Temecula, CA
Riverside County · Pop. 110,003
Ranked #213 of 243 cities
22Crisis
Median Home Price
🏠$620K
3.5% YoY
Median Rent
🔑$2,200
3.0% YoY
Median Income
💰$88K
Rent Burden
📊31.5%
% of income to rent
Income to Buy
🏦$178K
annual income needed
Income to Rent
📝$88K
annual income needed
Price-to-Income
⚖️7.0x
Homeownership
🏡72.0%
Rent vs. Buy
Buy
$3,300/mo
Est. mortgage (7%, 20% down)
Need $178K/yr income
Rent
$2,200/mo
Median rent
Need $88K/yr income
How Temecula Compares
| Metric | Temecula | California | National |
|---|---|---|---|
| Home Price | $620K | $726K | $410K |
| Rent | $2,200 | $1,992 | $1,500 |
| Income | $88K | $96K | $75K |
| Rent Burden | 31.5% | 40.5% | 30.0% |
Key Takeaways
- • Home prices in Temecula are 51% higher than the national average.
- • Rent is 47% higher than the national average.
- • You need an income of $178K to comfortably buy a home here.
- • The homeownership rate is 72.0%, compared to 65.0% nationally.