Property Prices in Asheville, NC, United States

Index Info
Price to Income Ratio: 5.15
Mortgage as Percentage of Income: 44.31%
Loan Affordability Index: 2.26
Price to Rent Ratio - City Centre: 10.24
Price to Rent Ratio - Outside of Centre: 9.87
Gross Rental Yield (City Centre): 9.77%
Gross Rental Yield (Outside of Centre): 10.14%
Rent Per Month
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1 Bedroom Apartment in City Centre $2,029.33 1,676.00-2,500.00
1 Bedroom Apartment Outside of City Centre $1,583.33 1,400.00-1,800.00
3 Bedroom Apartment in City Centre $3,184.00 2,064.00-6,000.00
3 Bedroom Apartment Outside of City Centre $2,446.00 1,730.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $396.90 302.95-433.85
Price per Square Feet to Buy Apartment Outside of Centre $296.44 295.43-302.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,621.73
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.01 5.00-6.20

These data are based on 85 entries from 18 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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