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Our top choices for Shaver Lake hotels

Elliott House Boutique Inn

Elliott House Boutique Inn
3.5 star property
West Village
9.2 out of 10, Wonderful, (539 reviews)
"very nice place to stay"
United States
Randy
The price is CA $222
CA $222 total
includes taxes & fees
Feb 23 - Feb 24
Elliott House Boutique Inn

Drakeslanding Inn

Drakeslanding Inn
2.0 star property
Shaver Lake
10.0 out of 10, Exceptional, (1 review)
"Drakeslanding Inn was cozy, clean and very comfortable!"
United States
Jaquelin
The price is CA $436
CA $436 total
includes taxes & fees
Feb 20 - Feb 21
Drakeslanding Inn

Shaver Lake Village Hotel

Shaver Lake Village Hotel
2.0 star property
Shaver Lake
8.6 out of 10, Excellent, (409 reviews)
"Nice for area "
United States
Chester
The price is CA $161
CA $207 total
includes taxes & fees
Feb 23 - Feb 24
Shaver Lake Village Hotel

Lakeshore Resort

Lakeshore Resort
3.0 star property
Lakeshore
8.4 out of 10, Very good, (34 reviews)
"It was very cute and cozy cabin. "
United States
Shozo
Lakeshore Resort

The Pines Resort

The Pines Resort
3.0 star property
Bass Lake
8.8 out of 10, Excellent, (1,000 reviews)
"No breakfast offered as included, but the restaurant there is amazing. Service is great, and all activities on site are within walking distance. An excellent vacation spot."
United States
Darrin
The Pines Resort

Cottage Like Suite With Private Hot Tub

Cottage Like Suite With Private Hot Tub
3.5 star property
Bass Lake
9.6 out of 10, Exceptional, (9 reviews)
"The place was super clean, quiet, and walkable distance to a coffee shop and little market which was a plus. There is also a yummy Mexican restaurant right next to it. We thoroughly enjoyed the hot tub and made s’mores with the fire pit. Also the bed has an electric blanket which we really enjoyed. We loved our stay so much we’re thinking of when we can come back again!"
United States
Rizza Ann
The price is CA $329
CA $496 total
includes taxes & fees
Feb 19 - Feb 20
Cottage Like Suite With Private Hot Tub

Château du Sureau

Château du Sureau
5.0 star property
Oakhurst
10.0 out of 10, Exceptional, (87 reviews)
" A special place for sure! "
United States
Samantha
The price is CA $552
CA $682 total
includes taxes & fees
Feb 25 - Feb 26
Château du Sureau

Table Mountain Casino Resort

Table Mountain Casino Resort
3.5 star property
Friant
9.4 out of 10, Exceptional, (975 reviews)
"Absolutely amazing place to visit. "
United States
Erika
The price is CA $192
CA $219 total
includes taxes & fees
Feb 22 - Feb 23
Table Mountain Casino Resort

The Inelle, Oakhurst Yosemite, a Tribute Portfolio Hotel

The Inelle, Oakhurst Yosemite, a Tribute Portfolio Hotel
4.0 star property
Oakhurst
9.2 out of 10, Wonderful, (125 reviews)
"Friendly staff, very nice hotel and perfect spot to stay if you want to be close to Yosemite."
United States
Angela Renee Tan
The price is CA $125
CA $140 total
includes taxes & fees
Feb 23 - Feb 24
The Inelle, Oakhurst Yosemite, a Tribute Portfolio Hotel

A Bed of Roses

A Bed of Roses
2.5 star property
Oakhurst
8.6 out of 10, Excellent, (135 reviews)
"We spend 2 day at this property and the staff and breakfast was great, I will let all my friends about this experience with Bed of Roses. Thank you great coffee."
United States
Aristeo
The price is CA $139
CA $155 total
includes taxes & fees
Mar 9 - Mar 10
A Bed of Roses

Best Western Plus Yosemite Gateway Inn

Best Western Plus Yosemite Gateway Inn
2.5 star property
Oakhurst
9.2 out of 10, Wonderful, (1,230 reviews)
"Easy check-in and check-out, very friendly staff"
United States
Andrea
The price is CA $149
CA $166 total
includes taxes & fees
Feb 19 - Feb 20
Best Western Plus Yosemite Gateway Inn

