Asheville vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 4% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,106/mo in Asheville — saving $564/year.
Rent by Unit Size
| Unit Size | Asheville | Chico | Difference |
|---|---|---|---|
| Studio | $689 | $698 | $9 |
| 1 Bedroom | $875 | $859 | $16 |
| 2 Bedrooms | $1,106 | $1,059 | $47 |
| 3 Bedrooms | $1,316 | $1,354 | $38 |
| 4 Bedrooms | $1,577 | $1,491 | $86 |
| Median Income | $64,400 | $66,884 | $2,484 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Asheville or Chico cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,106/mo in Asheville. That's $47/mo or $564/year more expensive in Asheville (4% higher).
What is the 2-bedroom rent in Asheville vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Asheville and Chico?
The median household income in Asheville is $64,400/year. In Chico it is $66,884/year. Chico has the higher median income.
What is the studio rent in Asheville vs Chico?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Chico it is $698/mo.