Average Rent in Buncombe, NC

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Current Versus Historical Buncombe, NC Rents

Buncombe rentals average $0 for a studio rental to $3,520 for a 4-bedroom rental. The median price of all currently available listings is $2,295, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,219 (-47.46%) year-over-year from $2,569 to $1,350. 1-bedroom rentals prices have increased by $167 (13.00%) year-over-year from $1,283 to $1,450. 2-bedroom rentals prices have increased by $213 (13.39%) year-over-year from $1,588 to $1,800. 3-bedroom rentals prices have increased by $233 (10.07%) year-over-year from $2,316 to $2,549. 4-bedroom rentals prices have increased by $264 (8.85%) year-over-year from $2,983 to $3,248. 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 37.63% this month. 1-bedroom rents have gone up by 2.35% this month. 2-bedroom rents have gone down by 1.14% this month. 3-bedroom rents have gone up by 4.70% this month. 4-bedroom rents have gone down by 1.04% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.12 $1,450 $1,283 (13.00%) $1,113 (30.34%)
2 BR $1.77 $1,800 $1,588 (13.39%) $1,298 (38.64%)
3 BR $1.65 $2,549 $2,316 (10.07%) $1,819 (40.13%)
4+ BR $1.38 $3,248 $2,983 (8.85%) $2,358 (37.70%)

Historical Rents in Buncombe, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Buncombe



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Top Neighborhoods Near Buncombe



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Top Counties Near Buncombe



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Top Zipcodes Near Buncombe



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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 $2,295. 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 $0 and an average price per square feet of $0.00. 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 $1,600 and an average price per square feet of $2.12. There are a total of 6 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 $1,963 and an average price per square feet of $1.77. There are a total of 26 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 -0.47%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.13%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Buncombe, NC?
A reasonable rent price in Buncombe, NC is around $1,836/month. You can search for these reasonably priced rental listings on RentHop.
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