The median home in Lake Elsinore, California is valued at $579,333, down 1.7% year over year. Typical monthly rent is $2,423, producing a price-to-rent ratio of 19.9x — near the national average of 18x. Lake Elsinore is part of the Riverside-San Bernardino-Ontario, CA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Riverside-San Bernardino-Ontario, CA stress score, crash risk, and 12-month forecast →

Home Value$579,333

-1.7%

Rent$2,423/mo

AFFORDABILITY

Enter your income for Lake Elsinore.

Income (annual)

Down Payment

$115,867 on $579,333

Out of reach — 54.8% of income

Need $146,657/yr to afford.

PITI$3,422

P/I54.8%

Afford$296K

Gap-$283K

P&I $2,929Tax $343Ins $150

Renting $999/mo cheaper ($2,423 rent)6.50% 30yr, 20% down, county tax + CA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in California

Compare Lake Elsinore with other housing markets across California.

Atherton$7517K Los Altos Hills$5802K Montecito$5251K Hidden Hills$4992K Hillsborough$4946K Los Altos$4448K Belvedere$4421K Rancho Santa Fe$4186K

Full Riverside-San Bernardino-Ontario, CA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Riverside-San Bernardino-Ontario, CA metro.

View Riverside-San Bernardino-Ontario, CA metro →

LAKE ELSINORE, CA