Similar to its surrounding areas, it's substantially more expensive compared to the rest of the country. However compared to the city of Los Angeles, it is a lot less expensive.
Home prices
The median home in Wildomar is valued at $356,700. In comparison to its surrounding areas it is roughly $10,900 (2%) lower.In comparison to the entire country it is about $139,200 (63%) higher, and in comparison to the city of Los Angeles is roughly $280,200 (43%) lower.
Rents
Wildomar's median rent is $1,548 per month. Compared to its surrounding areas it is approximately $105 (6%) lower.It is approximately $486 (45%) higher compared to the rest of the country, and it is approximately $98 (6%) higher in comparison to the city of Los Angeles.
Nearby places
Murrieta
Murrieta is Wildomar's neighbor to the southeast. The real estate prices there are somewhat more expensive. The cost of the median home in Murrieta is $414,100, which comes out to $57,400 (13%) higher than Wildomar. Rents there are a bit more expensive. In Murrieta the median rent is $1,761 per month, which is $213 (12%) higher than Wildomar.
Lakeland Village
Lakeland Village is Wildomar's neighbor to the west. Housing prices there are a bit less expensive. The median home in Lakeland Village costs $293,800, which is $62,900 (21%) lower than Wildomar. Its rents are somewhat less expensive. Lakeland Village's median monthly rent is $1,414, which is $134 (9%) lower than Wildomar.
Lake Elsinore
Lake Elsinore is Wildomar's neighbor to the northwest. Its real estate prices are fairly similar. The median home in Lake Elsinore is valued at $352,600, which works out to $4,100 (1%) lower than Wildomar. Rents there are pretty similar. The median monthly rent in Lake Elsinore is $1,476, which comes out to $72 (4%) lower than Wildomar.
Menifee
Menifee is Wildomar's neighbor to the northeast. The real estate prices there are a bit less expensive. The median home in Menifee costs $334,600, which works out to $22,100 (6%) lower than Wildomar. Rent there is pretty similar. In Menifee the median monthly rent is $1,556, which is very similar to Wildomar.
Canyon Lake
Canyon Lake is roughly 5 miles north from Wildomar. Its housing prices are somewhat more expensive. Canyon Lake's median home value is $442,900, which is $86,200 (19%) higher than Wildomar. The rent there is somewhat more expensive. Canyon Lake's median rent is $2,060 a month, which is $512 (24%) higher than Wildomar.
