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City · 7,897 residents · Transylvania County, North Carolina

Brevard , North Carolina

In Brevard, a typical home is worth $450,000 and typical rent is $979 a month. Compared with all of Transylvania County, the typical home value is 20% higher, typical household income is 18% lower, and the share of households that own their home is 24 points lower.

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  • Typical home value

    $450,000

    20% above the county

    56% above North Carolina

    • Brevard
    • Transylvania
    • North Carolina

  • Typical rent

    $979a month

    About the same as the county

    20% below North Carolina

    • Brevard
    • Transylvania
    • North Carolina

  • Typical household income

    $54,103a year

    18% below the county

    25% below North Carolina

    • Brevard
    • Transylvania
    • North Carolina

  • Households that own their home

    51%

    24 points below the county

    16 points below North Carolina

    • Brevard
    • Transylvania
    • North Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$451,390
2.1% less than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Brevard is in Transylvania County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Transylvania County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Brevard apart

What this place has that others do not, from public data, most unusual first.

  1. 51% of households in Brevard own their home, against 75% in Transylvania County.

  2. Nearby, in East Flat Rock, the typical home value is $245,900: 45% less than in Brevard ($450,000).

  3. The typical home in Brevard is worth $450,000, 20% more than in Transylvania County as a whole ($373,600).

  4. The typical household income in Brevard is $54,103, 18% less than in Transylvania County as a whole ($66,184).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Brevard

What homes there are in Brevard, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Brevard, but it weighs less than in Transylvania County: 63% against 75%.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

By rent, most homes in Brevard cost less than HUD's 2-bedroom fair market rent ($1,386): about 68%.

With a mortgage

$1,609 a month

Transylvania County: $1,569 a month

Without a mortgage

$597 a month

Transylvania County: $460 a month

Owners with a mortgage

55%

Transylvania County: 47%

The typical cost for an owner with a mortgage in Brevard is $1,609 a month, near the figure in Transylvania County ($1,569).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Brevard rose 94% since 2015–2019, more than in Transylvania County (68%).

Rent in Brevard moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBrevardTransylvania CountyNorth CarolinaUnited States
Rental vacancy Unreliable estimateUnreliable estimate7.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.3%0.9%
More than one person per room Unreliable estimate2.5%2.2%3.4%
People per household 1.882.232.442.53
Drive alone 65%74%72%69%
Carpool 14%11%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home 14%13%16%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 1.88 on average, against 2.23 in Transylvania County.

More people carpool to work in Brevard than in Transylvania County: 14% against 11%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Brevard?

A typical home costs more than the typical income allows

We start with a typical home in Brevard, worth $450,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 80% of the typical household income in Brevard, which is $54,103 a year. For that payment to be 28% of income, a household would need to earn about $154,008 a year.

The calculator's FHA and conventional loan limits are those of all of Transylvania County.

Your numbers

Local data
$

Starts at the typical home value in Brevard. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $15,750 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,594

at 7.18% · 30 years

Loan amount
$441,849
Total interest
$635,718
Paid off in
November 2056

Includes $7,599 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,262 a month

  • Tight

    $1,262 to $1,623 a month

  • Hard

    more than $1,623 a month

    Your payment · 80%

Compared with the typical household income in Brevard ($54,103 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,594
Principal & interest$2,993
Property tax$214
Home insurance$188
FHA mortgage insurance (MIP)$199

You need at least $15,750 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Brevard and Transylvania County

Brevard is in Transylvania County, North Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Brevard's own numbers

Typical home value
$450,000
Typical monthly rent
$979
Typical yearly household income
$54,103
Households that own their home
51%
Effective property tax rate
0.57%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Transylvania County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,386
Price change over 5 years (FHFA)
+70%
Homes in a high flood-risk zone
2.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Transylvania County.

Everything about Transylvania County

Buying

Buying a home in Brevard

A typical home in Brevard is worth $450,000: 20% above the county and 56% above North Carolina. With the typical household income in Brevard ($54,103 a year), a typical home costs 8.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Brevard 8.3 years
  • Transylvania 5.6 years
  • North Carolina 4.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Transylvania County

According to FHFA’s house price index, home prices in Transylvania County rose 128% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Transylvania County.

Period County North Carolina U.S.
Last year (2025) +6.4% +2.5% +2.9%
5 years (2020–2025) +70% +60% +47%
10 years (2015–2025) +128% +107% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Brevard next to Transylvania County, North Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Brevard $450,000
  • Transylvania $373,600
  • North Carolina $288,900
  • United States $332,700
Typical monthly rent
  • Brevard $979
  • Transylvania $967
  • North Carolina $1,228
  • United States $1,413
Typical yearly household income
  • Brevard $54,103
  • Transylvania $66,184
  • North Carolina $72,388
  • United States $80,734
See the full table
Brevard next to Transylvania County and North Carolina
Measure Brevard Transylvania County North Carolina U.S.
Typical home value $450,000 $373,600 $288,900 $332,700
Typical monthly rent $979 $967 $1,228 $1,413
Typical yearly household income $54,103 $66,184 $72,388 $80,734
Households that own their home 51% 75% 67% 65%
Typical yearly property tax $2,555 $1,674 $1,896 $3,119
Effective property tax rate 0.57% 0.45% 0.66% 0.94%
Renters with high rent for their income 47% 48% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Transylvania County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Brevard

For a typical $450,000 home in Brevard, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Brevard's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,594a month

    Least cash to close
    Down payment
    $15,750
    Cash to close
    $29,250
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $199

  • Conventional, 5% down $3,511a month

    Down payment
    $22,500
    Cash to close
    $36,000
    Rate
    7.18%
    Mortgage insurance
    PMI · $214

  • Conventional, 20% down, no PMI $2,840a month

    Down payment
    $90,000
    Cash to close
    $103,500
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,256a month

    Down payment
    $67,500
    Cash to close
    $81,000
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Brevard and for Transylvania County.

