Property Prices in Asheville, NC, United States

Index Info
Price to Income Ratio: 4.83
Mortgage as Percentage of Income: 37.09%
Loan Affordability Index: 2.70
Price to Rent Ratio - City Centre: 16.25
Price to Rent Ratio - Outside of Centre: 8.07
Gross Rental Yield (City Centre): 6.15%
Gross Rental Yield (Outside of Centre): 12.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,436.25 $ 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,003.82 $ 750.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,511.54 $ 1,800.00-3,800.00
Apartment (3 bedrooms) Outside of Centre 1,655.88 $ 1,300.00-2,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 467.08 $ 220.00-699.99
Price per Square Feet to Buy Apartment Outside of Centre 158.00 $ 95.00-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,480.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.62 4.00-5.00

These data are based on 146 entries in the past 18 months from 28 different contributors.
Last update: February 2021

Sources and References
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