The Most Affordable Neighborhoods in Biltmore Forest, NC by Home Value

 

Biltmore Forest, NC Map of Most Affordable Neighborhoods
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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 $954,063, higher than the North Carolina average of $226,477.

The average cost of rent is $1,171/mo in Biltmore Forest, primarily driven by the current value of real estate in the Biltmore Forest area. While nearly 51.49% of residents own their homes outright in Biltmore Forest, 17.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Biltmore Forest is $12,894 per month. Households that rent pay about 9.08% of their income on rent here. Biltmore Forest's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.


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