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 $105,566, lower than the Georgia average of $231,203.
The average cost of rent is $980/mo in Carmel, primarily driven by the current value of real estate in the Carmel area. While nearly 64.57% of residents own their homes outright in Carmel, 8.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carmel is $5,181 per month. Households that rent pay about 18.92% of their income on rent here. Carmel's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Haralson, GA: higher priced homes
- Pedenville, GA: higher priced homes
- Digbey, GA: higher priced homes
- Gay, GA: higher priced homes
- Senoia, GA: higher priced homes
- Concord, GA: higher priced homes
- Brooks, GA: higher priced homes
- Rocky Mount, GA: higher priced homes
- Williamson, GA: higher priced homes
- Vaughn, GA: higher priced homes
Cities with Similar Populations
- Brockway, MT: higher priced homes
- Woodington, OH: higher priced homes
- Belvoir, VA: higher priced homes
- Happy Creek, VA: higher priced homes
- Hardwood, LA: higher priced homes
- Between, GA: higher priced homes
- Harlan Crossroads, KY: higher priced homes
- Bible Grove, MO: higher priced homes
- Harmon, OK: higher priced homes
- Wisdom, MT: higher priced homes
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