Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Almanor area can be challenging. Home prices in Lake Almanor are now at a median cost of $326,000, lower than the California average of $648,235.
The average cost of rent is $742/mo in Lake Almanor, primarily driven by the current value of real estate in the Lake Almanor area. While nearly 36.74% of residents own their homes outright in Lake Almanor, 9.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Almanor is $6,604 per month. Households that rent pay about 11.24% of their income on rent here. Lake Almanor's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Union, LA: less expensive homes
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