FairRentWize

Asheville vs Roanoke

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Roanoke is 38% cheaper for renters. A 2-bedroom rents for $803/mo vs $1,106/mo in Asheville — saving $3,636/year.

Rent by Unit Size

Unit SizeAshevilleRoanokeDifference
Studio$689$518$171
1 Bedroom$875$643$232
2 Bedrooms$1,106$803$303
3 Bedrooms$1,316$980$336
4 Bedrooms$1,577$1,168$409
Median Income$64,400$51,099$13,301

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
Full Asheville profile →

Roanoke

Studio
$518/mo
1 BR
$643/mo
2 BR
$803/mo
3 BR
$980/mo
4 BR
$1,168/mo
Median Income
$51,099/yr
Full Roanoke profile →

Frequently Asked Questions

Is Asheville or Roanoke cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $1,106/mo in Asheville. That's $303/mo or $3,636/year more expensive in Asheville (38% higher).
What is the 2-bedroom rent in Asheville vs Roanoke?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Roanoke, a 2-bedroom FMR is $803/month.
How do incomes compare between Asheville and Roanoke?
The median household income in Asheville is $64,400/year. In Roanoke it is $51,099/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Roanoke?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Roanoke it is $518/mo.