Property tax

Effective rate in Brevard

0.57%of the home’s value each year

$2,555 a year for the typical owner in Brevard.

  • Brevard 0.57%
  • Transylvania 0.45%
  • North Carolina 0.66%

What North Carolina publishes Elderly or Disabled Homestead Exclusion (North Carolina General Assembly (statute))

Exemptions and deadlines in North Carolina

Flood risk in Transylvania County

FEMA does not publish these numbers by city: they are for all of Transylvania County.

Homes in the high-risk zone
2.9%
517
Of those, with NFIP insurance
28%
County North Carolina U.S.
Homes in the high-risk zone 2.9% 2.8% 3.5%
Of those, with NFIP insurance 28% 53% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Brevard

Typical rent in Brevard is $979 a month: about the same as the county. In Brevard, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Transylvania County, by unit size. To pay the 2-bedroom one ($1,386 a month) without spending more than 30% of your income, you would need to earn $26.65 an hour working full time.

HUD fair market rent for all of Transylvania County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,111 $21.37 $44,440
1 bedroom $1,118 $21.50 $44,720
2 bedrooms $1,386 $26.65 $55,440
3 bedrooms $1,781 $34.25 $71,240
4 bedrooms $2,097 $40.33 $83,880

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Brevard

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Brevard is in ZIP code 28712.

For 2 bedrooms it is $1,430: $44 more than the fair market rent for Transylvania County ($1,386).

  • 28712 $1,430$1,840

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Brevard when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Brevard

HUD lists 8 buildings with rents for lower incomes in Brevard. These are the largest.

  • Balsam/Beech/Cedar Crest 520 Whitmire St, Brevard 28712 163 low-income homes · Run by Brevard Housing Authority · Average payment: $532 a month · Average wait: 13 months · Homes at several sites (828) 239-3513
  • Broad River Terrace 51 Kimzey Cir, Brevard 28712 62 low-income homes · 1 bd: 8 · 2 bd: 36 · 3 bd: 18 · In service since 2011 · For families
  • Cottages at Brevard 15 Pender Ln, Brevard 28712 48 low-income homes · 1 bd: 28 · 2 bd: 12 · In service since 2013 · For older adults
  • Balsam Grove Apts. 96/104 Magnolia ST, Brevard 28712 40 low-income homes · For families (828) 884-3648
  • English Hills 15 Locks Dr, Brevard 28712 40 low-income homes · 1 bd: 4 · 2 bd: 24 · 3 bd: 12 · In service since 2006 · For people with disabilities, families, people experiencing homelessness

See all 8 buildings in Transylvania County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Brevard

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Transylvania County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Brevard

No down payment, repair or rent-help program on our list is for Brevard or Transylvania County. The ones below are statewide in North Carolina: they work in Brevard the same as in the rest of the state.

Which programs do I qualify for? All programs in North Carolina

  • NC Home Advantage Mortgage

    Statewide in North Carolina

    NCHFA fixed-rate mortgage with down payment assistance, for first-time buyers and for people who have owned a home before, in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Forgivable

    See the program Official page

  • NC 1st Home Advantage Down Payment

    Statewide in North Carolina

    A fixed amount of NCHFA down payment assistance for first-time buyers and veterans in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Type not stated

    See the program Official page

  • Community Partners Loan Pool (CPLP)

    Statewide in North Carolina

    NCHFA interest-free loan with deferred payments of up to 25% of the price (maximum $50,000) for the down payment of low- and moderate-income buyers in North Carolina; you apply through a member organization. Offered by North Carolina Housing Finance Agency (NCHFA).

    Deferred

    See the program Official page

Housing counselors near Brevard

The HUD-approved agencies closest to the center of Brevard, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Mountain Projects, Inc.

    2177 Asheville Rd, Waynesville · 22 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (828) 452-1447

  • Consumer Credit Counseling Service of Wnc, Inc. - DBA - Ontrack Financial Education & Counseling

    50 S French Broad Ave, Asheville · 26 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (828) 255-5166

  • Cleveland County Community Development Corporation

    823 W Warren St, Shelby · 66 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (704) 480-7701

All counseling agencies in North Carolina

Help in Spanish near Brevard

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Brevard

HUD’s record names them for Brevard or Transylvania County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in North Carolina Source: HUD

Cities

Nearby cities

The cities closest to Brevard, with the typical home value.

Everything about Transylvania County Housing in North Carolina

Neighboring counties

If Transylvania County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Brevard.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Brevard

Short answers with the numbers for Brevard and all of Transylvania County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Brevard?

The typical home value in Brevard is $450,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Transylvania County it is $373,600.

How much does it cost to rent in Brevard?

Typical rent in Brevard is $979 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Transylvania County is $1,386.

What is the FHA loan limit in Brevard?

Brevard uses the FHA limit for all of Transylvania County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Brevard?

The typical homeowner in Brevard pays $2,555 a year, according to the U.S. Census Bureau. That is 0.57% of the home’s value; in Transylvania County, the rate is 0.45%.

Where can I find free help to buy or rent in Brevard?

We found no HUD-approved counseling agencies with an office in Transylvania County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).