Property Prices in Asheville, NC, United States

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Index
Price to Income Ratio:	4.47
Mortgage as Percentage of Income:	40.49%
Loan Affordability Index:	2.47
Price to Rent Ratio - City Centre:	7.77
Price to Rent Ratio - Outside of Centre:	9.18
Gross Rental Yield (City Centre):	12.87%
Gross Rental Yield (Outside of Centre):	10.90%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	2,211.11 $	1,500.00-3,000.00
Apartment (1 bedroom) Outside of Centre	1,581.25 $	1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre	3,875.00 $	2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	2,833.33 $	2,500.00-3,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	344.15 $	250.00-482.46
Price per Square Feet to Buy Apartment Outside of Centre	293.49 $	200.00-380.50
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,840.92 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.66	5.00-7.80

These data are based on 88 entries in the past 18 months from 20 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Greenville, South Carolina	62.95 miles
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Property Prices in Knoxville, Tennessee	115.48 miles
Property Prices in Charlotte, North Carolina	130.35 miles
Property Prices in Gainesville, Georgia	144.07 miles
Property Prices in Winston-Salem, North Carolina	145.12 miles
Property Prices in Columbia, South Carolina	157.85 miles
Property Prices in Buford, Georgia	161.90 miles
Property Prices in Athens, Georgia	162.89 miles
Property Prices in Winder, Georgia	169.69 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	64,600.00
GDP Growth Rate:	1.94%
Population Growth Rate:	0.68%