Lake Forest, CA Real Estate

According to census data in the year 2000 there were 20,588 housing units in Lake Forest.

Of those housing units, 20,588 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Forest is about 71.7%. Lake Forest's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.88 people.

The majority of houses, apartments or condos in Lake Forest were built after 1979.


Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom13.20%
Two Bedrooms26.80%
Three Bedrooms27.50%
Four Bedrooms26.40%
Five Bedrooms or more3.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1978
Median Value of occupied units$278,000
Median Price asked for vacant units$133,300

Rented Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1982
Median Monthly Rent asked for vacant units$1,182

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage15.90%
Home Equity Loan11.10%
Simple Mortgage64.50%
Debt Free8%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.4%