Most Affordable Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are Camelot, 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 August 5, 2025, the average rent in Asheville is $1,471, which is 4.5% 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.
Camelot
Average Rent
$1,386/Month
TransitScore® Rating
31/100
Units Available
10 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Camelot. The average rent is $1,386, compared to the city average of $1,471. Camelot is convenient to Asheville Regional, Botanical Gardens at Asheville, and Leicester Landings. The community is car-dependent with a WalkScore® of 42.
Leicester Village
Average Rent
$1,420/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Leicester Village is an affordable neighborhood in Asheville with an average rent price of $1,420. Compare this to the city average of $1,471. Leicester Village provides easy access to Mt Carmel Center, Botanical Gardens at Asheville, and UNC Asheville. It’s a car-dependent neighborhood with a WalkScore® of 8.
Reserve at Asheville
Average Rent
$1,420/Month
TransitScore® Rating
0/100
Units Available
10 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 $1,420, while the city’s average stands at $1,471. Reserve at Asheville is near Mt Carmel Center, Mars Hill University, and Botanical Gardens at Asheville.
East Asheville
Average Rent
$1,455/Month
Year-Over-Year Rent Change
7%
TransitScore® Rating
33/100
Units Available
32 Rentals
East Asheville is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Asheville is $1,455 while the city average is $1,471. This is a -7% difference from last year. Residents enjoy convenient access to Asheville-Buncombe Tech. C.C., Haw Creek Center, and Parkway Visitor Center. The neighborhood is considered car-dependent with a WalkScore® of 46.
Verde Vista
Average Rent
$1,520/Month
TransitScore® Rating
32/100
Units Available
20 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Verde Vista. The average rent is $1,520, compared to the city average of $1,471. Verde Vista is convenient to Riverbend Marketplace, Colburn Earth Science Museum, and Western North Carolina Nature Center. The community is car-dependent with a WalkScore® of 43.
Woodfin
Average Rent
$1,525/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
1/100
Units Available
25 Rentals
Woodfin is an affordable neighborhood in Asheville with an average rent price of $1,525. Compare this to the city average of $1,471. In the past year, rent prices have decreased by 1.6%. Woodfin provides easy access to Grace Plaza, Asheville-Buncombe Tech. C.C., and Western Carolina University. It’s a car-dependent neighborhood with a WalkScore® of 35.
Biltmore Park
Average Rent
$1,565/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
20/100
Units Available
108 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.
East End
Average Rent
$1,565/Month
Year-Over-Year Rent Change
6.2%
TransitScore® Rating
46/100
Units Available
36 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.
Leisure Village
Average Rent
$1,567/Month
TransitScore® Rating
32/100
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Leisure Village might be the perfect place! It has an average rent price of $1,567, while the city’s average stands at $1,471. Leisure Village is near Oakley Plaza, UNC Asheville, and River Hills.
Oakley
Average Rent
$1,728/Month
Year-Over-Year Rent Change
14.8%
TransitScore® Rating
28/100
Units Available
54 Rentals
Oakley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oakley is $1,728 while the city average is $1,471. This is a -14.8% difference from last year. Residents enjoy convenient access to Western North Carolina Nature Center, Asheville-Buncombe Tech. C.C., and Blue Ridge National Heritage Area. The neighborhood is considered car-dependent with a WalkScore® of 38.
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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.