Home prices
The median home value in Lake California is $204,900. This is approximately $57,480 (21%) lower in comparison to nearby areas.It is roughly $12,600 (5%) lower in comparison to the US as a whole, and in comparison to the city of Chico it is about $122,800 (37%) lower.
Rents
The median rent in Lake California is $1,353 per month. In comparison to its surrounding areas this is approximately $228 (20%) higher.Compared to the entire nation it is roughly $291 (27%) higher, and in comparison to the city of Chico it is approximately $253 (23%) higher.
Nearby places
Cottonwood
Cottonwood is approximately 3 miles northwest from Lake California. Housing prices there are a little less expensive. Cottonwood's median home value is $159,100, which works out to $45,800 (28%) lower than Lake California. Its rents are substantially less expensive. In Cottonwood the median rent is $903 a month, which comes out to $450 (49%) lower than Lake California.
Anderson
Anderson is about 7 miles northwest of Lake California. Its real estate prices are pretty similar. The median home in Anderson costs $200,200, which comes out to $4,700 (2%) lower than Lake California. The rent there is significantly less expensive. The median monthly rent in Anderson is $912, which works out to $441 (48%) lower than Lake California.
Red Bluff
Red Bluff is about 12 miles south of Lake California. Its real estate prices are a bit less expensive. Red Bluff's median home price is $174,300, which comes out to $30,600 (17%) lower than Lake California. Rents there are a lot less expensive. In Red Bluff the median rent is $867 per month, which comes out to $486 (56%) lower than Lake California.
Palo Cedro
Palo Cedro is about 12 miles north of Lake California. Real estate prices there are a lot more expensive. The median home cost in Palo Cedro is $368,300, which comes out to $163,400 (44%) higher than Lake California. Its rents are somewhat more expensive. In Palo Cedro the median rent is $1,806 a month, which is $453 (25%) higher than Lake California.
Millville
Millville is about 13 miles north from Lake California. The real estate prices there are a lot more expensive. The median home price in Millville is $410,000, which is $205,100 (50%) higher than Lake California. Rent there is a bit less expensive. In Millville the median monthly rent is $1,137, which works out to $216 (18%) lower than Lake California.