Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Lake Tahoe area can be challenging. Home prices in South Lake Tahoe are now at a median cost of $520,849, lower than the California average of $648,235.
The average cost of rent is $1,422/mo in South Lake Tahoe, primarily driven by the current value of real estate in the South Lake Tahoe area. While nearly 34.57% of residents own their homes outright in South Lake Tahoe, 43.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Lake Tahoe is $6,152 per month. Households that rent pay about 23.12% of their income on rent here. South Lake Tahoe's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Echo Lake, CA: equally priced homes
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- Twin Bridges, CA: less expensive homes
- Tahoma, CA: higher priced homes
- Minden, NV: less expensive homes
- Sorensens, CA: less expensive homes
- Gardnerville Ranchos, NV: less expensive homes
Cities with Similar Populations
- Fremont, NE: less expensive homes
- Vestal, NY: less expensive homes
- Uniondale, NY: less expensive homes
- Ukiah, CA: less expensive homes
- Glenside, PA: less expensive homes
- Garden City, ID: less expensive homes
- Galt, CA: less expensive homes
- Gainesville, VA: equally priced homes
- Fridley, MN: less expensive homes
- Wasco, CA: less expensive homes
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