Queen's Inn By the River

Queen's Inn By the River
3.5 star property
Oakhurst
8.6 out of 10, Excellent, (793 reviews)
"We had a great time staying here. Clean room and had everything we needed for a weekend in Yosemite. "
United States
Alfredo
Queen's Inn By the River

Hampton Inn Oakhurst-yosemite, CA

Hampton Inn Oakhurst-yosemite, CA
2.5 star property
Oakhurst
9.2 out of 10, Wonderful, (591 reviews)
"Great location and friendly staff😁. Would definitely stay here again."
United States
Riva
The price is CA $117
CA $131 total
includes taxes & fees
Feb 24 - Feb 25
Hampton Inn Oakhurst-yosemite, CA

Fairfield Inn & Suites Oakhurst Yosemite

Fairfield Inn & Suites Oakhurst Yosemite
3.0 star property
Oakhurst
8.8 out of 10, Excellent, (353 reviews)
" The staff was very friendly and helpful when I was checking in. The room was very spacious and clean. And having on site washer/dryers was very convenient. "
Philippines
Joey
The price is CA $130
CA $145 total
includes taxes & fees
Feb 22 - Feb 23
Fairfield Inn & Suites Oakhurst Yosemite

The Four Daughters

The Four Daughters
3.5 star property
Oakhurst
9.4 out of 10, Exceptional, (105 reviews)
"Very clean, great staff, I would recommend it to anyone and everyone!"
United States
Kimberley
The price is CA $99
CA $136 total
includes taxes & fees
Feb 19 - Feb 20
The Four Daughters

Yosemite Southgate Hotel & Suites

Yosemite Southgate Hotel & Suites
3.5 star property
Oakhurst
9.2 out of 10, Wonderful, (1,792 reviews)
"Clean and very friendly staff"
United States
Billie
The price is CA $123
CA $137 total
includes taxes & fees
Feb 19 - Feb 20
Yosemite Southgate Hotel & Suites

Oakhurst Lodge

Oakhurst Lodge
2.0 star property
Oakhurst
8.0 out of 10, Very good, (1,000 reviews)
"Very nice people. Bathroom needs a better curtain & needs better hot water. "
United States
Susan
Oakhurst Lodge

Yosemite Sierra Inn

Yosemite Sierra Inn
2.0 star property
Oakhurst
7.4 out of 10, Good, (1,004 reviews)
"Easy parking, courteous and friendly staff"
United States
Kevin
The price is CA $108
CA $121 total
includes taxes & fees
Feb 23 - Feb 24
Yosemite Sierra Inn

Holiday Inn Express & Suites Oakhurst - Yosemite Park Area by IHG

Holiday Inn Express & Suites Oakhurst - Yosemite Park Area by IHG
2.5 star property
Oakhurst
9.0 out of 10, Wonderful, (1,000 reviews)
"It was a great stay!"
United States
Jeff
The price is CA $112
CA $126 total
includes taxes & fees
Feb 25 - Feb 26
Holiday Inn Express & Suites Oakhurst - Yosemite Park Area by IHG

The Oakhurst Inn at Yosemite

The Oakhurst Inn at Yosemite
2.5 star property
Oakhurst
8.2 out of 10, Very good, (1,128 reviews)
"Easy check in , nice breakfast, cozy room "
United States
Alix
The price is CA $108
CA $121 total
includes taxes & fees
Feb 19 - Feb 20
The Oakhurst Inn at Yosemite
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<h2>Where to stay in Shaver Lake</h2>

Shaver Lake, California, offers a stunning outdoor escape perfect for a family mountain getaway. Here, you can unwind amid picturesque scenery, embark on adventurous excursions, and enjoy the serene atmosphere of this charming city. Nearby attractions provide a variety of recreation options, making it an ideal vacation spot for those seeking relaxation or adventure. Experience the best of Shaver Lake and its surroundings, where every corner invites you to explore the beauty of nature.

West Village

West Village, nestled near Shaver Lake, California, offers a delightful mix of outdoor adventures and romantic getaways. This charming neighbourhood attracts visitors year-round, with peak travel from May to July. Nature enthusiasts can explore the scenic beauty of Shaver Lake, perfect for beach outings and outdoor activities, while the Sierra National Forest beckons adventurers with its breathtaking landscapes. For a touch of culture, the Museum of the Sierra provides a glimpse into local history. Whether you're seeking romance or adventure, West Village is an ideal destination for your next vacation.

