Average Rent in Malvern Hills, Asheville, NC and Rent Price Trends

Rent trends in Malvern Hills, Asheville, NC

Average rent prices in Malvern Hills have increased by 88% over the last month and have increased by 46% 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
Malvern Hills, Asheville, NC

Rent prices in Malvern Hills vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Malvern Hills is $1,699, whereas a house costs $2,295. 1-bedroom apartments in Malvern Hills run $1,479 on average, while 2-bedroom apartments are $1,749.


Studio	$995	No Change	13%
1 bedroom	$1,485	No Change	-
2 bedroom	$1,750	-	-
3 bedroom	$2,250	2%	-
4 bedroom	$2,850	1%	-

		Listings
Blake Mountain Estates Oak Park	$1,882
Gingercake Acres	$1,595
Huston Courtland	$1,783
Lucerne Park	$1,838
Norwood Park	$1,850
Racquet Club Village	$1,678


Apartments	$1,699	No Change	No Change
Condos	$1,950	-	-
Houses	$2,295	2%	No Change

Studio

Average rent

$995

Last 30 days

No Change

Last year

13%

1 bedroom

Average rent

$1,485

2 bedroom

Average rent

$1,750

3 bedroom

Average rent

$2,250

Last 30 days

4 bedroom

Average rent

$2,850

Last 30 days

The table above reflects average rent prices in Malvern Hills, 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 Malvern Hills, Asheville, NC compare to other neighborhoods?

Compare median rent prices in Malvern Hills and Blake Mountain Estates Oak Park by all bedroom counts and property types.

Malvern Hills

Median rent price$1,830

lower than the national median

Median rent price$1,882

lower than the national median

Takeaway

The median rent for all rentals in Malvern Hills, Asheville, NC is 3% lower than the median rent in Blake Mountain Estates Oak Park, Asheville, NC.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

Blake Mountain Estates Oak Park

$1,882

$1,783

$1,838

$1,850

$1,678

$1,595

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Frequently asked questions for Malvern Hills, Asheville, NC

Quick answers to common questions about the Malvern Hills rental market.

How much is rent in Malvern Hills?

The average rent in Malvern Hills is $1,830 per month as of July 25, 2026.

Is rent up or down in Malvern Hills?

Average rent prices in Malvern Hills have increased by 88% over the last month and have increased by 46% since last year.

How does Malvern Hills rent compare to the national average?

Rent in Malvern Hills is 5% below the national average, which means renters are paying approximately $100 less per month.

What salary do I need to afford rent in Malvern Hills?

To comfortably afford rent in Malvern Hills, you'd need to earn approximately $73,000/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).