The Most Affordable Neighborhoods in Shasta Lake, CA by Home Value

 

Shasta Lake, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shasta Lake area can be challenging. Home prices in Shasta Lake are now at a median cost of $239,318, lower than the California average of $648,235.

The average cost of rent is $1,226/mo in Shasta Lake, primarily driven by the current value of real estate in the Shasta Lake area. While nearly 29.26% of residents own their homes outright in Shasta Lake, 29.33% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shasta Lake is $5,292 per month. Households that rent pay about 23.17% of their income on rent here. Shasta Lake's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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