Granite Ridge

Granite Ridge, nestled near Shaver Lake in California, offers a captivating blend of outdoor adventures and stunning scenery. With peak visitor numbers from May to July, this charming neighbourhood is perfect for romantic getaways or nature-filled escapes. Explore the serene Shaver Lake for beachside relaxation, hike through the breathtaking Sierra National Forest for thrilling adventures, or immerse yourself in history at the Museum of the Sierra. Granite Ridge invites you to experience its picturesque landscapes and diverse attractions, making it an ideal destination for every type of traveller.

Musick Ridge

Musick Ridge, nestled near Shaver Lake in California, offers a delightful blend of outdoor adventure and romantic scenery. With peak visitor numbers from May to July, it’s an ideal summer getaway. Explore the serene Shaver Lake for its beach vibes and picturesque views, or venture into the Sierra National Forest for thrilling hikes and breathtaking landscapes. For a touch of culture, the Museum of the Sierra provides fascinating insights into local history. Whether you seek tranquillity or excitement, Musick Ridge promises an unforgettable vacation experience.

Sierra Cedars

Situated near Shaver Lake in California, Sierra Cedars is a charming neighborhood known for its breathtaking outdoor experiences and romantic scenery. Peak visitor arrivals occur from May to July, with quieter months from December to February. Travellers flock here to explore attractions like Shaver Lake, perfect for a romantic getaway, and the expansive Sierra National Forest, ideal for adventurous souls. For a cultural touch, the Museum of the Sierra offers insights into the region's rich history. Whether you seek adventure or relaxation, Sierra Cedars provides a picturesque escape into nature.

Bretz Mountain Village

Bretz Mountain Village is a picturesque neighborhood nestled in the heart of Shaver Lake, California, offering a delightful blend of outdoor adventure and romantic scenery. Travellers flock here from May to July to enjoy the stunning Shaver Lake, perfect for beach outings and serene picnics, while the Sierra National Forest beckons with its breathtaking trails and landscapes. For a touch of culture, the Museum of the Sierra provides insights into the region's rich history. Whether you're seeking relaxation or excitement, Bretz Mountain Village is an ideal destination for your next vacation.

Stay near popular Shaver Lake attractions

Learn more about Shaver Lake

Nestled in the Sierra National Forest, this alpine gem offers pristine waters perfect for kayaking and fishing during summer months. Hike the trails around the lake in early morning when local joggers have it mostly to themselves and wildlife is most active.

Sierra landscape at Shaver Lake, California

Top Shaver Lake Hotel Reviews

Recent Reviews in Shaver Lake

More cheap stays in Shaver Lake

Hotels in Shaver Lake with star rating

Find out more about Shaver Lake

Top reasons to visit Shaver Lake

  • Scenic Lake Adventures: Enjoy canoeing, fishing, and breathtaking views at the beautiful Shaver Lake.
  • Outdoor Recreation: Explore hiking trails and national parks, perfect for nature lovers and adventure seekers.
  • Winter Sports: Hit the slopes at local ski resorts for thrilling winter sports and snowy fun.
  • Relaxing Hot Springs: Unwind at nearby hot springs, offering a soothing retreat amidst nature.
  • Charming Accommodation: Choose from a variety of cozy lodgings, perfect for families, couples, or solo adventurers.

Find great hotels in and around Shaver Lake

Experience the charm of Shaver Lake with a variety of accommodation options, including resorts and guesthouses tailored for adventure seekers, families, and romantic getaways. Whether you're looking to unwind at the Shaver Lake Village Hotel or explore other inviting hotels in the area, you'll find the perfect place to relax and enjoy the beauty of this stunning destination. Discover comfortable hotel rooms that cater to your every need while immersing yourself in the serene surroundings of Shaver Lake.

