Asheville
North Carolina · Ranked #267 of 373 metros
61Moderate
💡
Housing in Asheville costs 5.87× the median income, above the national average of 4.5×. The median home price is $399K and median rent is $1,286/month. Asheville ranks #267 of 373 metros for affordability.
Median Home Price
🏠$399K
Need $118K income
Median Rent
🔑$1,286
Need $51K income
Building Permits
🔨5,378
annual
Median Income
💰$68K
Pop: 416,835
Rent Burden
⚠️19.0%
of renters paying >30%
Homeownership
🏡69.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Asheville | National |
|---|---|---|
| Price-to-Income Ratio | 5.87x | 6.1x |
| Rent Burden | 19.0% | 31.5% |
| Homeownership Rate | 69.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +66.3%Since 2000: +265.5%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,227/mo
1 Bedroom$1,429/mo
2 Bedroom$1,567/mo
3 Bedroom$1,905/mo
4 Bedroom$2,629/mo
Zillow Market Data
Home Value (ZHVI)
$415K
1yr: -4.0%5yr: +32.2%
Rent (ZORI)
$1,757/mo
1yr: -0.6%5yr: +32.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$357K
Active Inventory
194
Days on Market
144
Sold Above List
7.4%
Price Drops
17.0%