Home prices
The median home value in Lake Arrowhead is $373,700. Compared to the surrounding areas it is approximately $104,680 (38%) higher.In comparison to the nation as a whole it is about $156,200 (71%) higher, and compared to the city of Los Angeles is about $263,200 (41%) lower.
Rents
In Lake Arrowhead the median rent is $1,123 per month. This is about $17 (1%) lower compared to its surrounding areas.Compared to the US as a whole it is approximately $61 (5%) higher, and compared to the city of Los Angeles it is about $327 (22%) lower.
Nearby places
Crestline
Crestline is Lake Arrowhead's neighbor to the west. The real estate prices there are significantly less expensive. Crestline's median home value is $258,100, which is $115,600 (44%) lower than Lake Arrowhead. Its rents are a little less expensive. The median monthly rent in Crestline is $1,007, which is $116 (11%) lower than Lake Arrowhead.
Running Springs
Running Springs is roughly 5 miles southeast from Lake Arrowhead. The housing prices there are significantly less expensive. The median home cost in Running Springs is $256,000, which is $117,700 (45%) lower than Lake Arrowhead. Rents there are a little more expensive. In Running Springs the median monthly rent is $1,215, which comes out to $92 (7%) higher than Lake Arrowhead.
San Bernardino
San Bernardino is about 9 miles southwest from Lake Arrowhead. The real estate prices there are significantly less expensive. San Bernardino's median home value is $249,400, which works out to $124,300 (49%) lower than Lake Arrowhead. The rent there is a bit less expensive. San Bernardino's median rent is $1,059 a month, which comes out to $64 (6%) lower than Lake Arrowhead.
Highland
Highland is approximately 10 miles south of Lake Arrowhead. The housing prices there are a bit less expensive. The value of the median home in Highland is $330,200, which is $43,500 (13%) lower than Lake Arrowhead. The rent there is fairly similar. In Highland the median rent is $1,083 per month, which is $40 (3%) lower than Lake Arrowhead.
Muscoy
Muscoy is about 10 miles southwest of Lake Arrowhead. Housing prices there are substantially less expensive. The median home in Muscoy is valued at $251,400, which works out to $122,300 (48%) lower than Lake Arrowhead. Its rents are somewhat more expensive. The median monthly rent in Muscoy is $1,335, which works out to $212 (15%) higher than Lake Arrowhead.