  • The Pines Resort: Nestled 32.2km away from Shaver Lake, The Pines Resort is a 3-star getaway ideal for those seeking a blend of beach and adventure. This property offers direct access to the beach, making it perfect for water enthusiasts. Business travellers will appreciate its comprehensive business amenities, including multiple meeting rooms and a fully equipped business centre. For adventure seekers, the resort features onsite kayaking and personal motor watercraft, with mountain biking, hiking, and rock climbing opportunities nearby. The perfect choice for those wanting a mix of relaxation and excitement.
  • Elliott House Boutique Inn: Located in the heart of Shaver Lake, Elliott House Boutique Inn is a charming 3.5-star bed and breakfast that caters to adventure lovers. Guests can unwind in the nearby natural hot springs after a day of exploring. With activities such as motorboating, boat tours, tubing, and mountain biking available nearby, this inn is a fantastic base for outdoor enthusiasts. The unique blend of rustic charm and modern comforts makes it an inviting choice for those seeking a memorable mountain retreat.
  • WorldMark Bass Lake: Situated 35.4km from Shaver Lake, WorldMark Bass Lake is a 3.5-star hotel that offers a relaxing atmosphere and various entertainment options. Guests can enjoy cable TV, DVD players, and iPod docking stations in their rooms, making it ideal for those who appreciate home comforts while away. The hotel’s proximity to Bass Lake provides additional recreational opportunities, ensuring an enjoyable stay for families and couples alike. Its welcoming ambiance and convenient amenities make it a solid choice for your vacation.

Things to do near Shaver Lake

Shaver Lake, California, is perfect for outdoor enthusiasts seeking stunning scenery and adventure. Visitors can enjoy activities like skiing at local resorts during the winter and partake in summertime fun, including fishing for avid anglers. For those looking to relax, hot springs provide a soothing retreat. Whether you're hitting the slopes or exploring nature, Shaver Lake offers a diverse range of experiences for every traveller.

Shopping

For a charming shopping experience, visit A Book Barn, located 46.7km away, offering a cozy selection of books and gifts. If you're up for a drive, Sierra Vista Mall, also 46.7km away, features a variety of shops along with entertainment options for the whole family.

Recreation

Explore the Bass Lake Recreation Area, where you can unwind amidst nature's beauty, soaking in the calming atmosphere. For a luxurious experience, visit Ascent, the Spa at Tenaya Lodge, offering rejuvenating treatments. If you're a golf enthusiast, River Creek Golf Course provides an invigorating outdoor sport experience.

Adventure

Experience thrilling skiing at China Peak Mountain Resort, located 20.9km from Shaver Lake, where you can enjoy a vibrant outdoor atmosphere. For a scenic adventure, hike the 29.0km to White Bark Vista, featuring stunning views. Families will love the excitement at Wild Water Adventure Park, situated 40.2km away.

Nightlife

For a charming night out, catch a show at the Golden Chain Theater, 40.2km away, offering culture and romance. For an adventurous twist, visit No Surrender Laser Tag & Adventure Park or AMF Rodeo Lanes, both 29 and 48.3km away, respectively, for thrilling arcade fun.

*Distances are measured in a straight line; actual driving distances may vary depending on the route.

Booking tips and Expedia advantages for Shaver Lake

To save money on your trip to Shaver Lake, consider visiting during the off-peak months of January, March, or November, when accommodation prices are lower. Try to book your stay on a Tuesday, as it's the least expensive day. Use Expedia to compare prices and filter for budget-friendly eco-certified hotels. You can also save by bundling your hotel, flights, and activities into a package. Look for discounts and the best deals to maximize your savings while enjoying the beautiful surroundings without breaking the bank.

  • The most and least expensive months on average to stay in a hotel: The cheapest months to stay in Shaver Lake are January, March and November, where the prices are slightly lower. This is in comparison to June to August, where prices are slightly higher.
  • The most and least expensive days on average to stay in a hotel: The least expensive day to stay in Shaver Lake is Tuesday. The most expensive day to stay in Shaver Lake is Saturday.
  • Find cheap hotels on Expedia: Utilize Expedia’s search tool to narrow down your options based on your preferences, such as budget, desired location, and type of accommodation. For instance, selecting the Eco-certified filter will showcase sustainable and environmentally friendly hotels that are currently available. To find the best prices and offers, arrange the price filter from lowest to highest.
  • Consider bundling your trip: You can save some money by combining your Shaver Lake hotel reservation with your flights and activities by opting for an Expedia package.

Find the best attractions in and around Shaver Lake

Shaver Lake, California, is perfect for outdoor enthusiasts seeking adventure and breathtaking scenery. Visitors can explore the stunning lake, hike in nearby national and state parks, or hit the slopes at local ski resorts. The area offers numerous opportunities for fishing, hiking, and relaxing amidst nature, making it an ideal destination for those looking to immerse themselves in the great outdoors.

