Asheville is the 112th largest multifamily market with 20,894 completed units and 12,307 units in development, 1,675 of which have already broken ground, as of September 2022.
Asheville Multifamily Market Summary – September 2022
New lease asking rents are at $1,672, up 11%▲
from the previous year placing Asheville at
28th overall in year-over-year rent growth.
Asheville Multifamily Market Summary – August 2022
New lease asking rents are at $1,676, up 12.9%▲
from the previous year placing Asheville at 26th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – July 2022
New lease asking rents are at $1,670, up 16.6%▲
from the previous year placing Asheville at 13th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – June 2022
New lease asking rents are at $1,631, up 17.3%▲
from the previous year placing Asheville at 16th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – May 2022
New lease asking rents are at $1,598, up 17.1%▲
from the previous year placing Asheville at 20th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – April 2022
New lease asking rents are at $1,595, up 20.8%▲
from the previous year placing Asheville at 8th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – March 2022
New lease asking rents are at $1,580, up 21.1%▲
from the previous year placing Asheville at 9th
overall in year-over-year rent growth
Asheville Multifamily Market Summary – February 2022
New lease asking rents are at $1,566, up 22.1%▲
from the previous year placing Asheville at 9th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – January 2022
New lease asking rents are at $1,552, up 21.8%▲
from the previous year placing Asheville at 9th
overall in year-over-year rent growth.
Asheville Multifamily Market Summary – December 2021
New lease asking rents are at $1,524, up 21%▲
from the previous year placing Asheville at
8th overall in year-over-year rent growth.
