Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
56 Lake Elsinore, CA, USA apartments for rent
Lake Elsinore
Lake Elsinore, CA has a population of 62,229, while the median age is 30. The household income in Lake Elsinore, CA is around $66,032. The homeownership rate among the residents is 63%. The median residential property value in Lake Elsinore, CA that you should keep in mind is $306,400.
| Population | 62,229 |
| Median Age | 30.3 |
| Poverty Rate | 16% |
| Household Income | $66,032 |
| Number Of Employees | 25,937 |
| Median Property Value | $306,400 |
Business & Economy
Wage by Common Jobs
Average salary in Lake Elsinore, CA: $52,841
- 1. Miscellaneous managers$110,734
- 2. Registered nurses$90,863
- 3. Elementary & middle school teachers$63,230
- 4. Firstline supervisors of retail sales workers$58,790
- 5. Secretaries & administrative assistants$46,912
Highest Paid Occupations
Numbers claim that the highest paid jobs in Lake Elsinore, CA are Law Enforcement Workers Including Supervisors, Architecture & Engineering Occupations, Protective Service Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations and Computer, Engineering, Science Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 5% recently, there must be a strong understanding of industries people of Lake Elsinore, CA work in. The highest paid industries are Public Administration, Wholesale Trade, Manufacturing, Transportation & Warehousing and Transportation & Warehousing, Utilities.
Demographics
Race & Ethnicity
According to latest census, Lake Elsinore, CA is a home for 52% white residents. The second common group is latino with 31% residents. The list of the most common racial or ethnic groups is closed by other with 7% residents.
Non-English Speakers
Education
Past year Lake Elsinore, CA universities awarded around 612,800 degrees. Statistics show that the population of students in Lake Elsinore, CA includes 306,400 female students and 306,400 male students. Lake Elsinore, CA offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The share of the public colleges in Lake Elsinore, CA is n/a and n/a go to the private colleges.
Health and Safety
Primary care physicians in Lake Elsinore, CA see an average of 2,380 patients, dentists 2,003 patients, metal health providers 576 patients, and other healthcare providers 2,419 patients per year.
Transportation
Commute Time
Average travel time: 42.04 minutes
Commuter Transportation
Citizens of Lake Elsinore, CA travel to their offices around 42 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
Housing Trends
How much is an apartment in Lake Elsinore, CA, USA
Average rent in Lake Elsinore: $3,466 (+32.6%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,000 | -20% |
| 2 bed rentals | $1,750 | -13.6% |
| 3 bed rentals | $2,863 | +12.5% |
| 4+ bed rentals | $3,984 | +30.1% |
Over the May 2022, the average rent for an apartment in/near Lake Elsinore, CA increased by 32.6% to $3,466.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,000 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,750. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,863. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $3,984 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Loft rentals | $3,250 | +4.8% |
| Room rentals | $1,000 | +25% |
| Apartment rentals | $1,597 | +33.6% |
| House rentals | $3,207 | +9.3% |
| Duplex rentals | $1,150 | N/A |
| Land rentals | $7,833 | N/A |
Looking at the median rent price for an apartment in Lake Elsinore, CA, you can note that it remains flat with a price tag of $1,597. The median rent for a house is still $3,207 with no significant changes this month. An average duplex is now available for $1,150, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $3,250. If you’re looking for a room, the price tag still starts at $1,000. The median price did not change this time.
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