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These days, finding an affordable place to live in the Lake Mathews area can be challenging. Home prices in Lake Mathews are now at a median cost of $723,108, lower than the California average of $812,006.
The average cost of rent is $1,964/mo in Lake Mathews, primarily driven by the current value of real estate in the Lake Mathews area. In Lake Mathews, 21.45% of households rent, and 33.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Mathews is $9,471 per month. Households that rent pay about 20.73% of their income on rent here. Lake Mathews’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodcrest, CA: higher priced homes
- Mead Valley, CA: less expensive homes
- Good Hope, CA: less expensive homes
- March ARB, CA: less expensive homes
- Temescal Valley, CA: equally priced homes
- Alberhill, CA: equally priced homes
- Meadowbrook, CA: less expensive homes
- Riverside, CA: less expensive homes
- Perris, CA: less expensive homes
- Moreno Valley, CA: less expensive homes
Cities with Similar Populations
- Pawhuska, OK: less expensive homes
- Juno Beach, FL: equally priced homes
- Santee, SC: less expensive homes
- Soap Lake, WA: less expensive homes
- Max Meadows, VA: less expensive homes
- Leonardo, NJ: less expensive homes
- Lansford, PA: less expensive homes
- Ketchum, ID: higher priced homes
- Ware Shoals, SC: less expensive homes
- Dresden, OH: less expensive homes
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