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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 $307,111, lower than the California average of $812,006.
The average cost of rent is $1,272/mo in Shasta Lake, primarily driven by the current value of real estate in the Shasta Lake area. In Shasta Lake, 30.73% of households rent, and 34.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shasta Lake is $6,302 per month. Households that rent pay about 20.18% of their income on rent here. Shasta Lake’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Summit City, CA: higher priced homes
- Keswick, CA: higher priced homes
- Redding, CA: higher priced homes
- Whiskeytown, CA: less expensive homes
- Obrien, CA: less expensive homes
- Bella Vista, CA: higher priced homes
- Shasta, CA: higher priced homes
- Palo Cedro, CA: higher priced homes
- French Gulch, CA: equally priced homes
- Lakehead, CA: higher priced homes
Cities with Similar Populations
- Franklin, LA: less expensive homes
- Galena Park, TX: less expensive homes
- Fultondale, AL: less expensive homes
- Fuller Heights, FL: less expensive homes
- Frostproof, FL: less expensive homes
- Frostburg, MD: less expensive homes
- Fremont, MI: less expensive homes
- Freeport, TX: less expensive homes
- Fredonia, NY: less expensive homes
- Franklin, VA: less expensive homes
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