Much like its surrounding areas, it's a little less expensive compared to the nation as a whole. Compared to the city of Chico however, it's significantly less expensive.
Home prices
Lakehead's median home cost is $206,500. It is is very similar compared to its nearby areas.It is approximately $11,000 (5%) lower in comparison to the entire nation, and in comparison to the city of Chico it is approximately $121,200 (36%) lower.
Rents
Lakehead's median monthly rent is $1,198. In comparison to the surrounding areas this is approximately $134 (12%) higher.It is about $136 (12%) higher compared to the US as a whole, and in comparison to the city of Chico is about $98 (8%) higher.
Nearby places
Mountain Gate
Mountain Gate is approximately 12 miles south from Lakehead. Housing prices there are significantly less expensive. The cost of the median home in Mountain Gate is $119,800, which comes out to $86,700 (72%) lower than Lakehead. Rents there are significantly less expensive. The median rent in Mountain Gate is $882 per month, which comes out to $316 (35%) lower than Lakehead.
Shasta Lake
Shasta Lake is about 14 miles south of Lakehead. Its real estate prices are a little less expensive. The median home in Shasta Lake is valued at $183,000, which comes out to $23,500 (12%) lower than Lakehead. Rent there is somewhat less expensive. Shasta Lake's median rent is $1,118 per month, which is $80 (7%) lower than Lakehead.
French Gulch
French Gulch is roughly 16 miles southwest from Lakehead. Its housing prices are substantially less expensive. The median home value in French Gulch is $103,500, which is $103,000 (99%) lower than Lakehead. Its rents are a little less expensive. In French Gulch the median monthly rent is $1,042, which works out to $156 (14%) lower than Lakehead.
Bella Vista
Bella Vista is about 18 miles south from Lakehead. Its real estate prices are a lot more expensive. The median home in Bella Vista is valued at $320,500, which comes out to $114,000 (35%) higher than Lakehead. Its rents are a bit more expensive. In Bella Vista the median rent is $1,344 per month, which works out to $146 (10%) higher than Lakehead.
Coffee Creek
Coffee Creek is approximately 18 miles northwest of Lakehead. Its real estate prices are a bit more expensive. Coffee Creek's median home price is $300,000, which is $93,500 (31%) higher than Lakehead. Rent there is somewhat less expensive. Coffee Creek's median monthly rent is $935, which is $263 (28%) lower than Lakehead.
