Average Rent in Mills River, NC and Rent Price Trends

Rent trends in Mills River, NC

Average rent prices in Mills River have decreased by 17% over the last month and have decreased by 16% 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 $1,750, whereas a house costs $2,195. 1-bedroom apartments in Mills River run $1,295 on average, while 2-bedroom apartments are $1,750.


Studio	$2,000	No Change	-
1 bedroom	$1,295	No Change	12%
2 bedroom	$1,500	10%	-
3 bedroom	$2,595	15%	11%
4 bedroom	$3,600	95%	23%

		Listings
High Vista	$1,795


Apartments	$1,750	47%	No Change
Condos	$1,737	12%	No Change
Houses	$2,195	34%	4%

Studio

Average rent

$2,000

1 bedroom

Average rent

$1,295

Last year

12%

2 bedroom

Average rent

$1,500

Last 30 days

10%

3 bedroom

Average rent

$2,595

Last 30 days

15%

Last year

11%

4 bedroom

Average rent

$3,600

Last 30 days

95%

Last year

23%

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$2,100

higher than the national median

Median rent price$1,200

38%

lower than the national median

Takeaway

The median rent for all rentals in Mills River, NC is 75% higher than the median rent in Banner Elk, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,200

$1,995

$1,400

$3,000

$1,489

$1,250

$1,545

$1,850

$1,545

$1,440

$960

$1,376

Discover rentals in Mills River, NC

5d+ ago

House for rent in Mills River

21 Acony Bell Way, Mills River, NC 28759

Studio

0.5 baths

$725

House for rent

Available Mar 9

5d+ ago

Apartment for rent in Mills River

588 Ray Hill Rd #D, Mills River, NC 28759

2 beds

1.5 baths

$1,750

Apartment for rent

Available Apr 10

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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 $2,100 per month as of May 16, 2026.

Is rent up or down in Mills River?

Average rent prices in Mills River have decreased by 17% over the last month and have decreased by 16% since last year.

How does Mills River rent compare to the national average?

Rent in Mills River is 8% above the national average, which means renters are paying approximately $151 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 $84,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Mills River?

Mills River offers good options for pet owners, with 56% of available apartments welcoming pets. This pet-friendly percentage applies across the rental market, which averages about 9 listings per month.

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).