  • Shaver Lake: Experience the beauty of Shaver Lake, where you can relax on sandy beaches, enjoy stunning scenery, and embrace outdoor romance. It's the perfect spot for swimming, picnicking, or simply soaking in the tranquil vibes.
  • Sierra National Forest: Just 16.1km from Shaver Lake, Sierra National Forest offers thrilling adventures amidst breathtaking landscapes. Explore hiking trails, enjoy wildlife watching, and immerse yourself in the stunning natural beauty of this expansive park.
  • Sierra Marina: Located within Shaver Lake, Sierra Marina is an outdoor enthusiast's paradise. Rent a boat or kayak, and soak up the sun by the beach while enjoying thrilling water activities and picturesque views.

Best time to go to Shaver Lake

The best time to visit Shaver Lake can depend on the weather and when visitor numbers rise and fall. The hottest average temperature in Shaver Lake falls in July, when visitor numbers are moderately high and weather is sunny with no rain. The coolest average temperature in Shaver Lake falls in February, visitor numbers are average and weather is mostly sunny with light rain.

calendarCalendar MonthtemperatureTemperaturerainPrecipitationmostlyCloudinessoccupationOccupancypricePricing
January30.4°F (-0.9°C)Light RainMostly SunnyAverageSlightly Low
February29.3°F (-1.5°C)Light RainMostly SunnyAverageAverage
March32.2°F (0.1°C)Light RainMostly SunnyAverageSlightly Low
April38.5°F (3.6°C)Light RainSunnyModerately LowAverage
May46.4°F (8.0°C)Light RainSunnyAverageAverage
June57.6°F (14.2°C)No RainSunnyModerately HighSlightly High
July65.3°F (18.5°C)No RainSunnyModerately HighSlightly High
August63.5°F (17.5°C)No RainSunnyModerately HighSlightly High
September57.9°F (14.4°C)No RainSunnyAverageAverage
October47.8°F (8.8°C)Light RainSunnyModerately LowAverage
November37.4°F (3.0°C)Light RainSunnyModerately LowSlightly Low
December30.0°F (-1.1°C)Light RainMostly SunnyAverageAverage

The nearest major airports for your trip to Shaver Lake

For a visit to Shaver Lake, California, the major airport options include Fresno Yosemite International Airport (FAT), located 51.5km away. Nearby hotel choices include the DoubleTree by Hilton Fresno Convention Center, a 4-star hotel just 6.4km from the airport, as well as the Piccadilly Inn Airport and Wyndham Garden Fresno Yosemite Airport, both of which are within 0.3 and 322m, respectively. Another option is Eastern Sierra Regional Airport (BIH) in Bishop, 90.1km away, with hotels like Wayfinder Bishop and Vagabond Inn Bishop, both 3.2km from the airport. Mammoth Yosemite Airport (MMH) is 72.4km from Shaver Lake, offering the Westin Monache Resort, Mammoth, also 12.9km from the airport.

Frequently asked questions

What is the best area to stay in Shaver Lake?
The best area to stay in Shaver Lake is directly within the village of Shaver Lake itself, particularly near the main street, Dinkey Creek Road.

This area is the heart of activity for visitors, offering easy access to the lake and the majority of shops and restaurants. You'll find a relaxed, mountain town feel here, with properties ranging from cosy cabins to lodges. The village is compact and walkable, especially around the core commercial area where you can find general stores and eateries.

For families, staying in the village is ideal. Many cabins and holiday rentals offer more space than a typical hotel room, and being close to the village centre means children can enjoy ice cream shops or the local park without long drives. The convenience of having amenities nearby after a day of lake activities or hiking is a significant benefit.

Couples looking for a peaceful retreat will also appreciate the village. Many accommodations offer private balconies or decks with mountain views, superb for enjoying a quiet morning coffee.
What are the best hotels in Shaver Lake that travellers recommend?
For an exceptional stay in Shaver Lake, travellers highly recommend the Elliott House Boutique Inn.

