Asheville is the 112th largest multifamily market with 20,084 completed units and 11,666 units in development, 2,415 of which have already broken ground, as of June 2022.
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.
