Home prices
Shasta Lake's median home value is $183,000. Compared to its nearby areas this is approximately $97,100 (34%) lower.It is approximately $34,500 (15%) lower in comparison to the entire country, and it is roughly $144,700 (44%) lower compared to the city of Chico.
Rents
The median rent in Shasta Lake is $1,118 per month. In comparison to other places in this area this is roughly $147 (11%) lower.In comparison to the US as a whole it is about $56 (5%) higher, and in comparison to the city of Chico it is about $18 (1%) higher.
Nearby places
Mountain Gate
Mountain Gate is Shasta Lake's neighbor to the northeast. Its real estate prices are significantly less expensive. Mountain Gate's median home price is $119,800, which is $63,200 (52%) lower than Shasta Lake. Rents there are somewhat less expensive. In Mountain Gate the median rent is $882 per month, which comes out to $236 (26%) lower than Shasta Lake.
Redding
Redding is Shasta Lake's neighbor to the south. The housing prices there are a bit more expensive. Redding's median home cost is $264,900, which works out to $81,900 (30%) higher than Shasta Lake. Rents there are pretty similar. The median rent in Redding is $1,075 per month, which works out to $43 (4%) lower than Shasta Lake.
Bella Vista
Bella Vista is roughly 6 miles east from Shasta Lake. Housing prices there are a lot more expensive. The value of the median home in Bella Vista is $320,500, which comes out to $137,500 (42%) higher than Shasta Lake. Rent there is somewhat more expensive. The median rent in Bella Vista is $1,344 per month, which comes out to $226 (16%) higher than Shasta Lake.
Shasta
Shasta is approximately 7 miles southwest from Shasta Lake. The housing prices there are substantially more expensive. The median home in Shasta is valued at $327,000, which is $144,000 (44%) higher than Shasta Lake. Rent there is a little more expensive. Shasta's median rent is $1,217 per month, which is $99 (8%) higher than Shasta Lake.
Palo Cedro
Palo Cedro is roughly 10 miles southeast from Shasta Lake. Its real estate prices are significantly more expensive. The median home in Palo Cedro is valued at $368,300, which comes out to $185,300 (50%) higher than Shasta Lake. The rent there is a lot more expensive. The median monthly rent in Palo Cedro is $1,806, which comes out to $688 (38%) higher than Shasta Lake.
