very good

Dillard Building

29 Page Ave, Asheville, NC 28801

2 beds

1–2 baths

$2,300–$2,450

New construction

5d+ ago

Downtown Asheville house for rent in Asheville

West AVL Cottage 105

105 Langren Aly, Asheville, NC 28801

3 beds

2.5 baths

$2,300

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Downtown Asheville, Asheville, NC

Quick answers to common questions about the Downtown Asheville rental market.

How much is rent in Downtown Asheville?

The average rent in Downtown Asheville is $2,362 per month as of September 12, 2026.

Is rent up or down in Downtown Asheville?

Average rent prices in Downtown Asheville have decreased by 5% over the last month and have decreased by 12% since last year.

How does Downtown Asheville rent compare to the national average?

Rent in Downtown Asheville is 24% above the national average, which means renters are paying approximately $462 more per month.

What salary do I need to afford rent in Downtown Asheville?

To comfortably afford rent in Downtown Asheville, you'd need to earn approximately $95,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).