Cheap Apartments for Rent in Canyon Lake, CA from $1,300 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Canyon Lake.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Hunt Club
2 Bedroom Apartments

The Hunt Club

1355 S Perris BlvdPerris, CA 92570
Showing Results 1-21, Page 1 of 1

Canyon Lake, CA Local Guide

Cheapest Available Canyon Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Canyon Lake, CA is a 1 Bed unit found at Country Hills Apartments in the The Boulders neighborhood priced from $1,375. Arbors at California Oaks in the Estrella Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable Canyon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Hills ApartmentsMesa1BR,1BA$1,375
Arbors at California OaksThe Aspen1BR,1BA$1,695
Waterstone at Murrieta1x11BR,1BA$1,699
Grand Oaks Apartments2 Bed 1.5 Bath2BR,1BA$1,710
Crescent Heights Luxury Apartment HomesStudio FlatStudio,1BA$1,740

Best Value Apartments for Rent in Canyon Lake, CA and Nearby

As of July 23, 2025 the best value apartment in the Canyon Lake area is the $2.20 price per square foot Plan 1 Model at Tricon Menifee in the in the The Grand neighborhood starting from $3,199. The second greatest value Canyon Lake apartment is the C1d - Special - 2414 Model at Avila Apartment Homes starting at $2,795 with a $2.42 price per square foot in the Ashton Hills neighborhood. Here is today’s list of the best values for Canyon Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tricon MenifeePlan 13BR,2.5BA$2.20
Avila Apartment HomesC1d - Special - 24143BR,2BA$2.42
Gables Oak CreekChestnut2BR,2BA$2.10
Gables Alta Murrieta2BDA2BR,2BA$2.26
Antelope Ridge ApartmentsB1 (Eland)2BR,2BA$2.14
Lakeridge Apartments2x12BR,1BA$2.31
Grand Oaks Apartments2 Bed 1.5 Bath2BR,1.5BA$1.94
Lakehouse Apartments2x12BR,1BA$2.41
Cantabria ApartmentsBurgos1BR,1BA$2.44
Laurel Palms Apartments1BR/1BA1BR,1BA$2.48

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Pet Friendly Lifestyle
Canyon Lake, CA

Ranked #587

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Canyon Lake, CA Rentals by Map

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See the most popular apartments and homes in Canyon Lake, CA

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Getting Around Canyon Lake, CA

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Canyon Lake Apartments

How much is rent for a Cheap One Bedroom Canyon Lake Apartment?

The lowest price for a Cheap One Bedroom Canyon Lake Apartment is $1,375 at Country Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Canyon Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Canyon Lake is starting from $1,710 at Grand Oaks Apartments.

What is the most affordable Canyon Lake Three Bedroom Apartment?

The best deal on a cheap Canyon Lake Three Bedroom Apartment rental is at Bell Murrieta Springs and starts from $2,525.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.