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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 $281,248, lower than the Texas average of $322,096.
The average cost of rent is $1,304/mo in Carlsbad, primarily driven by the current value of real estate in the Carlsbad area. In Carlsbad, 3.12% of households rent, and 56.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carlsbad is $6,887 per month. Households that rent pay about 18.94% of their income on rent here. Carlsbad’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orient, TX: less expensive homes
- Water Valley, TX: higher priced homes
- Grape Creek, TX: less expensive homes
- Harriet, TX: less expensive homes
- Tennyson, TX: less expensive homes
- Miles, TX: less expensive homes
- Mereta, TX: less expensive homes
- Rowena, TX: less expensive homes
- Ballinger, TX: less expensive homes
- Bethel, TX: less expensive homes
Cities with Similar Populations
- Haxtun, CO: less expensive homes
- Loughman, FL: equally priced homes
- Loda, IL: less expensive homes
- Le Roy, MN: less expensive homes
- Lake Park, IA: less expensive homes
- La Harpe, IL: less expensive homes
- Killian, LA: equally priced homes
- Huntington Bay, NY: higher priced homes
- Hebron, ME: less expensive homes
- Randolph, MN: higher priced homes
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