Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Asheville Fair Market Rent FY 2018 Asheville, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Asheville, NC :
$655 $660 $829 $1,120 $1,460
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Asheville are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Asheville is $829 per month.

The previous year, rent for a two-bedroom home was $891 per month. This is a 6.96% decrease year-over-year.

This FMR rate applies to Ridgecrest, NC, Naples, NC, Tuxedo, NC, Bat Cave, NC, Gerton, NC, Montreat, NC, Edneyville, NC, Skyland, NC, Enka, NC, Mountain Home, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO11700M11700.

Additionally, This Fair Market Rent (FMR) area Asheville, NC HUD Metro FMR Area spans three counties or cities in which ares listed in the table below. Estimated population of Asheville, NC HUD Metro FMR Area FMR area is 365,822 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Asheville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Asheville

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 712
1-BR 1-Bedroom $ 717
2-BR 2-Bedroom $ 901
3-BR 3-Bedroom $ 1217
4-BR 4-Bedroom $ 1587
Change Year:

The counties, cities, towns, and regions listed below fall into the Asheville, NC HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Charlotte and Greenvll - Spart - Ashevll - And.

County / Region Est. Population
Buncombe County, NC Metro 238,318
Henderson County, NC Metro 106,740
Madison County, NC Metro 20,764
Zip Codes in Asheville, NC HUD Metro FMR Area

There are 53 unique zip codes in this Fair Market Rent (FMR) area:

28655, 28701, 28704, 28709, 28710, 28711, 28714, 28715, 28716, 28721, 28724, 28726, 28727, 28728, 28729, 28730, 28731, 28732, 28735, 28739, 28742, 28748, 28753, 28754, 28756, 28757, 28758, 28759, 28760, 28762, 28766, 28768, 28770, 28773, 28776, 28778, 28784, 28787, 28790, 28791, 28792, 28793, 28801, 28802, 28803, 28804, 28805, 28806, 28810, 28813, 28814, 28815 and 28816

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