Cheapest Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are East Asheville, Bent Creek, and East End. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget.
East Asheville
Average Rent
$1,412/Month
Year-Over-Year Rent Change
1.5%
Units Available
52 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out East Asheville. Rent prices have increased by 1.5%. East Asheville is convenient to 811 Tunnel Rd, Blue Ridge National Heritage Area, and Biltmore.
Bent Creek
Average Rent
$1,473/Month
Year-Over-Year Rent Change
1.4%
Units Available
91 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.
East End
Average Rent
$1,491/Month
Year-Over-Year Rent Change
5.6%
Units Available
37 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.
Woodfin
Average Rent
$1,555/Month
Year-Over-Year Rent Change
1.8%
Units Available
34 Rentals
Woodfin is an affordable neighborhood in Asheville with an average rent price of $1,555. In the past year, rent prices have increased by 1.8%. Woodfin provides easy access to 670 Weaverville Rd, Asheville-Buncombe Tech. C.C., and Western Carolina University.
Biltmore Park
Average Rent
$1,562/Month
Year-Over-Year Rent Change
2.7%
Units Available
170 Rentals
Biltmore Park holds a master-planned community offering modern homes, shops, and dining, all within walking distance. A key attraction is the Biltmore Park Town Square, a shopping and entertainment complex, giving any renter plenty to do.
Five Points
Average Rent
$1,578/Month
Year-Over-Year Rent Change
3.6%
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Five Points might be the perfect place! In the last year, prices have decreased by 3.6%. Five Points is near Merrimon Commons, Western Carolina University, and 231-235 Montford Ave.
West Asheville
Average Rent
$1,627/Month
Year-Over-Year Rent Change
0.8%
Units Available
246 Rentals
West Asheville is a trendy, eclectic neighborhood known for its local scene, with plenty of restaurants, shops, and music venues. A notable attraction is the Asheville Food Park, a hub for food trucks and craft beer. Renters will enjoy the lively atmosphere and the sense of community.
Blue Ridge
Average Rent
$1,635/Month
Year-Over-Year Rent Change
0.4%
Units Available
169 Rentals
Blue Ridge offers stunning views of the surrounding mountains and access to outdoor recreational activities. A key attraction is the Blue Ridge Parkway, known for its scenic drives. Renters will appreciate the peaceful environment and proximity to the Blue Ridge Parkway.
Town Mountain
Average Rent
$1,638/Month
Year-Over-Year Rent Change
4.3%
Units Available
14 Rentals
Town Mountain is a top choice for budget-conscious renters for a variety of reasons. This is a -4.3% difference from last year. Residents enjoy convenient access to Biltmore, Western North Carolina Nature Center, and Blue Ridge National Heritage Area.
Oakley
Average Rent
$1,661/Month
Year-Over-Year Rent Change
4.8%
Units Available
58 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Oakley. Rent prices have decreased by 4.8%. Oakley is convenient to Oakley Plaza, Asheville Regional, and Asheville-Buncombe Tech. C.C..
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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.