Rents in Asheville down 1.7% over past month

Press release from Apartment List:

National prices sank another 0.8% in December, according to the latest data from Apartment List. The market cooldown remains widespread, with rents down in 90 of the nation’s 100 largest cities this past month. National month-over-month rent change is plotted in the chart below, showing how this winter’s price declines are steeper than those of previous years.

 

For the latest data, see our January Rent Report, complete with median rent and price growth data through the end of 2022. Some highlights below:

 

• Rents in Asheville decreased 1.7% month-over-month in December, compared to a 0.8% decrease nationally.
• Year-over-year rent growth in Asheville currently stands at 3.4%, compared to -1% at this time last year. Rents in Asheville are up by 39.6% since the start of the pandemic in March 2020.
• Median rents in Asheville currently stand at $1332 for a 1-bedroom apartment and $1656 for a two-bedroom.

Check out the full report here, and for a complete look at national trends, read our national report. Our raw rent stats – for cities, metros, states – can also be downloaded at any time from this page.