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These days, finding an affordable place to live in the Big Bear Lake area can be challenging. Home prices in Big Bear Lake are now at a median cost of $403,983, lower than the California average of $648,235.
The average cost of rent is $1,015/mo in Big Bear Lake, primarily driven by the current value of real estate in the Big Bear Lake area. While nearly 37.39% of residents own their homes outright in Big Bear Lake, 41.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Big Bear Lake is $5,147 per month. Households that rent pay about 19.73% of their income on rent here. Big Bear Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Sugarloaf, CA: less expensive homes
- Big Bear City, CA: less expensive homes
- Fawnskin, CA: less expensive homes
- Big Bear, CA: less expensive homes
- Seven Oaks, CA: less expensive homes
- Angelus Oaks, CA: less expensive homes
- Glen Martin, CA: less expensive homes
- Green Valley Lake, CA: less expensive homes
- Running Springs, CA: less expensive homes
- Smiley Park, CA: equally priced homes
Cities with Similar Populations
- Perry, OK: less expensive homes
- Goodland, KS: less expensive homes
- Goodview, VA: less expensive homes
- Pierre Part, LA: less expensive homes
- Phoenix, NY: less expensive homes
- Grafton, ND: less expensive homes
- Petersburg, MI: less expensive homes
- Grambling, LA: less expensive homes
- Grand Island, FL: less expensive homes
- Petersburg, IL: less expensive homes
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