Home prices
The cost of the median home in Bonanza is $160,000. This is about $60,460 (60%) higher in comparison to its surrounding areas.Compared to the rest of the nation it is roughly $57,500 (26%) lower, and in comparison to the city of Klamath Falls is is very similar.
Rents
In Bonanza the median rent is $867 a month. Compared to nearby areas it is roughly $206 (31%) higher.Compared to the US as a whole it is about $195 (18%) lower, and compared to the city of Klamath Falls it is about $102 (13%) higher.
Nearby places
Malin
Malin is approximately 12 miles south of Bonanza. Real estate prices there are significantly less expensive. The median home in Malin is valued at $107,100, which works out to $52,900 (49%) lower than Bonanza. Rents there are a lot less expensive. Malin's median monthly rent is $643, which works out to $224 (34%) lower than Bonanza.
Altamont
Altamont is roughly 13 miles west from Bonanza. Its real estate prices are similar. The price of the median home in Altamont is $157,500, which comes out to $2,500 (1%) lower than Bonanza. Rent there is a bit less expensive. In Altamont the median monthly rent is $789, which is $78 (9%) lower than Bonanza.
Merrill
Merrill is roughly 14 miles southwest from Bonanza. The housing prices there are a lot less expensive. The cost of the median home in Merrill is $99,000, which comes out to $61,000 (61%) lower than Bonanza. The rent there is substantially less expensive. The median monthly rent in Merrill is $632, which comes out to $235 (37%) lower than Bonanza.
Tulelake
Tulelake is roughly 16 miles south from Bonanza. The housing prices there are significantly less expensive. The median home in Tulelake is valued at $79,100, which comes out to $80,900 (102%) lower than Bonanza. The rent there is significantly less expensive. In Tulelake the median rent is $576 a month, which comes out to $291 (50%) lower than Bonanza.
Newell
Newell is approximately 20 miles south of Bonanza. Real estate prices there are significantly less expensive. Newell's median home price is $55,000, which is $105,000 (190%) lower than Bonanza. Its rents are somewhat less expensive. Newell's median rent is $663 a month, which comes out to $204 (30%) lower than Bonanza.