Asheville, North Carolina is a popular rental market due to its low cost of living, vibrant culture, and strong job market. The city is known for its vibrant arts scene, outdoor recreation, and stunning mountain views. With a population of over 89,000, Asheville is the largest city in western North Carolina.
The average price of a one-bedroom apartment in Asheville is $1,158 per month. Two-bedroom apartments average $1,358 per month, while three-bedroom apartments average $1,567 per month. The average rent for a house is $1,459 per month.
Asheville offers a variety of neighborhoods to choose from, ranging from downtown and midtown to nearby suburbs. The most desirable neighborhoods in Asheville include the Montford Historic District, the Biltmore Village, West Asheville, and the Grove Park neighborhood. Each of these neighborhoods has its own unique character, with unique amenities such as parks, shops, and restaurants.
Asheville is home to several excellent schools. The Asheville City Schools are the largest public school system in the city and serve over 13,000 students from pre-K through 12th grade.
The average rental price of an apartment, townhouse, condo, loft, and single family home in Asheville, NC is approximately $1,200. Apartments typically range from $600-$1,400, townhouses from $800-$1,600, condos from $900-$1,700, lofts from $900-$1,500, and single family homes from $1,000-$2,000.
Rental prices in Asheville, NC have steadily increased over the past 5 years. In 2015, the average rent for a one bedroom apartment in Asheville was $776 and the average rent for a two bedroom apartment was $949. By 2020, the average rent for a one bedroom apartment had risen to $1,077 and the average rent for a two bedroom apartment had risen to $1,211. This represents an increase of 38.9% and 28.1%, respectively.
The median rental prices for apartments in Asheville, NC are as follows:
1-Bedroom: $1,095
2-Bedroom: $1,275
3-Bedroom: $1,440
Asheville, NC is part of the Buncombe County Public School System, which is larger than the national average with a total of 34,500 students enrolled in 56 schools. The district has a higher graduation rate than the national average, with 88.1% of students graduating in the 2017-2018 school year. The district also has a higher average SAT score than the national average, with an average score of 1221 for the 2017-2018 school year. Additionally, the district has a higher average teacher salary than the national average, with an average salary of $50,400 for the 2017-2018 school year. Finally, the district has a higher per-pupil spending rate than the national average, with an average spending rate of $10,868 per student in the 2017-2018 school year.
1. Downtown Asheville
2. Biltmore Village
3. West Asheville
4. Montford
5. Kenilworth
1. Biltmore Forest
2. Biltmore Park
3. Oakley
4. Beaver Lake
5. Kenilworth