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These days, finding an affordable place to live in the Bear Lake area can be challenging. Home prices in Bear Lake are now at a median cost of $100,941, lower than the Pennsylvania average of $288,156.
The average cost of rent is $806/mo in Bear Lake, primarily driven by the current value of real estate in the Bear Lake area. In Bear Lake, 5.61% of households rent, and 60.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bear Lake is $4,783 per month. Households that rent pay about 16.84% of their income on rent here. Bear Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lottsville, PA: equally priced homes
- Pine Valley, PA: higher priced homes
- Watts Flats, NY: higher priced homes
- Spring Creek, PA: higher priced homes
- Columbus, PA: higher priced homes
- Panama, NY: higher priced homes
- Sugar Grove, PA: higher priced homes
- Pittsfield, PA: higher priced homes
- Colza, PA: higher priced homes
- Chandlers Valley, PA: higher priced homes
Cities with Similar Populations
- Walnut Grove, TX: higher priced homes
- Sherman Mills, ME: higher priced homes
- Chester, OH: higher priced homes
- Chesterfield, MA: higher priced homes
- Chidester, AR: higher priced homes
- Collierstown, VA: higher priced homes
- Cordell, OK: higher priced homes
- Metz, WV: higher priced homes
- Denny Store, NC: higher priced homes
- Floral College, NC: less expensive homes
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