Affordable & Income-Based Housing in Asheville

Affordability

According to Census ACS 5-Year data (as of 2024), the median gross rent in Asheville is $1,402 per month and the median household income is $71,102 per year, with renters making up 48% of all households. Asheville's 19 HUD-assisted and income-based properties offer 1,242 units as an alternative for renters seeking costs below the local market rate.

Safety

According to FBI Crime Data Explorer, the Asheville Police Department reported a violent crime rate of 801 per 100,000 residents in 2024. Crime rates are not comparable across cities due to differences in reporting practices and local definitions.

Getting Around Asheville

According to Walk Score, the area around assisted properties in Asheville rates 26 (Car-Dependent) for walkability, 30 (Some Transit) for public transit, and 29 for bikeability. Most residents will find a personal vehicle helpful for daily errands.

Schools

According to NCES Common Core of Data, 35 schools across 8 districts serve Asheville, including 18 elementary, 5 middle, 11 high schools, and 1 other. Ratings and quality vary by school and district, so renters should check the assigned schools for a specific address before applying.

Cost of Renting in Asheville, NC

The median household income in Asheville is $71,102 per year, according to Census ACS 5-Year data. The median market rent is $1,402 per month, also per Census ACS 5-Year data, which can make affordable housing assistance meaningful for many renters in the city.

• Median household income: $71,102/year (Census ACS 5-Year)
• Median market rent: $1,402/month (Census ACS 5-Year)
• Renter households: 48% of occupied housing units (Census ACS 5-Year)
• HUD-assisted properties tracked: 19 buildings with 1,242 total units

Nearly half of Asheville residents rent their homes. The 19 HUD-assisted properties on Lease Lantern represent an important source of below-market housing for income-qualifying renters in this city.

Environment and Flood Risk

All 19 HUD-assisted properties in Asheville were mapped for flood zone exposure. None fall within a high-risk flood zone, according to flood data for these properties.