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ZIP Code · NC

ZIP 28804

Pop. 25,776·Buncombe County·111th most expensive ZIP in North Carolina
Median rent (all units)
$1,683/mo
Year-over-Year
-12.4%
Month-over-Month
+1.4%
vs US Median
-$282
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28804 · $1,683
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,670
2 BR
$1,830
3 BR
$2,230
4 BR+
$3,070
Research median
$1,830/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,196/yr
At $1,683/mo median
Location
StateNC
CountyBuncombe County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 12.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-12.4% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 28804 (Asheville, NC) is majority owner-occupied, has a large retiree population, 60% of residents hold a bachelor's degree or higher.

Population
25,776
Median income
$88,312
Median age
43
Renters
28.9%
Age distribution
14.9%
24.9%
24.4%
12.1%
23.8%
Under 1814.9%
18–3424.9%
35–5424.4%
55–6412.1%
65+23.8%
Gender
52.1%
47.9%
Male52.1%
Female47.9%
Race & ethnicity
83.9%
White83.9%
Black2.5%
Hispanic7.7%
Asian2%
Other3.9%
Education (25+)
14.3%
21%
60%
No HS diploma4.7%
HS diploma14.3%
Some college21%
Bachelor's+60%
Housing tenure
71.1%
28.9%
Owner71.1%
Renter28.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 28804 in Asheville, NC has changed in 5 years

Income
$72,575 → $88,312
up 21.7%
Population
24,854 → 25,776
up 3.7%
Renter share
31.3% → 28.9%
-2.4 pts
Bachelor's+
57.7% → 60%
+2.3 pts
Median age
45.1 → 43
-2.1 yrs

Median household income climbed from $72,575 to $88,312 between 2021 and 2024, a 21.7% shift. Census counts show ZIP 28804 in Asheville, NC adding about 922 residents over the five-year window, up 3.7% on net. The renter share has eased from 31.3% to 28.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 57.7% to 60% across the same window.

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Local insights

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About renting in ZIP 28804

Last updated: July 20, 2026

ZIP code 28804 covers Asheville, NC. The median rent here is $1,683/mo as of July 2026. A 1-bedroom rents for a median of $1,670/mo. A 2-bedroom rents for a median of $1,830/mo.

At 23% of local median household income ($88,312/yr), ZIP 28804 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 12.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28804?

As of July 20, 2026, the median monthly rent in ZIP 28804 (Asheville, NC) is $1,683. This is based on aggregated data from public sources and community submissions.

How does ZIP 28804 rent compare to the US average?

ZIP 28804's median rent of $1,683/mo is $282 (14%) below the US national median of $1,965/mo.

How does ZIP 28804 compare to other ZIPs in North Carolina?

ZIP 28804 falls in the middle range for North Carolina, ranking #111 out of 227 ZIPs at $1,683/mo.

How much income do you need to rent in ZIP 28804?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,683/mo in ZIP 28804. The local median household income is $88,312/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 28804?

Rent in ZIP 28804 has decreased 12.4% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 28804 an affordable place to rent?

ZIP 28804 is considered very affordable for renters. At $1,683/mo, rent takes approximately 23% of the local median household income ($88,312/yr). The standard benchmark is 30%. ZIP 28804 falls comfortably within that range.

What percentage of ZIP 28804 residents rent vs. own?

According to Census data, approximately 28.9% of ZIP 28804 households are renters, while 71.1% are owner-occupied. ZIP 28804 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28804 compare to the rest of Asheville?

ZIP 28804 is more affordable than Asheville overall. At $1,683/mo, it's $5 below the Asheville citywide median of $1,688/mo.

When was rent data for ZIP 28804 last updated?

Rent data for ZIP 28804 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,683/mo, rent takes ~23% of ZIP 28804's median household income ($88,312/yr). The standard benchmark is 30%.

ZIP 28804 23%Benchmark 30%
State income tax4.5%
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