Average Rent in Mills River, NC and Rent Price Trends

Rent trends in Mills River, NC

Average rent prices in Mills River have increased by 9% 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
Mills River, NC

Rent prices in Mills River vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mills River is $1,710, whereas a house costs $2,300. 1-bedroom apartments in Mills River run $1,050 on average, while 2-bedroom apartments are $1,900.


Studio	$895	No Change	-
1 bedroom	$1,100	No Change	4%
2 bedroom	$1,597	5%	10%
3 bedroom	$2,550	24%	24%
4 bedroom	$4,751	No Change	30%

		Listings
High Vista	$1,523


Apartments	$1,710	No Change	No Change
Condos	$1,650	12%	No Change
Houses	$2,300	21%	No Change

Studio

Average rent

$895

1 bedroom

Average rent

$1,100

Last year

2 bedroom

Average rent

$1,597

Last 30 days

Last year

10%

3 bedroom

Average rent

$2,550

Last 30 days

24%

Last year

24%

4 bedroom

Average rent

$4,751

Last year

30%

The table above reflects average rent prices in Mills River, 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 Mills River, NC compare to other cities?

Compare median rent prices in Mills River and Banner Elk by all bedroom counts and property types.

Mills River

Median rent price$2,020

higher than the national median

Median rent price$2,000

higher than the national median

Takeaway

The median rent for all rentals in Mills River, NC is 1% higher than the median rent in Banner Elk, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,000

$1,550

$1,550

$2,600

$1,450

$1,295

$1,597

$900

$1,115

$1,450

$1,400

$1,650

Discover rentals in Mills River, NC

120 Mount Gilead Church Rd - Photo 1 of 1

3d ago

House for rent in Mills River

Beautiful Updated home, pet friendly and super clean!

120 Mount Gilead Church Rd, Mills River, NC 28759

3 beds

2 baths

$2,600

5d+ ago

House for rent in Mills River

119 W Chippendale Dr, Mills River, NC 28759

3 beds

2.5 baths

$2,850

137 Wildwood Forest Ln #1 - Photo 1 of 1

5d+ ago

House for rent in Mills River

Wildwood Forest - 1

137 Wildwood Forest Ln #1, Mills River, NC 28759

5 beds

3.5 baths

$2,900

Stay up to date with rental market insights

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Frequently asked questions for Mills River, NC

Quick answers to common questions about the Mills River rental market.

How much is rent in Mills River?

The average rent in Mills River is $2,020 per month as of October 3, 2026.

Is rent up or down in Mills River?

Average rent prices in Mills River have increased by 9% over the last month and have decreased by 12% since last year.

How does Mills River rent compare to the national average?

Rent in Mills River is 6% above the national average, which means renters are paying approximately $120 more per month.

What salary do I need to afford rent in Mills River?

To comfortably afford rent in Mills River, you'd need to earn approximately $81,000/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).