Home prices
The median home cost in Lake Elsinore is $352,600. This is approximately $43,020 (13%) higher compared to nearby areas.It is roughly $135,100 (62%) higher compared to the US as a whole, and it is roughly $284,300 (44%) lower compared to the city of Los Angeles.
Rents
The median rent in Lake Elsinore is $1,476 a month. In comparison to other places in this area this is is very similar.In comparison to the rest of the nation it is approximately $414 (38%) higher, and in comparison to the city of Los Angeles it is approximately $26 (1%) higher.
Nearby places
Warm Springs
Warm Springs is Lake Elsinore's neighbor to the north. Real estate prices there are substantially less expensive. Warm Springs's median home cost is $240,200, which is $112,400 (46%) lower than Lake Elsinore. Rent there is a little less expensive. In Warm Springs the median rent is $1,156 per month, which comes out to $320 (27%) lower than Lake Elsinore.
Lakeland Village
Lakeland Village is Lake Elsinore's neighbor to the southwest. Real estate prices there are somewhat less expensive. The median home in Lakeland Village costs $293,800, which comes out to $58,800 (20%) lower than Lake Elsinore. The rent there is similar. Lakeland Village's median monthly rent is $1,414, which comes out to $62 (4%) lower than Lake Elsinore.
Canyon Lake
Canyon Lake is Lake Elsinore's neighbor to the east. Housing prices there are a bit more expensive. The value of the median home in Canyon Lake is $442,900, which comes out to $90,300 (20%) higher than Lake Elsinore. Rent there is a little more expensive. In Canyon Lake the median monthly rent is $2,060, which is $584 (28%) higher than Lake Elsinore.
Meadowbrook
Meadowbrook is Lake Elsinore's neighbor to the northeast. The real estate prices there are a lot less expensive. The median home in Meadowbrook is valued at $214,300, which works out to $138,300 (64%) lower than Lake Elsinore. The rent there is a bit less expensive. Meadowbrook's median rent is $1,173 per month, which comes out to $303 (25%) lower than Lake Elsinore.
Wildomar
Wildomar is Lake Elsinore's neighbor to the southeast. The housing prices there are similar. The value of the median home in Wildomar is $356,700, which is $4,100 (1%) higher than Lake Elsinore. Rents there are similar. In Wildomar the median rent is $1,548 per month, which comes out to $72 (4%) higher than Lake Elsinore.
