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Canyon Lake, CA

Full City Profile · California · Orange County County

3.3 /5.0
B Good
11,107 Population 2,855/sq mi density
$124,948 Median Income $55,877 per capita
$647,300 Home Value $692,044 Zillow
$2,524 Median Rent 31.7% income on rent
66°F Avg Temperature 330 sunny days/yr
132 Violent Crime/100K 652 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$124,948 median income, 2.5% unemployment
B+
Affordability
3.8 / 5.0
$647,300 home value, $2,524/mo rent
F
Safety
1.0 / 5.0
132 violent crimes/100K
B
Education
3.4 / 5.0
29.5% bachelor's degree or higher

Housing Overview

Median Home Value
$647,300
130% above
US avg: $281,900
Median Rent
$2,524/mo
117% above
US avg: $1,163/mo
Homeownership Rate
79.0%
21% above US avg (65.4%)
Total Housing Units
4,497
Median year built: 1985

Home Value by Source

Census Median
$647,300
Zillow (ZHVI)
$692,044
Median Sale Price
$686,000
Median List Price
$762,449
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.0%
Owner-Occupied
21.0%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $2,524/mo · Zillow rent: $3,315/mo

Market Indicators (Redfin)

Median Days on Market
85 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
28.1%
of listings with price reduction
Price Per Sq Ft
$391
Active Inventory
82
homes for sale

Affordability & Housing Stock

Rent Burden
31.7%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
79.0%

Complete Housing Data

Home Values

Census Median Value$647,300
Zillow Home Value (ZHVI)$692,044
Median Sale Price$686,000
Median List Price$762,449
Price Per Sq Ft$391

Rent

Census Median Rent$2,524
Zillow Rent (ZORI)$3,315
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market85
Sale-to-List Ratio1.0%
Price Drops28.1%
Homes Sold14
Active Inventory82
Price Per Sq Ft$391

Ownership & Stock

Owner-Occupied79.0%
Renter-Occupied21.0%
Homeownership Rate79.0%
Total Housing Units4,497
Median Year Built1985
Rent Burden31.7%