Apartments & Condos for Rent in Asheboro, NC

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What to Know About

Life in Asheboro & Beyond

Asheboro shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Asheboro, NC

As of April 2025, Asheboro's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Asheboro's average rent is 30.6% ($495) lower than the North Carolina average of $1,618 and 37.6% ($676) lower than the U.S. average of $1,799.

Average Rent
$1,123
Monthly ChangeMonth Over Month Change
Decreased7.3% ($88)
Yearly ChangeYear Over Year Change
Increased10.2% ($104)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $990 Increased2.8% ($27) Increased19.9% ($164)
2 Beds $1,286 Increased1.7% ($21) Increased13.3% ($151)
3 Beds $1,598 Decreased1.1% ($18) Increased5.8% ($88)
Nearby Cities Average Rent Avg. Rent vs. AsheboroAverage Rent vs. Asheboro Avg. Days on MarketAverage Days on Market
Liberty $1,622 Increased44.4% ($499) 35 days
Thomasville $983 Decreased12.5% ($140) 35 days
High Point $1,350 Increased20.2% ($227) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Asheboro Rental Market FAQs

Explore rental prices, market trends, and availability in Asheboro, NC.

The average rent in Asheboro, NC is $1,123 per month.
Apartments in Asheboro typically rent for between $693 and $2,077 per month, with an average of $1,123 per month.
In Asheboro, the average rent for a 1-bedroom apartment is $990 per month, for a 2-bedroom apartment, $1,286 per month, and a 3-bedroom apartment is $1,598 per month.
The average rent in Asheboro is 37.6% ($676) lower than the national average of $1,799 per month.
The average rent in Asheboro has decreased by 7.3% ($88) in the last month and increased by 10.2% ($104) over the past year.
The rental market in Asheboro, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Asheboro, NC, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 30 rental properties available in Asheboro, NC.
Based on the current averages, a household would need an annual income of $51,440 to comfortably afford a 2-bedroom apartment in Asheboro.
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