Best Affordable Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are East Asheville, Woodfin, and Town Mountain. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget. As of May 21, 2026, the average rent in Asheville is $1,444, which is 2.8% 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.
East Asheville
Average Rent
$1,420/Month
Year-Over-Year Rent Change
2.3%
Units Available
34 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, East Asheville might be the perfect place! It has an average rent price of $1,420, while the city’s average stands at $1,444. In the last year, prices have increased by 2.3%. East Asheville is near Haw Creek Center, Ingles Shopping Center, and Four Seasons Plaza.
Woodfin
Average Rent
$1,430/Month
Year-Over-Year Rent Change
0.6%
Units Available
35 Rentals
Woodfin is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woodfin is $1,430 while the city average is $1,444. This is a -0.6% difference from last year. Residents enjoy convenient access to Ingles, UNC Asheville, and Biltmore.
Town Mountain
Average Rent
$1,451/Month
Year-Over-Year Rent Change
12.8%
Units Available
19 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Town Mountain. The average rent is $1,451, compared to the city average of $1,444. Rent prices have decreased by 12.8%. Town Mountain is convenient to Haw Creek Center, Blue Ridge National Heritage Area, and Colburn Earth Science Museum.
Bent Creek
Average Rent
$1,498/Month
Year-Over-Year Rent Change
6.2%
Units Available
105 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.
Biltmore Park
Average Rent
$1,508/Month
Year-Over-Year Rent Change
3.9%
Units Available
120 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.
Blue Ridge
Average Rent
$1,609/Month
Year-Over-Year Rent Change
6.4%
Units Available
178 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.
West Asheville
Average Rent
$1,642/Month
Year-Over-Year Rent Change
0.9%
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.
Oakley
Average Rent
$1,676/Month
Year-Over-Year Rent Change
6.1%
Units Available
44 Rentals
Oakley is an affordable neighborhood in Asheville with an average rent price of $1,676. Compare this to the city average of $1,444. In the past year, rent prices have decreased by 6.1%. Oakley provides easy access to Mars Hill University, UNC Asheville, and Asheville Regional.
East End
Average Rent
$1,699/Month
Year-Over-Year Rent Change
1.3%
Units Available
27 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.
South French Broad
Average Rent
$1,716/Month
Year-Over-Year Rent Change
1.7%
Units Available
120 Rentals
South French Broad is a diverse neighborhood located near downtown Asheville, offering affordable housing and access to local parks. A key attraction is the YMI Cultural Center, known for its exhibits on African American culture. Renters will appreciate the proximity to cultural attractions and the city center.
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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.