34209 Kalanchoe Rd
Lake ElsinoreCA92532
Cheap Homes for Rent in Canyon Lake, CA from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Canyon Lake.
150 E Lakeshore Dr
Lake ElsinoreCA92530
28948 Goetz Rd
Canyon LakeCA92587
28819 Callisto Ct
MenifeeCA92586
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
31133 Antares St
MenifeeCA92584
26218 McCall Blvd
MenifeeCA92586
15651 Vista Way
Lake ElsinoreCA92532
15639 Vista Way
Lake ElsinoreCA92532
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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Canyon Lake, CA Local Guide
Poppies open in the morning sun by Rennett Stowe is licensed under CC BY 2.0
How much does it cost to rent a home in Canyon Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canyon Lake 2 Bedroom Homes for Rent | $2,478 | $1,595 | $2,975 |
| Canyon Lake 3 Bedroom Homes for Rent | $3,033 | $2,595 | $3,500 |
| Canyon Lake 4 Bedroom Homes for Rent | $3,688 | $3,100 | $4,300 |
| Canyon Lake 5 Bedroom Homes for Rent | $4,207 | $3,100 | $7,499 |
| Canyon Lake 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Canyon Lake
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Canyon Lake, CA Local Guide
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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. Crescent Heights Luxury Apartment Homes in the Estrella Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. Here is today’s list of the most affordable Canyon Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Hills Apartments | Mesa | 1BR,1BA | $1,375 |
| Crescent Heights Luxury Apartment Homes | Studio Flat | Studio,1BA | $1,595 |
| Waterstone at Murrieta | 1x1 | 1BR,1BA | $1,699 |
Best Value Apartments for Rent in Canyon Lake, CA and Nearby
As of November 14, 2025 the best value apartment in the Canyon Lake area is the $2.10 price per square foot Plan 1 Model at Tricon Winchester in the in the Mystic Point neighborhood starting from $3,219. The second greatest value Canyon Lake apartment is the Duet 1 Model at Tricon Menifee starting at $3,199 with a $2.20 price per square foot in the The Grand neighborhood. Here is today’s list of the best values for Canyon Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tricon Winchester | Plan 1 | 3BR,2.5BA | $2.10 |
| Tricon Menifee | Duet 1 | 3BR,2.5BA | $2.20 |
| Gables Oak Creek | Engelmann | 3BR,2BA | $1.93 |
| Avila Apartment Homes | C1d - 1114 - Carport | 3BR,2BA | $2.30 |
| Gables Alta Murrieta | 2BDA | 2BR,2BA | $2.33 |
| Grand Oaks Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $2.09 |
| Villagio Apartments | Barcelona | 2BR,1BA | $2.41 |
| Antelope Ridge Apartments | A2 (Oryx) | 1BR,1BA | $2.42 |
| Cantabria Apartments | Burgos | 1BR,1BA | $2.35 |
| Rivers Edge | The Cottage | 1BR,1BA | $2.40 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleCanyon Lake, CA
Ranked #605
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Canyon Lake, CA Rentals by Map
See the most popular apartments and homes in Canyon Lake, CA
Frequently Asked Questions about Canyon Lake
What type of rentals are currently available in Canyon Lake?
There are currently 47 Apartments for Rent in Canyon Lake, CA with pricing that ranges from $1,375 to $4,445. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon Lake ranging from $1,200 to $7,499.
What is the current price range for Rental Homes in Canyon Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Canyon Lake ranges from $1,200 to $7,499 with an average monthly rent of $3,288.
How much are larger Three and Four Bedroom Rentals in Canyon Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Canyon Lake range from $1,900 to $4,224, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,595 to $3,500. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,249.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.