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These days, finding an affordable place to live in the San Carlos area can be challenging. Home prices in San Carlos are now at a median cost of $1,966,944, higher than the California average of $812,006.
The average cost of rent is $3,060/mo in San Carlos, primarily driven by the current value of real estate in the San Carlos area. In San Carlos, 31.01% of households rent, and 27.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in San Carlos is $18,883 per month. Households that rent pay about 16.20% of their income on rent here. San Carlos’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belmont, CA: equally priced homes
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- Foster City, CA: less expensive homes
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- San Mateo, CA: less expensive homes
- Atherton, CA: equally priced homes
- Highlands-Baywood Park, CA: equally priced homes
- Menlo Park, CA: less expensive homes
- Hillsborough, CA: equally priced homes
Cities with Similar Populations
- Milford, OH: less expensive homes
- Pueblo West, CO: less expensive homes
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- Paradise Hills, NM: less expensive homes
- Palm City, FL: less expensive homes
- Orangevale, CA: less expensive homes
- Niles, IL: less expensive homes
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