Rent to own Homes in Asheville, NC
An oasis deep in the Blue Ridge Mountains of North Carolina, Asheville boasts landmarks such as the historic Biltmore Estate, as well as the popular Omni Grove Park Inn Resort. The city is home to approximately 84,458 residents who enjoy beautiful mountain living in a gracious urban city with a small-town atmosphere.
Asheville, NC is a great place for affordable rent-to-own homes! With a median household income of over $53,621 and a median rent of $1,084, the Asheville, NC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Asheville, NC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Asheville, NC Property Resources
Rent to own Homes in Cities Near Asheville, NC
- Alexander
- Arden
- Asheville
- Avery Creek
- Balfour
- Barker Heights
- Barnardsville
- Bent Creek
- Biltmore Forest
- Black Mountain
- Brevard
- Candler
- Canton
- Chimney Rock Village
- Dana
- East Flat Rock
- Edneyville
- Emma
- Etowah
- Flat Rock
- Fletcher
- Fruitland
- Gerton
- Hendersonville
- Hoopers Creek
- Horse Shoe
- Lake Lure
- Laurel Park
- Leicester
- Marshall
- Mars Hill
- Mill Spring
- Mills River
- Montreat
- Mountain Home
- Old Fort
- Penrose
- Pisgah Forest
- Royal Pines
- Swannanoa
- Valley Hill
- Weaverville
- West Canton
- Woodfin
- Zirconia
Neighborhoods in Asheville, NC
Chunn's Cove rent to own homes Historic Biltmore Village rent to own homes Parkway Forest rent to own homes Beverly Hills rent to own homes Oakley rent to own homes Sondley Estates rent to own homes Cloister Condominiums rent to own homes Park Avenue rent to own homes Redwood Forest rent to own homes Haw Creek rent to own homesBuying a Home in Asheville, NC
Asheville, NC is seeing rapid growth and Asheville, NC's' housing market remains not optimal with an average home price that is 34% above the 2024 national average. Asheville, NC is part of Buncombe county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Buncombe is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Asheville, NC
Median Rent in Asheville, NC
Top Reasons to Live in Asheville NC
Asheville Housing Statistics As of August 2013, the median sale price for an Asheville home was $223,600, an increase of 13.6% over same period last year. Of those properties sold, 68.7% were single-family homes, while 13.2% were condominiums and 18.1% were other property types. Among all Asheville homes, 56.3% are owned and 43.7% are rented or are considered rent to own homes. The annual residential turnover is 19.95%.
Restaurants Located in a historic barn that's part of the Biltmore Estate, the Deerpark Restaurant offers traditional regional fare. Menu items for their famed Sunday brunch include crawfish etouffee benedict, praline pecan French toast and white whiskey cured salmon gravlax.
Shopping Asheville is home to two large shopping malls and several shopping centers. Asheville Mall is the largest shopping center in western North Carolina and includes retail favorites, as well as plenty of snack bars and restaurants. There's also a convenient playground for the kids. The Biltmore Square Mall has more than 60 stores, in addition to a movie theater and a popular food court.
Asheville Festivals Bele Chere: Held every July, this three-day street event is Asheville's premier music festival
Arts and Culture Asheville boasts a large number of local art galleries, thanks to the many artists who make Asheville their home. It also has a number of performance venues which feature year-round dance and theatrical performances, from both local and national touring companies.