Lower Lake renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lower Lake is about $928 per month. This puts it in the 16th percentile compared to the state average cost of rent, which is $1,958. Households in Lower Lake have a median income of $5,318 per month so the average renter in Lower Lake is spending roughly 17% of their earnings on housing.
Nationally, and in Lower Lake, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lower Lake is $358,537 right now, which is higher than nearby cities, meaning that rents in Lower Lake also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Lower Lake while lower rent rates are often available in southwestern areas.
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