Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Grand Lake area can be challenging. Home prices in Grand Lake are now at a median cost of $665,082, lower than the Oakland average of $891,096.
The average cost of rent is $2,345/mo in Grand Lake, primarily driven by the current value of real estate in the Grand Lake area. In Grand Lake, 68.28% of households rent, and 26.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Lake is $9,120 per month. Households that rent pay about 25.71% of their income on rent here. Grand Lake’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Lakeshore-Oakland, Oakland, CA: higher priced homes
- Oakland Ave-Harrison Street, Oakland, CA: higher priced homes
- Adams Point, Oakland, CA: higher priced homes
- Piedmont Avenue, Oakland, CA: higher priced homes
- Pill Hill, Oakland, CA: equally priced homes
- Mosswood, Oakland, CA: higher priced homes
- Cleveland Heights, Oakland, CA: higher priced homes
- Trestle Glen, Oakland, CA: higher priced homes
- Temescal, Oakland, CA: higher priced homes
- Downtown Oakland, Oakland, CA: higher priced homes
Neighborhoods with Similar Populations
- Eight Mile Wyoming, Detroit, MI: less expensive homes
- Washington Court House Historic District, Washington Court H: less expensive homes
- Carver City-Lincoln Gardens, Tampa, FL: less expensive homes
- Cedar Knolls, Bronxville, NY: less expensive homes
- Thorpe Westwood, Spokane, WA: less expensive homes
- The Island, Logan, UT: less expensive homes
- Spring Park, Jacksonville, FL: less expensive homes
- South Shore of Wellington, Wellington, FL: less expensive homes
- Downtown Corona, Corona, CA: equally priced homes
- South Poplar, Allentown, PA: less expensive homes
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