Mid-Term Rental Market Analytics & Investment Insights
Annual Revenue
$20,900
Based on 1121 full time Airbnb rentals
Average Monthly Rate
$1900
Gross Yield
4.52%
#61 in the USProperty Tax Rate
1%
Homes in Asheville have appreciated by 5.30%, with the median home value standing at $475699, according to Zillow.
There are currently 1121 active mid-term rentals in Asheville. The average monthly rate for these rentals is $1900. This translates to an annual revenue of $27170 for mid-term rentals.
Asheville is an investor-friendly location with mid-term rental regulations favorable to those looking to invest in mid-term rentals.
Average Monthly Rate Trend
$1900
Active Mid-Term Rentals
1121
The average gross yield for mid-term rentals in Asheville is 4.52%. However, potential investors should also consider the average property tax, which stands at 0.65% according to SmartAsset.
The median household income in Asheville is $58,231.
The unemployment rate in Asheville is 2.6%, which is lower than the national average of 3.9%.
The most popular property types in Asheville are 2-bedroom units, with an monthyl rents of $1900 and an annual revenue of $20900.
Let our agents guide you to the best mid-term rental investments in Asheville, NC