Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Carmel area can be challenging. Home prices in Carmel are now at a median cost of $1,257,557, higher than the California average of $648,235.
The average cost of rent is $2,272/mo in Carmel, primarily driven by the current value of real estate in the Carmel area. While nearly 44.01% of residents own their homes outright in Carmel, 27.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carmel is $9,699 per month. Households that rent pay about 23.43% of their income on rent here. Carmel's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Carmel-By-The-Sea, CA: higher priced homes
- Carmel Highlands, CA: less expensive homes
- Monterey, CA: less expensive homes
- Del Rey Oaks, CA: less expensive homes
- Del Monte Forest, CA: less expensive homes
- Sand City, CA: less expensive homes
- Pacific Grove, CA: less expensive homes
- Seaside, CA: less expensive homes
- Robles Del Rio, CA: equally priced homes
- Carmel Valley Village, CA: less expensive homes
Cities with Similar Populations
- Box Elder, SD: less expensive homes
- Scappoose, OR: less expensive homes
- Brookings, OR: less expensive homes
- Hebron, IN: less expensive homes
- Bridgeton, MO: less expensive homes
- Bridgeport, WV: less expensive homes
- Briarcliff Manor, NY: less expensive homes
- Breinigsville, PA: less expensive homes
- Pennsville, NJ: less expensive homes
- Brandenburg, KY: less expensive homes
All Local Stats
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