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These days, finding an affordable place to live in the West Carlsbad area can be challenging. Home prices in West Carlsbad are now at a median cost of $213,448, lower than the New Mexico average of $265,486.
The average cost of rent is $1,524/mo in West Carlsbad, primarily driven by the current value of real estate in the West Carlsbad area. In West Carlsbad, 16.45% of households rent, and 50.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Carlsbad is $9,575 per month. Households that rent pay about 15.92% of their income on rent here. West Carlsbad’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carlsbad North, NM: higher priced homes
- Carlsbad, NM: equally priced homes
- La Huerta, NM: higher priced homes
- Otis, NM: higher priced homes
- Seven Rivers, NM: less expensive homes
- Oil Center, NM: less expensive homes
- Eunice, NM: less expensive homes
- Frankel City, TX: higher priced homes
- Florey, TX: higher priced homes
- Andrews, TX: equally priced homes
Cities with Similar Populations
- Hide-A-Way Hills, OH: higher priced homes
- Sweetland, CA: higher priced homes
- Sweet Home, TX: higher priced homes
- Swedesburg, IA: equally priced homes
- Swastika, NY: equally priced homes
- Suver, OR: higher priced homes
- Sunizona, AZ: less expensive homes
- Honey Creek, IN: less expensive homes
- Holland, GA: equally priced homes
- Hodgewood, AL: less expensive homes
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