Home prices
The median home in Big Bear Lake is valued at $391,000. Compared to nearby areas this is approximately $115,200 (41%) higher.It is approximately $173,500 (79%) higher in comparison to the rest of the country, and it is approximately $245,900 (38%) lower in comparison to the city of Los Angeles.
Rents
The median rent in Big Bear Lake is $957 per month. In comparison to nearby areas this is about $131 (12%) lower.Compared to the rest of the nation it is about $105 (9%) lower, and is approximately $493 (34%) lower compared to the city of Los Angeles.
Nearby places
Big Bear City
Big Bear City is Big Bear Lake's neighbor to the east. Housing prices there are a lot less expensive. The value of the median home in Big Bear City is $257,200, which comes out to $133,800 (52%) lower than Big Bear Lake. Rent there is a bit more expensive. In Big Bear City the median rent is $1,113 per month, which works out to $156 (14%) higher than Big Bear Lake.
Running Springs
Running Springs is approximately 11 miles west of Big Bear Lake. The real estate prices there are a lot less expensive. The median home in Running Springs is valued at $256,000, which comes out to $135,000 (52%) lower than Big Bear Lake. The rent there is a little more expensive. The median monthly rent in Running Springs is $1,215, which comes out to $258 (21%) higher than Big Bear Lake.
Lucerne Valley
Lucerne Valley is roughly 14 miles north of Big Bear Lake. Its housing prices are a lot less expensive. The value of the median home in Lucerne Valley is $161,900, which works out to $229,100 (141%) lower than Big Bear Lake. Rents there are a bit less expensive. The median monthly rent in Lucerne Valley is $908, which works out to $49 (5%) lower than Big Bear Lake.
Lake Arrowhead
Lake Arrowhead is about 15 miles west of Big Bear Lake. Real estate prices there are pretty similar. The cost of the median home in Lake Arrowhead is $373,700, which comes out to $17,300 (4%) lower than Big Bear Lake. Rents there are a bit more expensive. The median rent in Lake Arrowhead is $1,123 per month, which comes out to $166 (14%) higher than Big Bear Lake.
Highland
Highland is about 16 miles southwest from Big Bear Lake. The housing prices there are somewhat less expensive. The median home in Highland is valued at $330,200, which works out to $60,800 (18%) lower than Big Bear Lake. Its rents are a bit more expensive. Highland's median monthly rent is $1,083, which works out to $126 (11%) higher than Big Bear Lake.
