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market report · 92587
Canyon Lake, CA · 92587
51 active listings$599,000 median ask$3,292 est. rent0.5% price/rent
$599,000
Median list price
$3,292/mo
Estimated rent
0.5%
Price / rent ratio
51
Listings
FHFA home price index · 2016–2025
93.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.68
Median rent / sqft
41 comps
$366.93
Median sold / sqft
41 comps
7.3
Walkability
somewhat walkable
4.7%
Area unemployment
BLS LAUS
Median household income $104,290 · median home value $632,900 · ACS 2024.
Natural-hazard risk Very High (FEMA NRI score 99).
8 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
24311 Canyon Lake Dr, Canyon Lake, CA 92587
Canyon Lake, CA
$359,000$3,046/mo0.8%
23581 Lake Dr, Menifee, CA 92587
Menifee, CA
$379,999$2,904/mo0.8%
28967 Avenida Gaviota, Menifee, CA 92587
Menifee, CA
$349,000$2,468/mo0.7%
23591 Clara Pl, Menifee, CA 92587
Menifee, CA
$339,999$2,199/mo0.6%
28530 Williams Dr, Quail Valley, CA 92587
Quail Valley, CA
$400,000$2,524/mo0.6%
29039 Turtle Rock Ct, Menifee, CA 92587
Menifee, CA
$599,000$3,711/mo0.6%