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 15% over the last month and have decreased by 31% 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 $1,537, whereas a house costs $2,400. 1-bedroom apartments in Mills River run $1,300 on average, while 2-bedroom apartments are $1,700.


Studio	$1,072	No Change	-
1 bedroom	$1,300	No Change	15%
2 bedroom	$1,600	No Change	13%
3 bedroom	$2,450	11%	6%
4 bedroom	$3,395	95%	36%

		Listings
High Vista	$1,587


Apartments	$1,537	No Change	No Change
Condos	$1,772	12%	No Change
Houses	$2,400	10%	No Change

Studio

Average rent

$1,072

1 bedroom

Average rent

$1,300

Last year

15%

2 bedroom

Average rent

$1,600

Last year

13%

3 bedroom

Average rent

$2,450

Last 30 days

11%

Last year

4 bedroom

Average rent

$3,395

Last 30 days

95%

Last year

36%

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$1,650

14%

lower than the national median

Median rent price$2,500

30%

higher than the national median

Takeaway

The median rent for all rentals in Mills River, NC is 34% lower than the median rent in Banner Elk, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,500

$1,650

$1,050

$2,900

$1,855

$1,200

$1,565

$1,500

$1,195

$1,495

$1,150

$1,695

Discover rentals in Mills River, NC

5d+ ago

House for rent in Mills River

Single family house for rent 3bd/3bth

179 Kingfisher Ln, Mills River, NC 28759

3 beds

3 baths

$2,300

House for rent

Available Aug 15

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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 $1,650 per month as of August 15, 2026.

Is rent up or down in Mills River?

Average rent prices in Mills River have increased by 15% over the last month and have decreased by 31% since last year.

How does Mills River rent compare to the national average?

Rent in Mills River is 14% below the national average, which means renters are paying approximately $275 less 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 $66,000/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).