Expensive
Affordable
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These days, finding an affordable place to live in the Biltmore Forest area can be challenging. Home prices in Biltmore Forest are now at a median cost of $1,296,945, higher than the North Carolina average of $323,314.
The average cost of rent is $1,564/mo in Biltmore Forest, primarily driven by the current value of real estate in the Biltmore Forest area. In Biltmore Forest, 5.84% of households rent, and 50.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Biltmore Forest is $13,787 per month. Households that rent pay about 11.34% of their income on rent here. Biltmore Forest’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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