Much like nearby areas, it is somewhat less expensive compared to the entire nation. However compared to the city of Chico, it's substantially less expensive.
Home prices
Tehama's median home value is $167,000. This is approximately $2,100 (1%) higher in comparison to its surrounding areas.It is approximately $50,500 (23%) lower in comparison to the rest of the country, and compared to the city of Chico it is approximately $160,700 (49%) lower.
Rents
In Tehama the median monthly rent is $794. Compared to its nearby areas it is roughly $112 (12%) lower.In comparison to the nation as a whole it is about $268 (25%) lower, and compared to the city of Chico it is about $306 (27%) lower.
Nearby places
Los Molinos
Los Molinos is approximately 1 mile east from Tehama. Its housing prices are a bit less expensive. The median home cost in Los Molinos is $154,700, which comes out to $12,300 (7%) lower than Tehama. Its rents are somewhat more expensive. The median monthly rent in Los Molinos is $1,061, which is $267 (25%) higher than Tehama.
Gerber
Gerber is about 2 miles north of Tehama. Housing prices there are a lot less expensive. Gerber's median home price is $122,800, which is $44,200 (35%) lower than Tehama. Its rents are a little less expensive. Gerber's median monthly rent is $693, which works out to $101 (14%) lower than Tehama.
Richfield
Richfield is roughly 3 miles southwest from Tehama. Its real estate prices are a bit more expensive. The median home in Richfield costs $205,000, which is $38,000 (18%) higher than Tehama. Its rents are a little more expensive. In Richfield the median monthly rent is $1,075, which is $281 (26%) higher than Tehama.
Corning
Corning is about 6 miles south from Tehama. Its housing prices are pretty similar. Corning's median home value is $167,700, which is very similar to Tehama. Rents there are fairly similar. In Corning the median monthly rent is $832, which is $38 (4%) higher than Tehama.
Red Bluff
Red Bluff is roughly 11 miles northwest of Tehama. The housing prices there are similar. Red Bluff's median home price is $174,300, which is $7,300 (4%) higher than Tehama. Rent there is a bit more expensive. The median rent in Red Bluff is $867 per month, which is $73 (8%) higher than Tehama.
