Rental market snapshot for Lake Elsinore, California

Lake Elsinore, California Rental Property Market Overview

Lake Elsinore, California is a city located in Riverside County with a population of 71,563 as of 2021, according to the US Census. It is situated at the northern end of the Santa Ana Mountains and is known for its beautiful lake, Lake Elsinore, which is the largest natural freshwater lake in Southern California. The city is home to a variety of outdoor activities, including fishing, boating, camping, and hiking. It is also home to a number of historic sites, such as the Mission San Luis Rey de Francia, the Lake Elsinore Grand Prix, and the Lake Elsinore Storm baseball team.

The average rent for an apartment in Lake Elsinore is $2,602. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Lake Elsinore California | Cost of Living

  • The most expensive ZIP code in Lake Elsinore is 92532 with an average price of $2,716.
  • The cheapest ZIP code in Lake Elsinore is 92530 with an average price of $2,432.

Lake Elsinore ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
192532$2,716
292530$2,432

Live near Lake Elsinore, California's Top Sights and Attractions

Lake Elsinore Recreation Area is a popular destination for outdoor enthusiasts. It features a large lake with a sandy beach, perfect for swimming, fishing, and boating. There are also plenty of trails for hiking, biking, and horseback riding. The area is also home to a variety of wildlife, including birds, reptiles, and mammals. Visitors can also enjoy camping, picnicking, and other recreational activities.

Creekside Park is a picturesque outdoor recreational area located on the banks of a winding creek. It features a large grassy area with plenty of shade trees, picnic tables, and benches. There are also several walking trails that meander through the park, providing visitors with the opportunity to explore the natural beauty of the area. The park also has a playground for children, a fishing pond, and a variety of other activities.

Lakepoint Park is a scenic park located on the banks of Lake Elsinore. It features a variety of outdoor activities, including a boat launch, fishing pier, picnic areas, and a playground. The park also has a beach area with sand volleyball courts, a concession stand, and a snack bar. There are also plenty of trails for hiking and biking, as well as a nature center with educational programs and exhibits. The park also offers stunning views of the lake and surrounding mountains.

Tuscany Hills Park is a scenic outdoor destination located in the foothills of Southern California. It offers breathtaking views of the surrounding mountains and valleys, as well as a variety of recreational activities. Visitors can explore miles of trails, take a dip in the lake, or simply relax and take in the stunning scenery. The park also features a playground, picnic areas, and a fishing pier. With its picturesque views and abundance of activities, Tuscany Hills Park is a great place to spend a day outdoors.

Canyon Hills Community Park is a sprawling outdoor recreation area located in the foothills of Southern California. It features a variety of activities for visitors of all ages, including a large playground, a skate park, a basketball court, a picnic area, and a walking trail. The park also offers stunning views of the surrounding hills and valleys, making it a great spot for a peaceful stroll or a picnic.

McVicker Park is a popular outdoor destination located in the foothills of Southern California. It features a variety of recreational activities, including a large lake, a playground, picnic areas, and a variety of trails for hiking, biking, and horseback riding. The park also offers stunning views of the surrounding mountains and valleys. Visitors can also enjoy fishing, bird watching, and wildlife viewing. McVicker Park is the perfect place to spend a day outdoors with family and friends.

Rosetta Canyon Dog Park is a large, fenced-in outdoor area located in a scenic canyon setting. It features plenty of open space for dogs to run and play, as well as a separate area for small dogs. There are also several shaded areas with benches, picnic tables, and water fountains for both people and their canine companions. The park also offers a variety of activities, such as agility courses, a dog wash station, and a dog-friendly hiking trail.

Swick And Matich Park is a scenic park located in the foothills of Southern California. It features a variety of outdoor activities, including hiking, biking, and horseback riding. The park is home to a variety of wildlife, including deer, coyotes, and birds. There are also several picnic areas, a playground, and a lake with a beach. The park also offers stunning views of the surrounding area, including the nearby mountains.

City Park is a large outdoor recreational area located in Lake Elsinore, California. It features a variety of activities, including a playground, walking trails, picnic areas, and a lake. The lake is stocked with fish and is a popular spot for fishing and boating. The park also has a large open field perfect for playing sports or having a picnic. There are also several pavilions and gazebos available for rent. The park is surrounded by lush green trees and offers stunning views of the surrounding area.

Action Park Alliance is an outdoor adventure park located in Lake Elsinore, California. It features a variety of activities such as zip lining, rock climbing, bungee jumping, and a ropes course. There are also a number of water activities, including kayaking, stand-up paddle boarding, and wakeboarding. The park also offers a variety of special events, such as concerts, festivals, and movie nights.

Lake Elsinore, California area median rent change by ZIP code map

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How does Lake Elsinore compare to other cities in California?

citymedian price
Inglewood$3,395
Eastvale$3,075
Plumas Lake$2,696
Gilroy$2,695
Banning$2,400
Folsom$2,380
Romoland$2,295
Hanford$1,922

Average household income in Lake Elsinore area graph - US Census

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The median household income in Lake Elsinore in 2021 was $80,350. This represents a 28.7% change from 2011 when the median was $62,436.

#categorypercent
0Less than $10,0003.8%
1$10,000 to $14,9992.0%
2$15,000 to $19,9994.0%
3$20,000 to $24,9993.4%
4$25,000 to $29,9992.8%
5$30,000 to $34,9995.6%
6$35,000 to $39,9993.7%
7$40,000 to $44,9993.0%
8$45,000 to $49,9993.0%
9$50,000 to $59,9998.8%
10$60,000 to $74,99910.1%
11$75,000 to $99,99913.7%
12$100,000 to $124,99912.1%
13$125,000 to $149,9996.2%
14$150,000 to $199,99911.2%
15$200,000 or more6.4%

Neighborhoods in Lake Elsinore

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Lake Elsinore is $2,602.
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