Commercial Real Estate Market in Lake Elsinore, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
71 active listings and 1,226 off-market properties in Lake Elsinore, CA.
Market Trends
Lake Elsinore, CA spans 92.3 square miles in Riverside County, California. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Riverside County, office space asks $328/SF to buy. Office vacancy in Lake Elsinore, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Across Riverside County, retail space asks $224/SF to buy. Retail vacancy in Lake Elsinore, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Lake Elsinore, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Multifamily
Across Riverside County, multifamily space asks $172/SF to buy. Multifamily vacancy in Lake Elsinore, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Lake Elsinore, CA has 86,658 residents in 26,978 households. Density runs 938 people per square mile. Median household income here is $93,369 and median gross rent $1,985 a month.
Tools
Nearby Markets
Commercial property in Lake Elsinore, CA asks $281/SF. The 2 bordering markets run from $276/SF in Wildomar to $316/SF in Murrieta, and the city sits below their $296/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lake Elsinore?
How does Lake Elsinore compare to nearby markets on price?
Where does Realmo's Lake Elsinore market data come from?
Methodology & data sources
- Asking prices and medians
- There are 34 active for-sale and 37 active for-lease listings in Lake Elsinore, CA. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
