The Most Affordable Neighborhoods in Historic Montford, Asheville, NC by Home Value

 

Historic Montford, Asheville, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Historic Montford area can be challenging. Home prices in Historic Montford are now at a median cost of $451,963, higher than the Asheville average of $307,196.

The average cost of rent is $879/mo in Historic Montford, primarily driven by the current value of real estate in the Historic Montford area. While nearly 36.07% of residents own their homes outright in Historic Montford, 59.14% rent.

Housing affordability isn’t just about home prices, though. The average household income in Historic Montford is $3,754 per month. Households that rent pay about 23.42% of their income on rent here. Historic Montford's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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