The Most Affordable Neighborhoods in Carmel Valley Village, CA by Home Value

 

Carmel Valley Village, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Carmel Valley Village area can be challenging. Home prices in Carmel Valley Village are now at a median cost of $1,375,037, higher than the California average of $812,006.

The average cost of rent is $2,481/mo in Carmel Valley Village, primarily driven by the current value of real estate in the Carmel Valley Village area. In Carmel Valley Village, 16.83% of households rent, and 30.02% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Carmel Valley Village is $12,541 per month. Households that rent pay about 19.79% of their income on rent here. Carmel Valley Village’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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