Most Affordable Neighborhoods in Asheville, NC
Some of the cheapest neighborhoods in Asheville are Five Points, East Asheville, and Haw Creek. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget. As of April 26, 2025, the average rent in Asheville is $1,491, which is 3.7% 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.
Five Points
Average Rent
$1,449/Month
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 $1,491. In the last year, prices have increased by 0%. Five Points is near Mars Hill University, UNC Asheville, and Merrimon Commons.
East Asheville
Average Rent
$1,516/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
33/100
Units Available
37 Rentals
East Asheville is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Asheville is $1,516 while the city average is $1,491. This is a -3.5% difference from last year. Residents enjoy convenient access to Asheville-Buncombe Tech. C.C., Western Carolina University, and Biltmore. The neighborhood is considered car-dependent with a WalkScore® of 46.
Haw Creek
Average Rent
$1,516/Month
Year-Over-Year Rent Change
16.4%
TransitScore® Rating
33/100
Units Available
3 Rentals
When you’re looking for a great Asheville neighborhood on a budget, check out Haw Creek. The average rent is $1,516, compared to the city average of $1,491. Rent prices have decreased by 16.4%. Haw Creek is convenient to UNC Asheville, Botanical Gardens at Asheville, and Blue Ridge National Heritage Area. The community is car-dependent with a WalkScore® of 39.
Bent Creek
Average Rent
$1,569/Month
Year-Over-Year Rent Change
5.2%
TransitScore® Rating
8/100
Units Available
39 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 Forest
Average Rent
$1,569/Month
Year-Over-Year Rent Change
8.9%
TransitScore® Rating
23/100
Units Available
16 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.
Biltmore Park
Average Rent
$1,607/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
20/100
Units Available
83 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.
Jackson Park
Average Rent
$1,612/Month
Year-Over-Year Rent Change
4.8%
TransitScore® Rating
28/100
Units Available
4 Rentals
Jackson Park is an affordable neighborhood in Asheville with an average rent price of $1,612. Compare this to the city average of $1,491. In the past year, rent prices have increased by 4.8%. Jackson Park provides easy access to Western North Carolina Nature Center, Blue Ridge National Heritage Area, and Merrimon Commons. It’s a walkable neighborhood with a WalkScore® of 72.
East End
Average Rent
$1,626/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
46/100
Units Available
30 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.
Town Mountain
Average Rent
$1,650/Month
Year-Over-Year Rent Change
13.7%
TransitScore® Rating
13/100
Units Available
13 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 $1,650, while the city’s average stands at $1,491. In the last year, prices have decreased by 13.7%. Town Mountain is near Asheville-Buncombe Tech. C.C., Biltmore, and Eastvale Shopping Center.
Woodfin
Average Rent
$1,727/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
1/100
Units Available
22 Rentals
Woodfin is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woodfin is $1,727 while the city average is $1,491. This is a 3.5% difference from last year. Residents enjoy convenient access to Grace Plaza, Blue Ridge National Heritage Area, and Colburn Earth Science Museum. The neighborhood is considered car-dependent with a WalkScore® of 35.
Ready to make your move to Asheville? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.