Asheville vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 1% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,106/mo in Asheville — saving $108/year.
Rent by Unit Size
| Unit Size | Asheville | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $689 | $760 | $71 |
| 1 Bedroom | $875 | $928 | $53 |
| 2 Bedrooms | $1,106 | $1,097 | $9 |
| 3 Bedrooms | $1,316 | $1,435 | $119 |
| 4 Bedrooms | $1,577 | $1,556 | $21 |
| Median Income | $64,400 | $70,678 | $6,278 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Asheville or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,106/mo in Asheville. That's $9/mo or $108/year more expensive in Asheville (1% higher).
What is the 2-bedroom rent in Asheville vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Asheville and Raleigh-Cary?
The median household income in Asheville is $64,400/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Asheville vs Raleigh-Cary?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Raleigh-Cary it is $760/mo.