Property Prices in Asheville, NC, United States

Index Info
Price to Income Ratio: 5.30
Mortgage as Percentage of Income: 40.42%
Loan Affordability Index: 2.47
Price to Rent Ratio - City Centre: 19.57
Price to Rent Ratio - Outside of Centre: 8.02
Gross Rental Yield (City Centre): 5.11%
Gross Rental Yield (Outside of Centre): 12.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,386.07 $ 1,100.00-1,800.00
Apartment (1 bedroom) Outside of Centre 989.62 $ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,295.00 $ 1,500.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 1,661.54 $ 1,250.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 529.88 $ 300.00-699.99
Price per Square Feet to Buy Apartment Outside of Centre 156.00 $ 85.00-250.00
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 4.55 3.50-5.00

These data are based on 127 entries in the past 18 months from 26 different contributors.
Last update: June 2021

Sources and References
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