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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.
Nearby Cities
- Carmel Valley, CA: less expensive homes
- Robles Del Rio, CA: equally priced homes
- Tassajara Hot Springs, CA: less expensive homes
- Spreckels, CA: less expensive homes
- Del Rey Oaks, CA: less expensive homes
- Carmel, CA: higher priced homes
- Seaside, CA: less expensive homes
- Carmel Highlands, CA: equally priced homes
- East Garrison, CA: less expensive homes
- Sand City, CA: less expensive homes
Cities with Similar Populations
- Cabazon, CA: less expensive homes
- Butler, AL: less expensive homes
- Sells, AZ: less expensive homes
- Gerrardstown, WV: less expensive homes
- Sumac, GA: less expensive homes
- Freeport, MI: less expensive homes
- East Canton, OH: less expensive homes
- Toomsuba, MS: less expensive homes
- Cumberland, VA: less expensive homes
- Craigsville, VA: less expensive homes
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