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Affordable
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These days, finding an affordable place to live in the Lower Lake area can be challenging. Home prices in Lower Lake are now at a median cost of $436,657, lower than the California average of $812,006.
The average cost of rent is $1,361/mo in Lower Lake, primarily driven by the current value of real estate in the Lower Lake area. In Lower Lake, 34.60% of households rent, and 32.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lower Lake is $6,257 per month. Households that rent pay about 21.76% of their income on rent here. Lower Lake’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clearlake, CA: less expensive homes
- Seigler Springs, CA: less expensive homes
- Hidden Valley Lake, CA: equally priced homes
- Clearlake Park, CA: less expensive homes
- Cobb, CA: less expensive homes
- Loch Lomond, CA: less expensive homes
- Clearlake Oaks, CA: less expensive homes
- Middletown, CA: equally priced homes
- Rumsey, CA: higher priced homes
- Kelseyville, CA: less expensive homes
Cities with Similar Populations
- Plandome Manor, NY: higher priced homes
- Hedwig Village, TX: higher priced homes
- Henryville, PA: less expensive homes
- Honey Grove, TX: less expensive homes
- Ider, AL: less expensive homes
- Jonestown, TX: higher priced homes
- Keysville, VA: less expensive homes
- Lake City, TN: less expensive homes
- Millville, UT: higher priced homes
- Mineral City, OH: less expensive homes
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