Asheville, NC · North Carolina
Buncombe County
ZIP 28748
271,790 residents1,806 permits TTM$70,578 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$360,000
ACS 5-Year
Cap rate proxy
4.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.8%
HUD FMR ÷ ACS HHI
Net migration
+2.47%
IRS SOI
Permits (TTM)
1,806
Census BPS
Climate risk
89.3
FEMA NRI (0–100)
ZIP 28748
Median home value
—
Gross yield
—
Buy Box score
0.2
Section 8 gap
—
Affordability
P/I: 6.0R/I: 25.5%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 28715 | — | — | — | 5.5% | — |
| 28806 | — | — | — | 5.5% | — |
| 28711 | — | — | — | 4.8% | — |
| 28803 | — | — | — | 4.6% | — |
| 28704 | — | — | — | 4.5% | — |
| 28709 | — | — | — | 4.5% | — |
| 28805 | — | — | — | 4.4% | — |
| 28757 | — | — | — | 4.3% | — |
| 28770 | — | — | — | 4.3% | — |
| 28748 | — | — | — | 4.3% | — |
| 28778 | — | — | — | 4.3% | — |
| 28787 | — | — | — | 4.2% | — |
| 28804 | — | — | — | 4.0% | — |
| 28801 | — | — | — | 3.7% | — |
| 28701 | — | — | — | 3.7% | — |
| 28730 | — | — | — | 3.0% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
64.4%
Census ACS
Vacancy rate
22.3%
Census ACS
Bachelor's degree +
44.6%
Census ACS
Rent burdened
48.9%
Census ACS (>30% income)
Median age
42.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026