The Most Affordable Neighborhoods in Lake Mathews, CA by Home Value

 

Lake Mathews, CA Map of Most Affordable Neighborhoods
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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 $440,404, lower than the California average of $648,235.

The average cost of rent is $1,560/mo in Lake Mathews, primarily driven by the current value of real estate in the Lake Mathews area. While nearly 38.44% of residents own their homes outright in Lake Mathews, 15.89% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Mathews is $6,900 per month. Households that rent pay about 22.60% of their income on rent here. Lake Mathews's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.


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