Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Carmel-By-The-Sea area can be challenging. Home prices in Carmel-By-The-Sea are now at a median cost of $1,856,999, higher than the California average of $812,006.
The average cost of rent is $2,714/mo in Carmel-By-The-Sea, primarily driven by the current value of real estate in the Carmel-By-The-Sea area. In Carmel-By-The-Sea, 38.57% of households rent, and 60.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carmel-By-The-Sea is $10,750 per month. Households that rent pay about 25.25% of their income on rent here. Carmel-By-The-Sea’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carmel, CA: equally priced homes
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