Most Affordable Neighborhoods in Asheville, NC

Some of the cheapest neighborhoods in Asheville are Jackson Park, Biltmore Forest, and East Asheville. These neighborhoods offer some of the lowest rent prices in Asheville, making them ideal for renters on a budget. As of March 21, 2025, the average rent in Asheville is $1,482, which is 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.

Jackson Park

Average Rent

$1,200/Month

Year-Over-Year Rent Change

4.1%

TransitScore® Rating

28/100

Units Available

2 Rentals

Jackson Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Jackson Park is $1,200 while the city average is $1,482. This is a 4.1% difference from last year. Residents enjoy convenient access to Merrimon Square, Blue Ridge National Heritage Area, and UNC Asheville. The neighborhood is considered walkable with a WalkScore® of 72.

Biltmore Forest

Average Rent

$1,428/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

23/100

Units Available

7 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.

East Asheville

Average Rent

$1,430/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

33/100

Units Available

20 Rentals

When you’re looking for a great Asheville neighborhood on a budget, check out East Asheville. The average rent is $1,430, compared to the city average of $1,482. Rent prices have increased by 1.3%. East Asheville is convenient to Colburn Earth Science Museum, Asheville-Buncombe Tech. C.C., and Ingles Shopping Center. The community is car-dependent with a WalkScore® of 46.

Five Points

Average Rent

$1,449/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

38/100

Units Available

5 Rentals

Five Points is an affordable neighborhood in Asheville with an average rent price of $1,449. Compare this to the city average of $1,482. In the past year, rent prices have increased by 1%. Five Points provides easy access to Colburn Earth Science Museum, Botanical Gardens at Asheville, and Western Carolina University. It’s a walkable neighborhood with a WalkScore® of 85.

Bent Creek

Average Rent

$1,518/Month

Year-Over-Year Rent Change

5%

TransitScore® Rating

8/100

Units Available

48 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.

Haw Creek

Average Rent

$1,581/Month

Year-Over-Year Rent Change

10.1%

TransitScore® Rating

33/100

Units Available

6 Rentals

If you’re looking for a great, affordable neighborhood in Asheville, Haw Creek might be the perfect place! It has an average rent price of $1,581, while the city’s average stands at $1,482. In the last year, prices have decreased by 10.1%. Haw Creek is near Colburn Earth Science Museum, Haw Creek Center, and Blue Ridge National Heritage Area.

Biltmore Park

Average Rent

$1,612/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

20/100

Units Available

80 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.

Woodfin

Average Rent

$1,636/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

1/100

Units Available

23 Rentals

Woodfin is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woodfin is $1,636 while the city average is $1,482. This is a -1% difference from last year. Residents enjoy convenient access to Mars Hill University, Northland Shopping Center, and Blue Ridge National Heritage Area. The neighborhood is considered car-dependent with a WalkScore® of 35.

East End

Average Rent

$1,645/Month

Year-Over-Year Rent Change

20.2%

TransitScore® Rating

46/100

Units Available

35 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.

Oakley

Average Rent

$1,676/Month

Year-Over-Year Rent Change

21.1%

TransitScore® Rating

28/100

Units Available

36 Rentals

When you’re looking for a great Asheville neighborhood on a budget, check out Oakley. The average rent is $1,676, compared to the city average of $1,482. Rent prices have decreased by 21.1%. Oakley is convenient to Asheville Regional, UNC Asheville, and Biltmore. The community is 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.