Best Affordable Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are Ascot Point Village, Leicester Village, and Reserve at Asheville. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget. As of January 5, 2026, the average rent in Asheville is $1,469, which is 3.5% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Ascot Point Village
Average Rent
$1,328/Month
TransitScore® Rating
27/100
Units Available
12 Rentals
Ascot Point Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ascot Point Village is $1,328 while the city average is $1,469. Residents enjoy convenient access to Parkway Visitor Center, Western North Carolina Nature Center, and Asheville Commons. The neighborhood is considered car-dependent with a WalkScore® of 33.
Leicester Village
Average Rent
$1,413/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Leicester Village. The average rent is $1,413, compared to the city average of $1,469. Leicester Village is convenient to Mars Hill University, Leicester Landings, and Colburn Earth Science Museum. The community is car-dependent with a WalkScore® of 8.
Reserve at Asheville
Average Rent
$1,413/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
Reserve at Asheville is an affordable neighborhood in Asheville with an average rent price of $1,413. Compare this to the city average of $1,469. Reserve at Asheville provides easy access to Biltmore, Western North Carolina Nature Center, and UNC Asheville. It’s a car-dependent neighborhood with a WalkScore® of 2.
Woodfin
Average Rent
$1,439/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
1/100
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Woodfin might be the perfect place! It has an average rent price of $1,439, while the city’s average stands at $1,469. In the last year, prices have decreased by 0.5%. Woodfin is near Blue Ridge National Heritage Area, Western Carolina University, and Western North Carolina Nature Center.
Town Mountain
Average Rent
$1,521/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
13/100
Units Available
11 Rentals
Town Mountain is a top choice for budget-conscious renters for a variety of reasons. The average rent in Town Mountain is $1,521 while the city average is $1,469. This is a -2.6% difference from last year. Residents enjoy convenient access to Innsbruck Mall, Eastvale Shopping Center, and Colburn Earth Science Museum. The neighborhood is considered car-dependent with a WalkScore® of 7.
Hawthone at Southside
Average Rent
$1,521/Month
TransitScore® Rating
23/100
Units Available
30 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Hawthone at Southside. The average rent is $1,521, compared to the city average of $1,469. Hawthone at Southside is convenient to Dingle Creek Crossing, Asheville Regional, and Mars Hill University. The community is somewhat walkable with a WalkScore® of 60.
East End
Average Rent
$1,524/Month
Year-Over-Year Rent Change
5.3%
TransitScore® Rating
46/100
Units Available
31 Rentals
East End is a charming, residential neighborhood with tree-lined streets and a close-knit community feel. A key attraction is the Asheville Pinball Museum, a unique spot for families and pinball enthusiasts. Renters will enjoy the quiet atmosphere and easy access to downtown Asheville’s shopping and dining.
East Asheville
Average Rent
$1,545/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
33/100
Units Available
25 Rentals
East Asheville is an affordable neighborhood in Asheville with an average rent price of $1,545. Compare this to the city average of $1,469. In the past year, rent prices have decreased by 1.1%. East Asheville provides easy access to Mars Hill University, Western Carolina University, and Colburn Earth Science Museum. It’s a car-dependent neighborhood with a WalkScore® of 46.
Bent Creek
Average Rent
$1,554/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
8/100
Units Available
148 Rentals
Bent Creek, a nature lover’s paradise, offers easy access to Bent Creek Experimental Forest along with miles of hiking and biking trails. A notable attraction is the North Carolina Arboretum, a 434-acre public garden located within the Bent Creek Experimental Forest. Renters will enjoy the peaceful environment and proximity to outdoor recreational activities.
Oakley
Average Rent
$1,622/Month
TransitScore® Rating
28/100
Units Available
38 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Oakley might be the perfect place! It has an average rent price of $1,622, while the city’s average stands at $1,469. Oakley is near UNC Asheville, Western North Carolina Nature Center, and River Ridge MarketPlace.
Ready to make your move to Asheville? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.