Much like its surrounding areas, it is substantially more expensive compared to the United States as a whole. However compared to the city of Eureka, it's somewhat more expensive.
Home prices
The price of the median home in Blue Lake is $310,000. In comparison to nearby areas this is approximately $13,220 (4%) lower.It is roughly $92,500 (42%) higher compared to the entire country, and it is roughly $28,600 (10%) higher compared to the city of Eureka.
Rents
In Blue Lake the median monthly rent is $1,241. In comparison to its surrounding areas this is about $173 (16%) higher.In comparison to the entire nation it is roughly $179 (16%) higher, and it is approximately $325 (35%) higher in comparison to the city of Eureka.
Nearby places
Arcata
Arcata is about 3 miles west of Blue Lake. The housing prices there are a bit more expensive. Arcata's median home price is $341,000, which comes out to $31,000 (9%) higher than Blue Lake. Rents there are a little less expensive. The median rent in Arcata is $1,023 per month, which is $218 (21%) lower than Blue Lake.
McKinleyville
McKinleyville is approximately 6 miles northwest from Blue Lake. The real estate prices there are fairly similar. The median home value in McKinleyville is $296,700, which comes out to $13,300 (4%) lower than Blue Lake. Its rents are a bit less expensive. In McKinleyville the median rent is $964 per month, which comes out to $277 (28%) lower than Blue Lake.
Fieldbrook
Fieldbrook is about 6 miles north of Blue Lake. Its housing prices are a little more expensive. The median home in Fieldbrook is valued at $423,600, which works out to $113,600 (26%) higher than Blue Lake. Rent there is a bit less expensive. In Fieldbrook the median rent is $1,100 per month, which comes out to $141 (12%) lower than Blue Lake.
Manila
Manila is roughly 7 miles west of Blue Lake. Its real estate prices are a little less expensive. The median home price in Manila is $276,100, which is $33,900 (12%) lower than Blue Lake. Its rents are somewhat less expensive. The median monthly rent in Manila is $1,072, which is $169 (15%) lower than Blue Lake.
Myrtletown
Myrtletown is about 8 miles southwest of Blue Lake. Its housing prices are a little less expensive. The price of the median home in Myrtletown is $278,700, which is $31,300 (11%) lower than Blue Lake. Rents there are a bit less expensive. The median monthly rent in Myrtletown is $1,179, which works out to $62 (5%) lower than Blue Lake.