Home prices
The median home cost in China Lake Acres is $133,200. Compared to nearby areas this is roughly $23,760 (15%) lower.Compared to the nation as a whole it is roughly $84,300 (38%) lower, and in comparison to the city of Bakersfield it is approximately $113,800 (46%) lower.
Rents
The median monthly rent in China Lake Acres is $919. This is roughly $182 (24%) higher compared to other places in this area.Compared to the United States as a whole it is about $143 (13%) lower, and it is approximately $185 (16%) lower in comparison to the city of Bakersfield.
Nearby places
Ridgecrest
Ridgecrest is about 5 miles east from China Lake Acres. Its real estate prices are somewhat more expensive. The median home in Ridgecrest is valued at $180,300, which is $47,100 (26%) higher than China Lake Acres. The rent there is pretty similar. Ridgecrest's median rent is $879 per month, which is $40 (4%) lower than China Lake Acres.
Searles Valley
Searles Valley is approximately 20 miles northeast of China Lake Acres. The real estate prices there are substantially less expensive. The median home cost in Searles Valley is $57,700, which works out to $75,500 (130%) lower than China Lake Acres. The rent there is a lot less expensive. Searles Valley's median monthly rent is $621, which is $298 (47%) lower than China Lake Acres.
Weldon
Weldon is about 26 miles west from China Lake Acres. Its real estate prices are significantly less expensive. The median home in Weldon costs $83,800, which works out to $49,400 (58%) lower than China Lake Acres. Its rents are substantially less expensive. In Weldon the median rent is $682 per month, which comes out to $237 (34%) lower than China Lake Acres.
Squirrel Mountain Valley
Squirrel Mountain Valley is roughly 31 miles west of China Lake Acres. Housing prices there are significantly more expensive. The median home value in Squirrel Mountain Valley is $230,700, which works out to $97,500 (42%) higher than China Lake Acres. Its rents are a little less expensive. Squirrel Mountain Valley's median rent is $832 per month, which is $87 (10%) lower than China Lake Acres.
Kernville
Kernville is about 33 miles west of China Lake Acres. Its real estate prices are significantly more expensive. Kernville's median home value is $232,300, which works out to $99,100 (42%) higher than China Lake Acres. The rent there is substantially less expensive. Kernville's median rent is $672 a month, which works out to $247 (36%) lower than China Lake Acres.
