Buncombe County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Buncombe County is about $1,129 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $1,125. Households in Buncombe County have a median income of $4,690 per month so the average renter in Buncombe County is spending roughly 24% of their earnings on housing.
Nationally, and in Buncombe County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Buncombe County is $341,202 right now, which is higher than counties nearby, meaning that rents in Buncombe County also tend to be higher versus these nearby counties.
Higher rent prices are common in the southeastern parts of Buncombe County while lower rent rates are often available in southwestern areas.
Nearby Counties
- Henderson County, NC: less expensive rent prices
- Madison County, NC: less expensive rent prices
- Haywood County, NC: less expensive rent prices
- Yancey County, NC: less expensive rent prices
- McDowell County, NC: less expensive rent prices
- Polk County, NC: more expensive rent prices
- Transylvania County, NC: less expensive rent prices
- Mitchell County, NC: less expensive rent prices
- Rutherford County, NC: less expensive rent prices
- Unicoi County, TN: less expensive rent prices
Counties with Similar Populations
- Benton County, AR: less expensive rent prices
- St. Tammany Parish, LA: more expensive rent prices
- Yakima County, WA: less expensive rent prices
- York County, SC: more expensive rent prices
- Washington County, MN: more expensive rent prices
- Alachua County, FL: more expensive rent prices
- Frederick County, MD: more expensive rent prices
- Harford County, MD: more expensive rent prices
- Weber County, UT: more expensive rent prices
- Caddo Parish, LA: less expensive rent prices
All Local Stats
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