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Real Estate Prices & Overview

San Luis Rey median real estate price is $518,735, which is less expensive than 75.8% of California neighborhoods and 37.0% of all U.S. neighborhoods.

The average rental price in San Luis Rey is currently $3,800, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.1% of the neighborhoods in California.

San Luis Rey is a densely urban neighborhood (based on population density) located in Oceanside, California.

San Luis Rey real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the San Luis Rey neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 7.2% in San Luis Rey. NeighborhoodScout analysis shows that this rate is lower than 52.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

With 12.3% of employed workers living in the San Luis Rey neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.5% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.5% of all neighborhoods in America, with 38.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

People

For many reasons, San Luis Rey is rated by NeighborhoodScout as one of the top 3.8% of ideal neighborhoods for first-time home buyers in the state of California. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other CA neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.

Diversity

Did you know that the San Luis Rey neighborhood has more Cuban and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Cuban ancestry and 0.4% have Yugoslav ancestry.

San Luis Rey is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the San Luis Rey neighborhood in Oceanside are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.1% of the neighborhoods in America. With 38.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the San Luis Rey neighborhood, 35.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.2%), and 12.3% in the military.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the San Luis Rey neighborhood is English, spoken by 64.6% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the San Luis Rey neighborhood in Oceanside, CA, residents most commonly identify their ethnicity or ancestry as Mexican (34.0%). There are also a number of people of Irish ancestry (11.2%), and residents who report German roots (7.5%), and some of the residents are also of English ancestry (5.4%), along with some Asian ancestry residents (3.5%), among others. In addition, 17.2% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in San Luis Rey neighborhood spend between 15 and 30 minutes commuting one-way to work (50.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (10.1%) and 5.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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