Housing & Real Estate — Lake Elsinore, California
Overview
| Total Housing Units | 21,554 |
| Occupied | 20,416 |
| Vacant | 1,138 |
| Owner-Occupied | 14,610 |
| Renter-Occupied | 5,806 |
| Median Home Value (Census) | $566,000 |
| Estimated 2026 | ~$613,000 |
| Median Rent | $1,915/mo |
| Median Property Tax | $5,404/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | expensive |
| Rent as % of Income | 22.6% |
| Severely Rent-Burdened | 51.0% |
Housing Age
| Built 2010 or later | 5,738 |
| Built 2000-2009 | 6,398 |
| Built 1990-1999 | 2,804 |
| Built before 1960 | 1,261 |
| Median Year Built | 2002 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.