What percentage of people rent in Lake Elsinore, CA?

Name: Renters and owners in Lake Elsinore, CA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

29.1% (±2.9 points) of the occupied homes in Lake Elsinore, CA are rented (2020–2024 American Community Survey).

That is 5,967 renting households against 14,532 that own their home.

In Lake Elsinore, the share of households that rent went from 32.2% in 2015–2019 to 29.1% in 2020–2024 (−3.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 29.1% (±2.9 points)
Renting households: 5,967 (±685)
Median renter income: $67,313 (±$7,999)

Who rents and who owns in Lake Elsinore

Tenure, estimate (90% margin of error)
	Lake Elsinore	Riverside County	California	United States
Renter-occupied share	29.1% (±2.9 points)	30.9% (±0.4 points)	44.1% (±0.2 points)	34.8%
Renting households	5,967 (±685)	239,349 (±3,349)	5,980,523 (±22,985)	45,017,354
Owning households	14,532 (±645)	535,986 (±3,538)	7,567,568 (±37,334)	84,210,142
Average renter household size	3.2 (±0.2)	3.0 (±0.0)	2.7 (±0.0)	2.3
Average owner household size	3.7 (±0.1)	3.2 (±0.0)	3.0 (±0.0)	2.6
Median renter household income	$67,313 (±$7,999)	$63,524 (±$1,392)	$71,186 (±$298)	$52,966
Median owner household income	$119,544 (±$8,992)	$109,791 (±$1,274)	$127,456 (±$424)	$100,009

In Lake Elsinore, the renter share is not measurably different from Riverside County (30.9%).

It is also lower than in California (44.1%).

It is lower than the national figure (34.8%).

In Riverside County, Lake Elsinore ranks 31 of 71 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 659 of 1,076.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Elsinore has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	32.2% (±2.7 points)	29.1% (±2.9 points)	−3.1 percentage points	Not a measurable change
Median gross rent	$1,476 (±$79)	$2,078 (±$119)	+40.8%	Up after inflation
Median household income	$71,476 (±$3,653)	$101,888 (±$6,516)	+42.5%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lake Elsinore

Nearest places with a published estimate, compared with Lake Elsinore
Place	Distance	Households that rent	Compared with this place
Lake Elsinore	—	29.1% (±2.9 points)	—
Warm Springs	1.4 mi	34.5% (±16.2 points)	Not measurably different
Lakeland Village	3.1 mi	32.3% (±6.1 points)	Not measurably different
Meadowbrook	4.0 mi	46.1% (±15.3 points)	Higher
Canyon Lake	4.1 mi	15.2% (±6.1 points)	Lower
Wildomar	6.5 mi	21.7% (±3.2 points)	Lower
Good Hope	6.7 mi	44.1% (±8.5 points)	Higher
Menifee	8.7 mi	19.8% (±1.7 points)	Lower
Temescal Valley	9.1 mi	13.3% (±3.7 points)	Lower

Nearby places with a measurably lower figure: Canyon Lake, CA (15.2%), Wildomar, CA (21.7%), Menifee, CA (19.8%).

Nearby places with a measurably higher figure: Meadowbrook, CA (46.1%), Good Hope, CA (44.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Riverside County, place by place

Rank	Place	Households that rent
25	Perris	31.2% (±2.5 points)
26 (tie)	Murrieta	30.5% (±2.9 points)
26 (tie)	East Hemet	30.5% (±4.7 points)
28	Idyllwild-Pine Cove	30.0% (±7.2 points)
29	Jurupa Valley	29.9% (±2.0 points)
30	Banning	29.8% (±3.6 points)
31	Lake Elsinore	29.1% (±2.9 points)
32	Mead Valley	27.9% (±5.8 points)
33	Thousand Palms	27.2% (±10.1 points)
34	Garnet	26.8% (±7.9 points)
35 (tie)	Highgrove	26.1% (±8.5 points)
35 (tie)	Valle Vista	26.1% (±4.9 points)
37	Homeland	25.5% (±8.4 points)

Showing 13 of 71 places in Riverside County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Elsinore

How many renters are there in Lake Elsinore?

Lake Elsinore has an estimated 5,967 (±685) renting households, 29.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Elsinore?

In Lake Elsinore, the share of households that rent went from 32.2% in 2015–2019 to 29.1% in 2020–2024 (−3.1 percentage points), not a measurable change.

How big are renting households in Lake Elsinore?

A renting household in Lake Elsinore has 3.2 people on average, against 3.7 in an owned home.

How much do renters earn in Lake Elsinore?

The median renting household in Lake Elsinore, CA has an income of $67,313 (±$7,999) a year, against $119,544 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Elsinore city, California (place:39486, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.