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Montreat, NC Homes for Rent

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  • /35

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • Montreat Rental-Lower Level Apartment! **Utilites included!

    94 Westminster Terrace, Montreat, NC 28757

    ***Please note, this rental comes unfurnished. However, the owner is leaving some porch furniture for tenant use***This one bedroom/one bathroom ground-level retreat offers a peaceful and tranquil setting near the heart of Montreat. Conveniently located within a 6-minute drive of Lake Susan, Robert Lake Playground, and Montreat's numerous hiking trails. Winter mountain views and a large

    94 Westminster Terrace, Montreat, NC 28757
  • /28

    $1,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • **SCHOOL YEAR RENTAL-TWO STUDENT MAX** AVAILABLE MID-AUGUST TO MID-MAY

    341 Yale Rd, Montreat, NC 28757

    ***SCHOOL YEAR RENTAL AVAILABLE FROM AUGUST 15TH, 2026-MAY 15TH, 2027***Sit on the deck and hear the creek that borders the property! Open kitchen, dining and living room area with TV; Two bedrooms/2bathrooms. Although there is no central air, the house does have two window units in the upstairs bedrooms only. The house stays comfortable due to the wooded surroundings and the nearby

    341 Yale Rd, Montreat, NC 28757

Why Live in Montreat

Montreat, NC, is a small mountain town located approximately 20 miles from Asheville, known for its tranquil lifestyle and scenic beauty. The town's name, derived from "mountain" and "retreat," reflects its serene environment, attracting both full-time and part-time residents who appreciate the slower pace of life. Montreat is home to the Montreat Conference Center, which primarily serves the Presbyterian Church but also hosts various non-secular groups. The town features a small college, one restaurant, and several hotels, contributing to its peaceful atmosphere. Residential areas are characterized by ranch- and cabin-style homes, many offering picturesque views and abundant privacy, with properties ranging from nearly 100 years old to those built in the 1980s and 1990s. Despite being hit by catastrophic flooding from Hurricane Helene in 2024, many parts of Montreat have been rebuilt, and the town participates in the National Flood Insurance Program. Outdoor activities are popular, with residents frequently hiking on Lookout Trail and enjoying amenities at Robert Lake Park, which features a playground, tennis courts, and picnic areas. Lake Susan, owned by the Montreat Conference Center, is open to the public for fishing with a permit. Dining options include The Huckleberry, a local favorite for breakfast, lunch, coffee, and ice cream, while nearby Black Mountain offers additional dining, grocery stores, and local boutiques. Children in Montreat attend Black Mountain Elementary, Owen Middle, and Charles D. Owen High, all part of the highly rated Buncombe County Schools district. Montreat Road connects the town to Black Mountain and Asheville, with the Asheville Regional Airport about 30 miles away and Swannanoa Valley Medical Center five miles west.

Frequently Asked Questions

How much does it cost to rent a home in Montreat, NC?
The median rent for a home in Montreat, NC is $1,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Montreat, NC?
To comfortably afford the median rent in Montreat, NC, a household needs to earn roughly $60,000 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 $1,500 per month in Montreat, NC, renters typically need to show $4,500 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 Montreat, NC?
In Montreat, NC, the price-to-rent ratio is 47.3, 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.
What neighborhoods in Montreat, NC are best for renting a home?
The best neighborhood for renting in Montreat, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Oakley, East End, Kenilworth, Downtown Asheville and North Asheville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,500
Median Single Family Home Rent
$1,500
How to Rent a Home