Most Affordable Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are Jackson Park, Biltmore Forest, and Five Points. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget. As of March 6, 2025, the average rent in Asheville is $1,483, which is 2.2% 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.
Jackson Park
Average Rent
$1,200/Month
Year-Over-Year Rent Change
18.7%
TransitScore® Rating
28/100
Units Available
2 Rentals
Jackson Park is an affordable neighborhood in Asheville with an average rent price of $1,200. Compare this to the city average of $1,483. In the past year, rent prices have increased by 18.7%. Jackson Park provides easy access to Biltmore, Asheville Regional, and Merrimon Commons. It’s a walkable neighborhood with a WalkScore® of 72.
Biltmore Forest
Average Rent
$1,435/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
23/100
Units Available
6 Rentals
Biltmore Forest is an elegant, tree-lined neighborhood offering spacious homes and a peaceful environment. A key attraction is the nearby Biltmore Estate, a historic house museum and gardens. Renters will appreciate the proximity to the Biltmore Estate and access to top-rated schools and parks.
Five Points
Average Rent
$1,449/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
38/100
Units Available
5 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Five Points might be the perfect place! It has an average rent price of $1,449, while the city’s average stands at $1,483. In the last year, prices have increased by 0.9%. Five Points is near Merrimon Square, Westgate Shopping Center, and Colburn Earth Science Museum.
Bent Creek
Average Rent
$1,555/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
8/100
Units Available
43 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 Asheville
Average Rent
$1,573/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
33/100
Units Available
38 Rentals
East Asheville is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Asheville is $1,573 while the city average is $1,483. This is a 1.2% difference from last year. Residents enjoy convenient access to Blue Ridge National Heritage Area, Asheville Regional, and Ingles Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 46.
Woodfin
Average Rent
$1,582/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
1/100
Units Available
21 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Woodfin. The average rent is $1,582, compared to the city average of $1,483. Rent prices have increased by 1.7%. Woodfin is convenient to Mars Hill University, Biltmore, and Ingles. The community is car-dependent with a WalkScore® of 35.
Biltmore Park
Average Rent
$1,598/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
20/100
Units Available
88 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.
Haw Creek
Average Rent
$1,600/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
33/100
Units Available
5 Rentals
Haw Creek is an affordable neighborhood in Asheville with an average rent price of $1,600. Compare this to the city average of $1,483. In the past year, rent prices have decreased by 4.5%. Haw Creek provides easy access to Western North Carolina Nature Center, Hometrust Plaza, and Botanical Gardens at Asheville. It’s a car-dependent neighborhood with a WalkScore® of 39.
Town Mountain
Average Rent
$1,603/Month
Year-Over-Year Rent Change
8.9%
TransitScore® Rating
13/100
Units Available
30 Rentals
If you’re looking for a great, affordable neighborhood in Asheville, Town Mountain might be the perfect place! It has an average rent price of $1,603, while the city’s average stands at $1,483. In the last year, prices have decreased by 8.9%. Town Mountain is near Innsbruck Mall, Western Carolina University, and Parkway Plaza.
Blue Ridge
Average Rent
$1,701/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
13/100
Units Available
100 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.
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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.