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Temecula is a bit out of the way though. If you want to be closer to the city, you may want to check out places like Tierrasanta or Del Cerro, nicer areas with a price tag but I don't think as expensive as La Jolla. Though I have friends in La Jolla that don't have outrageous rent prices, you just need to look around.
I wouldn't buy right now though, I personally think its a bad idea even though I don't know all that much about real estate. Several houses on my block have been on sale for 6+ months and finding a place to rent isn't near as hard as it was 18 months ago. I think prices will drop within the next 18-24 months, just something to think about.
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