Property Prices in Asheville, NC, United States

Index
Price to Income Ratio:	4.83
Mortgage as Percentage of Income:	37.03%
Loan Affordability Index:	2.70
Price to Rent Ratio - City Centre:	16.82
Price to Rent Ratio - Outside of Centre:	8.33
Gross Rental Yield (City Centre):	5.94%
Gross Rental Yield (Outside of Centre):	12.01%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,366.47 $	1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre	980.84 $	750.00-1,200.00
Apartment (3 bedrooms) in City Centre	2,473.33 $	1,800.00-3,800.00
Apartment (3 bedrooms) Outside of Centre	1,585.29 $	1,300.00-2,400.00
Buy Apartment Price	[ Edit ]
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	[ Edit ]
Average Monthly Net Salary (After Tax)	3,485.22 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.62	4.00-5.00

These data are based on 148 entries in the past 18 months from 28 different contributors.
Last update: October 2020

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