Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Asheville area can be challenging. Home prices in Asheville are now at a median cost of $307,196, higher than the North Carolina average of $226,477.
The average cost of rent is $1,126/mo in Asheville, primarily driven by the current value of real estate in the Asheville area. While nearly 40.90% of residents own their homes outright in Asheville, 42.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Asheville is $4,999 per month. Households that rent pay about 22.53% of their income on rent here. Asheville's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Biltmore Forest, NC: higher priced homes
- Woodfin, NC: higher priced homes
- Oak Forest, NC: higher priced homes
- Avery Creek, NC: less expensive homes
- Arden, NC: equally priced homes
- Candler, NC: less expensive homes
- Swannanoa, NC: less expensive homes
- Alexander, NC: less expensive homes
- Fairview, NC: less expensive homes
- Summerhaven, NC: less expensive homes
Cities with Similar Populations
- Stafford, VA: higher priced homes
- Staten Island, NY: higher priced homes
- Springfield, MO: less expensive homes
- Snellville, GA: less expensive homes
- St. Charles, MO: less expensive homes
- Pittsburgh, PA: less expensive homes
- Plant City, FL: less expensive homes
- Pasadena, TX: less expensive homes
- Pharr, TX: less expensive homes
- Plainfield, IL: equally priced homes
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