Total monthly cost of ownership
Cost to Own a Home in Clearlake Oaks, California
A $206,000 home here costs
$1,766per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,059. The real number is $707 higher every month — 67% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Clearlake Oaks against Lake County and California
| Measure | Clearlake Oaks | Lake County |
|---|---|---|
| Median home value | $206,000 | $316,800 |
| Median property tax | $1,633 | $2,295 |
| Effective tax rate | 0.793% | 0.724% |
| Median gross rent | $1,352 | $1,292 |
| Population | 2,174 | 68,139 |
The weather behind that power bill
Clearlake Oaks sits in Lake County, which averages a high of 94.0°F in its hottest month and a low of 36.0°F in its coldest, with 34.84" of precipitation a year and 57% of it in a single three-month stretch. That climate drives 1,005 cooling and 2,879 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Lake County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lake County
Full Lake County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Clearlake Oaks?
A $206,000 home in Clearlake Oaks, California costs approximately $1,766 per month with 20% down at 6.66%. That is $1,059 principal and interest, $136 property tax, $32 homeowners insurance, $367 utilities and $172 set aside for maintenance.
What is the property tax rate in Clearlake Oaks?
Clearlake Oaks has an effective property tax rate of 0.793%, based on a median home value of $206,000 and median real estate taxes of $1,633. That is higher than the Lake County average of 0.724%.
What is the average home price in Clearlake Oaks?
The median owner-occupied home value in Clearlake Oaks, California is $206,000, against $316,800 across Lake County.
Is it cheaper to rent or buy in Clearlake Oaks?
Median gross rent in Clearlake Oaks is $1,352 a month, against $1,766 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clearlake Oaks — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for California.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.