Rentometer, Inc. | Data as of 10/24/2025
Mills River, nestled in the foothills of North Carolina’s Blue Ridge Mountains, offers a vibrant rental market that blends small‑town charm with easy access to outdoor recreation and nearby urban amenities. Renters appreciate the variety of options, from spacious three‑bedroom apartments that comfortably sit in the $2200‑$2300 range to larger four‑plus‑bedroom units priced around the $2700s, making the area appealing for families, professionals, and remote workers alike. For those seeking a more traditional home setting, three‑bedroom houses are also available at comparable price points, reflecting the community’s balanced mix of modern living spaces and classic residential styles.
The town’s proximity to natural attractions such as Pisgah National Forest, Lake Lure, and the scenic French Broad River provides residents with endless opportunities for hiking, fishing, and kayaking. Conveniently located just a short drive from the vibrant downtowns of Hendersonville and Asheville, Mills River benefits from a thriving local economy, excellent schools, and a growing culinary scene that features farm‑to‑table restaurants and cozy coffee shops. Neighborhoods like River Bend and Mills River Estates are especially popular, offering well‑maintained streets, community parks, and a welcoming atmosphere that fosters a strong sense of belonging.
Whether you’re drawn to the serene mountain backdrop, the convenient commute to larger employment hubs, or the diverse housing choices that cater to a range of lifestyles, Mills River stands out as a desirable destination for renters seeking quality living in a picturesque North Carolina setting. The rental market’s balance of affordability and amenities makes it an attractive choice for both new arrivals and long‑time residents.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 3 Bedroom | $2,350 | $2,250 | $2,250 - $2,550 | $2,250 - $2,550 |
| Apartment | 4+ Bedroom | $2,783 | $2,750 | $2,750 - $2,850 | $2,750 - $2,850 |
| House | 3 Bedroom | $2,748 | $2,650 | $2,600 - $2,995 | $2,600 - $2,995 |
In the current period, the average rent in Mills River was $2,549 for 3 Bedroom, and $2,783 for 4+ Bedroom.
Data provided by Rentometer, Inc.