Apartments Near University Of North Carolina At Asheville

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4414 Finch Ln Wilmington, NC
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University Of North Carolina At Asheville

There are so many places to eat in Asheville! The Tupelo Honey Cafe is a very popular southern-style cafe. Definitely make reservations to avoid waiting forever for a table. The Corner Kitchen is another busy, but highly recommended, restaurant with a cozy atmosphere, a bar, and a patio. Curate in Downtown Asheville is known for its tapas and Spanish cuisine, but again, make reservations. For Caribbean dining, check out the Nine Mile. It’s a little lesser known and less touristy. UNC Asheville has plenty of places to eat on campus, too. English and Psychology are popular majors at UNC Asheville. Nearly 30% of students do not use financial aid. Nearly all freshman live on campus. About 85% of students are from in-state, and 62% of all students are women, and 88% are white. The Asheville area is not very diverse either; about 95% of the population is white.

Asheville:
November Rent Report

Welcome to the November 2024 Asheville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Asheville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Asheville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Asheville average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Asheville Rent Prices Decrease From October to November

Asheville rent prices decreased over the last month. From October to November, the city experienced a -3.48% decrease for the price of a one-bedroom apartment. The rent price for a Asheville one-bedroom apartments currently stands at $1,579.0.

When we take a look at the two-bedroom comparison from October to November, Asheville experienced a -0.66% decrease for the price of a two-bedroom apartment. The rent price for a Asheville two-bedroom apartments currently stands at $1,794.0.

November Prices: Asheville vs. Surrounding Areas

Asheville, NC
Arden, NC
Hendersonville, NC
$1,636
$1,575
$1,229
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Asheville and Surrounding Areas

Rent prices have decreased in Asheville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Asheville suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Arden, NC .

  • Rent decreased in Hendersonville, NC.

  • 2 suburbs are currently priced lower than the city of Asheville.

November 2024 Pricing Trends: Asheville vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Asheville, NC
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,636
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Asheville Rent Prices More Affordable Than Major Cities

Rent growth in Asheville over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Asheville average rent prices appear to be relatively affordable for local residents.

The price for a Asheville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Asheville and surrounding area rent prices, take a look at the complete data set below.

Data set for Asheville and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Asheville, NC $1,636.0 -0.18% $1,806.0 -1.31%
Hendersonville, NC $1,229.0 -10.55% $1,694.0 2.98%
Arden, NC $1,575.0 1.74% $1,892.0 -2.17%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.