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Montreat, NC Homes for Rent

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  • /16

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • Montreat School Year Rental

    126 Mississippi Rd, Montreat, NC 28757

    **Montreat School Year Rental! Lease will run August 15th, 2026-May 15th, 2027. Recent Update! The rental now has luxury vinyl plank flooring rather than the carpeted floor that is shown in the advertised photos. Furnished lower-level apartment. 2 bedroom/1 bathroom. **Two tenants maximum** Each bedroom offers a queen size bed. Utilities included. Sorry, no pets. Washer/dryer supplied.

    126 Mississippi Rd, Montreat, NC 28757
  • /11

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Montreat Ground Level Apartment!

    216 Alabama Terrace, Montreat, NC 28757

    1 bedroom/1 bathroom ground level apartment in Montreat! Fantastic location and walkable to the college campus. Open floor plan with great modern updates. Mini-splits for heating/air. W/D included. Wifi, water, and lawn care included. Must contact Greybeard Rentals at for showings. Sorry, no pets. ***Please note, the owner occupies the upstairs house full time.

    216 Alabama Terrace, Montreat, NC 28757
  • /15

    $2,300 Per Month

    • 3 Beds
    • 3.5 Baths
    • ***MONTREAT SCHOOL YEAR RENTAL***

    102 Mecklenburg Cir, Montreat, NC 28757

    ***THIS HOME IS AVAILABLE FROM AUGUST 15TH, 2026-MAY 15TH, 2027*** No more than 3 students. Furnished 3 bedroom/3.5 bathroom. Trash and wifi included. Please note, the fireplace is off limits. NO PETS

    102 Mecklenburg Cir, Montreat, NC 28757
  • /19

    $1,050 Per Month

    • 1 Bed
    • 1 Bath
    • 300 Sq Ft
    • **Montreat Rental** August 15th, 2026-May 15th, 2027

    307 Chapman Rd, Montreat, NC 28757

    1 bedroom apartment in Montreat. Great for a student. Available August 15th, 2026-May 15th, 2027. Completely furnished. The tenant will pay half the utility bills. $1050 per month and a one-month security deposit. Sorry, no pets. $40 application fee for credit/background check. Contact Greybeard Rentals at for showings.

    307 Chapman Rd, 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 $1,325 per month, though prices vary by neighborhood, size, and property type. As of May 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 $53,000 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 $1,325 per month in Montreat, NC, renters typically need to show $3,975 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 48.1, 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, Downtown Asheville, North Asheville and West Asheville, each with its own character and price range.

Rental Home Trends in Montreat, NC

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,325
Median Single Family Home Rent
$1,325
How to Rent a Home