Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Canyon Lake area can be challenging. Home prices in Canyon Lake are now at a median cost of $487,190, lower than the California average of $648,235.
The average cost of rent is $2,289/mo in Canyon Lake, primarily driven by the current value of real estate in the Canyon Lake area. While nearly 20.94% of residents own their homes outright in Canyon Lake, 22.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Canyon Lake is $9,098 per month. Households that rent pay about 25.15% of their income on rent here. Canyon Lake's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
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- Alberhill, CA: equally priced homes
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- Homeland, CA: less expensive homes
Cities with Similar Populations
- Catoosa, OK: less expensive homes
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- Chelsea, MI: less expensive homes
- Chelsea, AL: less expensive homes
- Cheboygan, MI: less expensive homes
- Tyngsboro, MA: equally priced homes
- Greenville, AL: less expensive homes
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