Home prices
The median home price in Cottonwood is $159,100. It is approximately $130,560 (45%) lower in comparison to nearby areas.It is about $58,400 (26%) lower compared to the country as a whole, and compared to the city of Chico is about $168,600 (51%) lower.
Rents
The median monthly rent in Cottonwood is $903. It is roughly $354 (28%) lower compared to the surrounding areas.In comparison to the rest of the nation it is about $159 (14%) lower, and compared to the city of Chico is approximately $197 (17%) lower.
Nearby places
Lake California
Lake California is roughly 3 miles southeast from Cottonwood. Real estate prices there are a little more expensive. The median home in Lake California is valued at $204,900, which is $45,800 (22%) higher than Cottonwood. Rents there are significantly more expensive. Lake California's median monthly rent is $1,353, which comes out to $450 (33%) higher than Cottonwood.
Anderson
Anderson is about 4 miles north from Cottonwood. The housing prices there are a bit more expensive. Anderson's median home cost is $200,200, which works out to $41,100 (20%) higher than Cottonwood. Rents there are fairly similar. The median monthly rent in Anderson is $912, which is very similar to Cottonwood.
Palo Cedro
Palo Cedro is roughly 11 miles north of Cottonwood. The housing prices there are a lot more expensive. The median home in Palo Cedro costs $368,300, which is $209,200 (56%) higher than Cottonwood. Its rents are significantly more expensive. The median monthly rent in Palo Cedro is $1,806, which is $903 (50%) higher than Cottonwood.
Millville
Millville is about 12 miles northeast of Cottonwood. Its real estate prices are substantially more expensive. Millville's median home value is $410,000, which works out to $250,900 (61%) higher than Cottonwood. Rent there is somewhat more expensive. In Millville the median rent is $1,137 per month, which comes out to $234 (20%) higher than Cottonwood.
Redding
Redding is approximately 12 miles north of Cottonwood. Its real estate prices are significantly more expensive. The cost of the median home in Redding is $264,900, which is $105,800 (39%) higher than Cottonwood. Rents there are somewhat more expensive. Redding's median monthly rent is $1,075, which works out to $172 (16%) higher than Cottonwood.