
Home Price Key
These days, finding an affordable place to live in the Carlsbad area can be challenging. Home prices in Carlsbad are now at a median cost of $165,501, lower than the New Mexico average of $199,923.
The average cost of rent is $1,127/mo in Carlsbad, primarily driven by the current value of real estate in the Carlsbad area. While nearly 54.34% of residents own their homes outright in Carlsbad, 27.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carlsbad is $5,957 per month. Households that rent pay about 18.92% of their income on rent here. Carlsbad's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Carlsbad North, NM: higher priced homes
- La Huerta, NM: higher priced homes
- Otis, NM: equally priced homes
- West Carlsbad, NM: equally priced homes
- Seven Rivers, NM: higher priced homes
- Oil Center, NM: less expensive homes
- Eunice, NM: less expensive homes
- Frankel City, TX: higher priced homes
- Florey, TX: higher priced homes
- Andrews, TX: equally priced homes
Cities with Similar Populations
- Shrewsbury, MA: higher priced homes
- East Meadow, NY: higher priced homes
- Fenton, MO: higher priced homes
- Grass Valley, CA: higher priced homes
- Manitowoc, WI: less expensive homes
- Rock Island, IL: less expensive homes
- Sahuarita, AZ: higher priced homes
- Severn, MD: higher priced homes
- Sewell, NJ: higher priced homes
- Adrian, MI: less expensive homes
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