Similar to its surrounding areas, it's significantly more expensive compared to the entire country. However it's a little less expensive compared to the city of Los Angeles.
Home prices
The median home cost in Temecula is $444,800. It is approximately $17,040 (3%) higher in comparison to nearby areas.It is roughly $227,300 (104%) higher in comparison to the entire country, and it is approximately $192,100 (30%) lower compared to the city of Los Angeles.
Rents
The median monthly rent in Temecula is $1,856. This is about $405 (27%) higher in comparison to its surrounding areas.It is roughly $794 (74%) higher compared to the rest of the country, and is roughly $406 (28%) higher in comparison to the city of Los Angeles.
Nearby places
Rainbow
Rainbow is Temecula's neighbor to the south. Housing prices there are somewhat more expensive. The median home in Rainbow is valued at $470,100, which comes out to $25,300 (5%) higher than Temecula. Its rents are significantly less expensive. In Rainbow the median rent is $1,060 a month, which comes out to $796 (75%) lower than Temecula.
Murrieta
Murrieta is Temecula's neighbor to the northwest. Housing prices there are a little less expensive. The median home in Murrieta costs $414,100, which comes out to $30,700 (7%) lower than Temecula. Rents there are somewhat less expensive. The median monthly rent in Murrieta is $1,761, which is $95 (5%) lower than Temecula.
French Valley
French Valley is approximately 7 miles north of Temecula. Its housing prices are pretty similar. French Valley's median home value is $430,400, which works out to $14,400 (3%) lower than Temecula. Its rents are a little more expensive. In French Valley the median rent is $2,114 a month, which works out to $258 (12%) higher than Temecula.
Pala
Pala is roughly 10 miles south of Temecula. The housing prices there are significantly less expensive. The median home price in Pala is $301,500, which is $143,300 (47%) lower than Temecula. The rent there is a lot less expensive. Pala's median monthly rent is $1,069, which is $787 (73%) lower than Temecula.
Fallbrook
Fallbrook is approximately 10 miles southwest from Temecula. Its real estate prices are a little more expensive. Fallbrook's median home price is $522,700, which comes out to $77,900 (14%) higher than Temecula. Rents there are a lot less expensive. The median monthly rent in Fallbrook is $1,252, which works out to $604 (48%) lower than Temecula.