This 3.5-star hotel, with an outstanding 9.4 rating, offers lovely rooms with premium bedding, many featuring mountain or resort views and a cosy fireplace. Guests often praise its wonderful location, which is just 3.1 km from Shaver Lake and 14.8 km from the Sierra National Forest. The hotel also provides a good breakfast and an early check-in option for added convenience.
What hotels in Shaver Lake offer free breakfast?
For hotels in Shaver Lake that offer complimentary breakfast, the Elliott House Boutique Inn is an excellent choice.

The 3.5-star Elliott House Boutique Inn, with an impressive 9.4 rating, provides a wonderful stay with a free continental breakfast daily. Guests frequently highlight the good breakfast and lovely rooms. The inn is conveniently located near Shaver Lake, just 3.1 km away, and the Museum of the Sierra is even closer at 1.4 km. Many rooms offer mountain views, and the surrounding area provides opportunities for mountain climbing and mountain biking, making it ideal for those who appreciate outdoor activities. Find more hotels with free breakfast in Shaver Lake
What are the top pet-friendly hotels in Shaver Lake?
For top pet-friendly hotels in Shaver Lake, consider the Shaver Lake Village Hotel.

The Shaver Lake Village Hotel, with an 8.8 rating, is a welcoming option for travellers with pets. It is set amidst scenic mountain views, offering direct access to the beauty of the surrounding landscape. The hotel is also conveniently located for those interested in mountain biking, with trails nearby. See more pet-friendly hotels in Shaver Lake
What are the best budget hotels in Shaver Lake?
For a top-rated budget hotel in Shaver Lake, the Shaver Lake Village Hotel is an excellent choice.

This hotel, with an impressive 8.8 rating, offers guests complimentary WiFi and free toiletries. It is perfectly situated for those who appreciate the outdoors, with stunning mountain views and easy access to various activities. Guests can enjoy mountain biking, cross-country skiing, downhill skiing, and other snow sports, with ski lifts, ski areas, and ski runs all conveniently nearby. The hotel also provides snow sports gear, making it very convenient for winter enthusiasts.
What are the most romantic hotels in Shaver Lake for couples?
For a romantic stay in Shaver Lake, both the Elliott House Boutique Inn and the Shaver Lake Village Hotel offer appealing features for couples.

The 3.5-star Elliott House Boutique Inn, with an impressive 9.4 rating, is a wonderful choice for a romantic getaway. Guests frequently highlight the lovely rooms, wonderful location, and good breakfast, which includes a complimentary continental breakfast. This inn also offers mountain views and is conveniently located near Shaver Lake, just 3.1 km away.

Another excellent option is the Shaver Lake Village Hotel, rated 8.8. This hotel also provides mountain views and is well-suited for couples who enjoy outdoor activities, with amenities like nearby mountain biking, cross-country skiing, downhill skiing, and access to a ski area. See all romantic hotels in Shaver Lake
What are the best hotels in Shaver Lake near Shaver Lake?
For an excellent hotel near Shaver Lake, consider the Elliott House Boutique Inn.

This 3.5-star hotel, with a superb 9.4 rating, is located just 3.1 km from Shaver Lake. Guests consistently praise its wonderful location and lovely rooms. The hotel also offers connecting rooms, which can be very convenient for families, and features mountain views. It is also well-situated for outdoor activities, with mountain climbing and mountain biking available nearby.
Can I cancel my hotel reservation on Expedia?
You can cancel your hotel reservation on Expedia, though it depends on the cancellation policy of your booking. Most bookings are refundable if canceled within 24-48 hours of the scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. If free cancellation is available, you can cancel directly through your Expedia account by logging in, going to "My Trips", and selecting your reservation. To find flexible deals, filter your search by "Fully refundable property" for hotels in Shaver Lake.
How can I save on a Shaver Lake hotel booking with Expedia?
Members always get our best prices. Find our best Shaver Lake hotel deals by joining Expedia's free travel rewards program today. As a member, you can unlock instant savings and member perks when you're logged in to your account. Another tip is to book your hotel and flights together on Expedia, where bundling can result in significant savings.
How much is the nightly rate at a Shaver Lake hotel?
Prices for hotels in Shaver Lake often vary, but you can find a great deal from CA $121 on Expedia. All sorts of factors affect price, such as the time of year or the days of the week you choose for your stay. Find the best deals by being flexible with your dates, and sort search results by "Price: low to high" for the cheapest rate.