Asheville, NC MSA
FY 2026 HUD Fair Market Rents for the Asheville, NC MSA metro area. Population: 407,332.
Fair Market Rents (2026)
Studio
National avg: $893
$1,227/mo
↓ 4.6% YoY
+37% vs US
1 Bedroom
National avg: $959
$1,429/mo
↑ 6.1% YoY
+49% vs US
2 Bedroom
National avg: $1,175
$1,567/mo
↑ 3.6% YoY
+33% vs US
3 Bedroom
National avg: $1,525
$1,905/mo
↓ 2.0% YoY
+25% vs US
4 Bedroom
National avg: $1,756
$2,629/mo
↑ 2.5% YoY
+50% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,286 | $1,227 | $-59 (-4.6%) |
| 1 Bedroom | $1,347 | $1,429 | +$82 (+6.1%) |
| 2 Bedroom | $1,512 | $1,567 | +$55 (+3.6%) |
| 3 Bedroom | $1,944 | $1,905 | $-39 (-2.0%) |
| 4 Bedroom | $2,566 | $2,629 | +$63 (+2.5%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$57,160
$4,763/month gross
Required annual income for 2 BR
$62,680
$5,223/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.