States › California › Shasta Lake

Is Shasta Lake, CA expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$99044% lower than U.S. average
💵 Families earn per year (2026)$72,692about $6,058/month · 17% lower than U.S. average
🔑 House price$294,40012% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs about 4.0 years of household income. Commutes are short, about 19.5 minutes.

How much money do I need?

To rent here comfortably, you should earn about $39,600 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other California cities?

Yes. Rent here is cheaper than in most of California. It is number 6 of 653 cities from cheapest to most expensive.

Shasta Lake
$990
Exeter
$1,364
Farmersville
$1,181
San Diego Country Estates
$3,023
Malibu
$3,500+
Alum Rock
$3,500+
Country Club
$1,959

How much do households earn in Shasta Lake?

Under $25k
16.6%
$25k–50k
18.5%
$50k–100k
36.3%
$100k–150k
15.8%
$150k+
5.5%

Share of households by yearly income. 21.3% of households earn $100,000 or more.

Rent by apartment size in Shasta Lake

SizeShasta LakeU.S. average
1 bedroom$768$1,324
2 bedrooms$1,101$1,509
3 bedrooms$1,726$1,698
4 bedrooms$2,167$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Shasta Lake overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Shasta Lake, so the California figure is shown.

Taxes and bills in Shasta Lake

🏛️ Property tax$1,679a year · 0.57% of home value · U.S. $3,119
⚡ Electric bill$240a month (typical) · U.S. $156

Life in Shasta Lake

Commute to work19.5 minU.S.: 26.4 min
College degree15.3%U.S.: 35.7%
Own their home68.2%U.S.: 65.2%
Below poverty line13.3%U.S.: 12.5%
Unemployment7.2%U.S.: 5.2%

Is it cheaper to rent or buy in Shasta Lake?

Renting is cheaper right now: about $1,053 a month less.

Renting
$990
Owning
$2,043

Owning assumes a typical $294,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,440 for the down payment.

Frequently asked questions

What is the average rent in Shasta Lake, CA?

Renting in Shasta Lake costs a median of about $990 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Shasta Lake?

To keep rent under 30% of income, you need about $39,600 a year, or $19 an hour at a full-time job.

Is Shasta Lake cheap or expensive?

Shasta Lake is rated Cheap: rent takes 16.3% of the typical household income of $72,692. It ranks 6th cheapest of 653 California cities we track.

How much are property taxes in Shasta Lake?

The median homeowner in Shasta Lake pays $1,679 a year in property taxes, about 0.57% of the median home value.

Is Shasta Lake more expensive than the national average?

Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Shasta Lake?

The median home value in Shasta Lake is $294,400, about 4.0 times the typical yearly household income.

10,311 people live in Shasta Lake. Numbers are typical (middle) values.