Average Rent in Asheville, NC (2026)

Typical asking rent in Asheville is $1,654. Across the 5 ZIP codes with data it runs from $1,583 to $1,778, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$1,654
Average rent
$1,667
Lowest ZIP
$1,583
Highest ZIP
$1,778

Rent by ZIP code in Asheville

ZIP codeCountyTypical rentvs city median
28806Buncombe County$1,778+7%
28801Buncombe County$1,688+2%
28804Buncombe County$1,6540%
28803Buncombe County$1,634-1%
28805Buncombe County$1,583-4%

Rent by bedroom count in Asheville

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Buncombe County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,482+3.2%
1 bedroom$1,714+2.4%
2 bedroom$1,866+1.7%
3 bedroom$2,223-0.4%
4 bedroom$3,109+1.0%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Asheville?

Typical rent across Buncombe County is $1,689 as of August 2026. That is about level with a year earlier and up 18.3% over five years.

YearTypical rent, Buncombe CountyChange
2021$1,517+19.4%
2022$1,652+8.9%
2023$1,685+2.0%
2024$1,723+2.2%
2025$1,690-1.9%
2026 (through August)$1,689-0.0%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Asheville rent questions

What is the average rent in Asheville, NC?
Typical asking rent in Asheville is $1,654 a month as of July 2026, across 5 ZIP codes. By ZIP code it runs from $1,583 to $1,778.
How much is rent for a 2 bedroom in Asheville?
HUD's FY2027 Fair Market Rent for a two bedroom in Buncombe County is $1,866 a month including utilities. A one bedroom is $1,714 and a three bedroom is $2,223. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Asheville?
Rent is flat. Typical rent in Buncombe County is $1,689 as of August 2026, within half a percent of a year earlier.
What is the cheapest ZIP code to rent in Asheville?
ZIP 28805 has the lowest typical asking rent in Asheville at $1,583 a month, compared with $1,654 for the city overall.
How much income do you need to rent in Asheville?
Most landlords look for gross income of about three times the rent. At the typical Asheville rent of $1,654, that is about $4,962 a month, or $59,544 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Asheville sits in the Asheville, NC metro area.

Other North Carolina cities

Would a rental in Asheville cash flow?

Start the analyzer with the Asheville median rent of $1,654 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.