Lake Mathews renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Lake Mathews is about $2,397 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,931. Households in Lake Mathews have a median income of $7,442 per month so the average renter in Lake Mathews is spending roughly 32% of their earnings on housing.
Nationally, and in Lake Mathews, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Mathews is $526,967 right now, which is lower than cities nearby, meaning that rents in Lake Mathews also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Lake Mathews while lower rent rates are often available in southern areas.
Nearby Cities
- Woodcrest, CA: less expensive rent prices
- Mead Valley, CA: less expensive rent prices
- Good Hope, CA: less expensive rent prices
- March ARB, CA: more expensive rent prices
- Temescal Valley, CA: less expensive rent prices
- Alberhill, CA: more expensive rent prices
- Meadowbrook, CA: less expensive rent prices
- Riverside, CA: less expensive rent prices
- Perris, CA: less expensive rent prices
- Lake Elsinore, CA: less expensive rent prices
Cities with Similar Populations
- Cresco, IA: less expensive rent prices
- Lakewood, IL: less expensive rent prices
- Medway, OH: less expensive rent prices
- San Augustine, TX: less expensive rent prices
- Yountville, CA: more expensive rent prices
- Carrollton, MO: less expensive rent prices
- Hudson, CO: less expensive rent prices
- Reedsville, PA: less expensive rent prices
- New London, OH: less expensive rent prices
- Albany, OH: less expensive rent prices
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