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Lake Elsinore, CA
Full City Profile · California · Orange County County
3.0
/5.0
B
Good
71,516
Population
1,869/sq mi density
$96,527
Median Income
$34,572 per capita
$505,700
Home Value
$582,471 Zillow
$1,915
Median Rent
34.1% income on rent
66°F
Avg Temperature
330 sunny days/yr
246
Violent Crime/100K
2,854 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$96,527 median income, 4.3% unemployment
B+
Affordability
3.7 / 5.0
$505,700 home value, $1,915/mo rent
F
Safety
1.0 / 5.0
246 violent crimes/100K
C+
Education
2.8 / 5.0
23.0% bachelor's degree or higher
Housing Overview
Median Home Value
$505,700
79% above
US avg: $281,900
Median Rent
$1,915/mo
65% above
US avg: $1,163/mo
Homeownership Rate
71.6%
9% above US avg (65.4%)
Total Housing Units
20,965
Median year built: 2002
Home Value by Source
Census Median
$505,700
Zillow (ZHVI)
$582,471
Median Sale Price
$580,000
Median List Price
$599,943
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.6%
Owner-Occupied
28.4%
Renter-Occupied
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:
$1,915/mo
· Zillow rent:
$2,509/mo
Market Indicators (Redfin)
Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
46
Price Drops
22.4%
of listings with price reduction
Price Per Sq Ft
$288
Active Inventory
170
homes for sale
Affordability & Housing Stock
Rent Burden
34.1%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
71.6%
Complete Housing Data
Home Values
| Census Median Value | $505,700 |
| Zillow Home Value (ZHVI) | $582,471 |
| Median Sale Price | $580,000 |
| Median List Price | $599,943 |
| Price Per Sq Ft | $288 |
Rent
| Census Median Rent | $1,915 |
| Zillow Rent (ZORI) | $2,509 |
| 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 Market | 65 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.4% |
| Homes Sold | 46 |
| Active Inventory | 170 |
| Price Per Sq Ft | $288 |
Ownership & Stock
| Owner-Occupied | 71.6% |
| Renter-Occupied | 28.4% |
| Homeownership Rate | 71.6% |
| Total Housing Units | 20,965 |
| Median Year Built | 2002 |
| Rent Burden | 34.1% |