Lake Elsinore, CA Real Estate

According to census data in the year 2000 there were 9,527 housing units in Lake Elsinore. This represents a 36.5% growth from 6,981 in 1990.

Of those housing units, 9,066 were located in either urbanized areas or urban clusters, and 461 were located in what is classified as a rural area.

Homeownership rate in Lake Elsinore is about 65%. Lake Elsinore's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 3.31 people.

The majority of houses, apartments or condos in Lake Elsinore were built after 1985.


Housing Size

Housing Units by Size
Studio Type5.40%
One Bedroom11.20%
Two Bedrooms25.50%
Three Bedrooms33.80%
Four Bedrooms19.40%
Five Bedrooms or more4.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.27
Median year structure was built1988
Median Value of occupied units$144,800
Median Price asked for vacant units$183,100

Rented Homes, Apartments and Condos

Average Household Size3.39
Median year structure was built1981
Median Monthly Rent asked for vacant units$486

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage21.10%
Home Equity Loan4.40%
Simple Mortgage63.20%
Debt Free10.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs25.2%