Homes for Rent in 27203

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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 May 2025, Asheboro's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Asheboro's average rent is 33.0% ($525) lower than the North Carolina average of $1,593 and 40.4% ($725) lower than the U.S. average of $1,793.

Average Rent
$1,068
Monthly ChangeMonth Over Month Change
Decreased4.9% ($55)
Yearly ChangeYear Over Year Change
Increased9.1% ($89)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $987 Decreased0.3% ($3) Increased28% ($216)
2 Beds $1,236 Decreased3.9% ($50) Increased8.2% ($94)
3 Beds $1,588 Decreased0.6% ($10) Increased9.1% ($132)
Nearby Cities Average Rent Avg. Rent vs. AsheboroAverage Rent vs. Asheboro Avg. Days on MarketAverage Days on Market
Liberty $1,622 Increased51.9% ($554) 35 days
Thomasville $1,470 Increased37.6% ($402) 35 days
High Point $1,367 Increased28% ($299) 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 $1,068 per month.
Homes in Asheboro typically rent for between $691 and $2,064 per month, with an average of $1,068 per month.
In Asheboro, the average rent for a 1-bedroom home is $987 per month, for a 2-bedroom home, $1,236 per month, and a 3-bedroom home is $1,588 per month.
The average rent in Asheboro is 40.4% ($725) lower than the national average of $1,793 per month.
The average rent in Asheboro has decreased by 4.9% ($55) in the last month and increased by 9.1% ($89) 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 26 rental properties available in Asheboro, NC.
Based on the current averages, a household would need an annual income of $49,440 to comfortably afford a 2-bedroom home in Asheboro.
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