Property Prices in Asheville, NC, United States

Index Info
Price to Income Ratio: 4.59
Mortgage as Percentage of Income: 41.18%
Loan Affordability Index: 2.43
Price to Rent Ratio - City Centre: 7.51
Price to Rent Ratio - Outside of Centre: 9.06
Gross Rental Yield (City Centre): 13.32%
Gross Rental Yield (Outside of Centre): 11.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,050.00 $ 1,500.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,637.50 $ 1,500.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,071.43 $ 3,000.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,962.50 $ 2,500.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 326.47 $ 299.98-482.46
Price per Square Feet to Buy Apartment Outside of Centre 301.47 $ 299.98-380.50
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,681.79 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 5.00-7.00

These data are based on 100 entries in the past 18 months from 29 different contributors.
Last update: March 2025

Sources and References
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