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Studio House for Rent in Asheville, NC

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    $1,295 Per Month

    • Studio
    • 1 Bath
    • 447 Sq Ft
    • House for Rent

    3 Garden Terrace, Asheville, NC 28804

    Tucked away in historic Norwood Park, this peaceful studio cottage sits in a private garden two miles from downtown Asheville. Merrimon Avenue dining and retail, UNC-Asheville, and the Grove Park Inn are all within easy reach.The open floorplan features vaulted ceilings, abundant natural light, and warm hardwood floors. The interior is freshly painted throughout. The kitchen is outfitted

    3 Garden Terrace, Asheville, NC 28804

Frequently Asked Questions

How much does it cost to rent a single-family home in Asheville, NC?
The median rent for a single-family home in Asheville, NC is $2,295 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Asheville, NC?
To comfortably afford the median rent in Asheville, NC, a household needs to earn roughly $84,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,100 per month in Asheville, NC, renters typically need to show $6,300 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Asheville, NC?
In Asheville, NC, the price-to-rent ratio is 18.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Houses for Rent
1
Median Single Family Home Rent
$2,295
Median 3 Bedroom Single Family Home Rent
$2,300
Median 4 Bedroom Single Family Home Rent
$2,950
Median 5 Bedroom Single Family Home Rent
$5,700
How to Rent a Home