What is the rental vacancy rate in Asheville, NC?

The rental vacancy rate in Asheville, NC is 19.3% (±2.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 21.2% (±2.6 points).

12,640 (±945) homes, 25.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Asheville, the rental vacancy rate went from 6.0% in 2015–2019 to 19.3% in 2020–2024 (+13.3 percentage points), a measurable increase.

Figures last updated on .

Rental vacancy rate
19.3% (±2.5 points)
Homeowner vacancy rate
21.2% (±2.6 points)
Vacant homes
12,640 (±945)

Vacancy in Asheville against Buncombe County, its state and the nation

Estimate (90% margin of error)
AshevilleBuncombe CountyNorth CarolinaUnited States
Rental vacancy rate19.3% (±2.5 points)18.2% (±2.1 points)7.1% (±0.2 points)5.5%
Homeowner vacancy rate21.2% (±2.6 points)14.8% (±1.4 points)1.3% (±0.1 points)0.9%
Vacant housing units12,640 (±945)32,628 (±1,977)613,323 (±9,483)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Asheville, the rental vacancy rate is not measurably different from Buncombe County (18.2%).

It is also higher than in North Carolina (7.1%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Asheville

Nearest places with a published estimate, compared with Asheville
PlaceDistanceRental vacancy rateCompared with this place
Asheville—19.3% (±2.5 points)—
Biltmore Forest2.6 mi0.0% (±84.8 points)Not measurably different
Emma3.2 mi36.6% (±28.9 points)Not measurably different
Bent Creek5.5 mi0.0% (±40.0 points)Not measurably different
Woodfin5.7 mi18.2% (±8.0 points)Not measurably different
Royal Pines7.0 mi10.4% (±17.1 points)Not measurably different
Avery Creek7.4 mi53.4% (±53.1 points)Not measurably different
Weaverville8.9 mi19.3% (±14.4 points)Not measurably different
Fairview (community)9.1 mi0.0% (±53.0 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Buncombe County, place by place

RankPlaceRental vacancy rate
1Avery Creek53.4% (±53.1 points)
2Emma36.6% (±28.9 points)
3 (tie)Asheville19.3% (±2.5 points)
3 (tie)Weaverville19.3% (±14.4 points)
5Woodfin18.2% (±8.0 points)
6Royal Pines10.4% (±17.1 points)
7Black Mountain6.2% (±4.8 points)
8Swannanoa3.9% (±6.1 points)
9 (tie)Bent Creek0.0% (±40.0 points)

Showing 9 of 11 places in Buncombe County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Asheville

Is it hard to find a rental in Asheville?

The rental vacancy rate in Asheville, NC is 19.3% (±2.5 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Asheville tighter than it was?

In Asheville, the rental vacancy rate went from 6.0% in 2015–2019 to 19.3% in 2020–2024 (+13.3 percentage points), a measurable increase.

How many homes are vacant in Asheville?

An estimated 12,640 (±945) housing units, 25.3% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Asheville city, North Carolina (place:02140, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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