Best Affordable Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are Ascot Point Village, Woodfin, and Leicester Village. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget. As of November 19, 2025, the average rent in Asheville is $1,462, which is 4.3% 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
$1,337/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 $1,337 while the city average is $1,462. Residents enjoy convenient access to Biltmore, Parkway Visitor Center, and Asheville-Buncombe Tech. C.C.. The neighborhood is considered car-dependent with a WalkScore® of 33.
Woodfin
Average Rent
$1,389/Month
Year-Over-Year Rent Change
5.5%
TransitScore® Rating
1/100
Units Available
30 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Woodfin. The average rent is $1,389, compared to the city average of $1,462. Rent prices have decreased by 5.5%. Woodfin is convenient to Western North Carolina Nature Center, Colburn Earth Science Museum, and Western Carolina University. The community is car-dependent with a WalkScore® of 35.
Leicester Village
Average Rent
$1,394/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
Leicester Village is an affordable neighborhood in Asheville with an average rent price of $1,394. Compare this to the city average of $1,462. Leicester Village provides easy access to Botanical Gardens at Asheville, UNC Asheville, and North Carolina Arboretum. It’s a car-dependent neighborhood with a WalkScore® of 8.
Reserve at Asheville
Average Rent
$1,394/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Reserve at Asheville might be the perfect place! It has an average rent price of $1,394, while the city’s average stands at $1,462. Reserve at Asheville is near Asheville-Buncombe Tech. C.C., Asheville Regional, and UNC Asheville.
East Asheville
Average Rent
$1,450/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
33/100
Units Available
16 Rentals
East Asheville is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Asheville is $1,450 while the city average is $1,462. This is a -3.6% difference from last year. Residents enjoy convenient access to Asheville Regional, Colburn Earth Science Museum, and Western North Carolina Nature Center. The neighborhood is considered car-dependent with a WalkScore® of 46.
Biltmore Park
Average Rent
$1,523/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
20/100
Units Available
118 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.
Oakley
Average Rent
$1,524/Month
Year-Over-Year Rent Change
7.4%
TransitScore® Rating
28/100
Units Available
33 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Oakley. The average rent is $1,524, compared to the city average of $1,462. Rent prices have decreased by 7.4%. Oakley is convenient to Oakley Plaza, Western Carolina University, and UNC Asheville. The community is car-dependent with a WalkScore® of 38.
Hawthone at Southside
Average Rent
$1,546/Month
TransitScore® Rating
23/100
Units Available
24 Rentals
Hawthone at Southside is an affordable neighborhood in Asheville with an average rent price of $1,546. Compare this to the city average of $1,462. Hawthone at Southside provides easy access to Shops at Meridian Place, Asheville-Buncombe Tech. C.C., and Blue Ridge National Heritage Area. It’s a somewhat walkable neighborhood with a WalkScore® of 60.
Bent Creek
Average Rent
$1,574/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
8/100
Units Available
129 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
$1,603/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
46/100
Units Available
32 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.
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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.