Average Rent in Buncombe, NC

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Current Versus Historical Buncombe, NC Rents

Buncombe rentals average $1,900 for a studio rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,273, or roughly $21 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $770 (68.14%) year-over-year from $1,130 to $1,900. 1-bedroom rentals prices have increased by $715 (54.06%) year-over-year from $1,323 to $2,038. 2-bedroom rentals prices have increased by $213 (12.08%) year-over-year from $1,767 to $1,980. 3-bedroom rentals prices have increased by $498 (22.92%) year-over-year from $2,174 to $2,673. 4-bedroom rentals prices have decreased by $666 (-18.94%) year-over-year from $3,516 to $2,850. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 4.27% this month. 2-bedroom rents have gone up by 5.13% this month. 3-bedroom rents have gone up by 11.86% this month. 4-bedroom rents have gone up by 17.45% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $39.58 $1,900 $1,130 (68.14%) $1,400 (35.71%)
1 BR $42.67 $2,038 $1,323 (54.06%) $1,416 (43.91%)
2 BR $20.87 $1,980 $1,767 (12.08%) $1,696 (16.78%)
3 BR $18.08 $2,673 $2,174 (22.92%) $2,295 (16.45%)
4+ BR $20.09 $2,850 $3,516 (-18.94%) $3,123 (-8.73%)

Historical Rents in Buncombe, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Buncombe

There are a total of 1 cities nearby Buncombe. The average rent in Buncombe is currently $1,350 per month. Only one city nearby has an average rent lower than that. Our records show that Hickory, NC, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near Buncombe, NC is Hickory, NC. Monthly rents here are on average $1,350 per month.

Let's compare Buncombe, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Buncombe, NC is 63.47% more expensive than other cities nearby. One bedrooms are about 39.02% more expensive. Two bedrooms in Buncombe, NC are about 35.32% more expensive. Finally, rent for three bedrooms are about 38.35% more expensive. Want more information? Check out the top 1 cities near Buncombe, NC in the following table.
City Studio 1 Bed 2 Bed All
Hickory, NC $694 $1,250 $1,300 $1,350

Top Neighborhoods Near Buncombe



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Buncombe

There are a total of 2 counties located by Buncombe, NC. Some of these counties include Spartanburg, SC and Greenville, SC. The average rent for rentals in these counties is $1,150. That's roughly around $15 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Spartanburg, SC. Its average rent per month is $1,100. Vice versa, with an average rent of $1,200, Greenville, SC is the most expensive county by Buncombe, NC.

Typically, rent for studios in Buncombe, NC is 31.45% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Buncombe, NC is 55.51% more expensive than other counties nearby. Finally, rent for two bedrooms in Buncombe, NC is 43.41% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Spartanburg, SC $1,660 $899 $1,050 $1,100
Greenville, SC $945 $925 $1,225 $1,200

Top Zipcodes Near Buncombe



Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Buncombe Average Rents

What is the average rent price in Buncombe, NC?
The average monthly rental price for Buncombe, NC apartments for rent is approximately $2,273. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Buncombe, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Buncombe, NC.
How much is a studio apartment in Buncombe, NC?
The average monthly rental price for studio apartments is $1,900 and an average price per square feet of $39.58. There are a total of 1 studio apartment listings currently available for rent in Buncombe.
How much is a one bedroom apartment in Buncombe, NC?
The average monthly rental price for one bedroom apartments is $2,050 and an average price per square feet of $42.67. There are a total of 13 one bedroom apartment listings currently available for rent in Buncombe.
How much is a two bedroom apartment in Buncombe, NC?
The average monthly rental price for two bedroom apartments is $2,010 and an average price per square feet of $20.87. There are a total of 15 two bedroom apartment listings currently available for rent in Buncombe.
How have rent prices in Buncombe, NC changed this year?
Rent prices for rentals in Buncombe, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.68%, one bedroom rental prices have changed by 0.54%, two bedroom rental prices have changed by 0.12%, three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in Buncombe, NC?
A reasonable rent price in Buncombe, NC is around $1,818/month. You can search for these reasonably priced rental listings on RentHop.