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$1,848 - $2,7201 to 2 Bedroom Apartments Available Now
Rivers Edge
2088 E Lakeshore DrLake Elsinore, CA 92530
Cheap Apartments for Rent in Lake Elsinore, CA from $400 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Elsinore.
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Rent Specials
$1,950 - $2,7751 to 3 Bedroom Apartments Available Now
Shoreline Apartments
15120-15150 Grand AveLake Elsinore, CA 92530
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Rent Specials
$1,898 - $5,202
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,898 - $5,202
Total Monthly Price
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Ridgestone
39415 Ardenwood WayLake Elsinore, CA 92532
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$1,845 - $2,4951 to 3 Bedroom Apartments Contact Us For Availability
Lakehouse Apartments
15195 Lincoln StLake Elsinore, CA 92530
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2 Bedroom Apartments
33078-33080 Adelfa St
33078-33080 Adelfa StLake Elsinore, CA 92530
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2 Bedroom Apartments
17920-17934 Grand Ave
17920-17934 Grand AveLake Elsinore, CA 92530
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1 Bedroom Apartments
226 E Peck St
226 E Peck StLake Elsinore, CA 92530
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Studio Apartments
18130-18150 Grand Ave
18130-18150 Grand AveLake Elsinore, CA 92530
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1 to 3 Bedroom Apartments
17856 Grand Ave
17856 Grand AveLake Elsinore, CA 92530
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2 to 3 Bedroom Apartments
505 W Limited Ave
505 W Limited AveLake Elsinore, CA 92530
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Studio Apartments
117 N Lowell St
117 N Lowell StLake Elsinore, CA 92530
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Studio Apartments
The Highlands at Nichols Ranch
19311 Bigfork RdLake Elsinore, CA 92532
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Studio Apartments
409-411 W Pottery St
409-411 W Pottery StLake Elsinore, CA 92530
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2 Bedroom Apartments
Lakeshore Villas Apartment
16377 Lakeshore DrLake Elsinore, CA 92530
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2 Bedroom Apartments
16341-16347 Grand Ave
16341-16347 Grand AveLake Elsinore, CA 92530
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Studio Apartments
Sun Lake Apartments
33111 Jamieson StLake Elsinore, CA 92530
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Studio to 2 Bedroom Apartments
110-118 W Heald Ave
110-118 W Heald AveLake Elsinore, CA 92530
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1 to 2 Bedroom Apartments
313-317 N Main St
313-317 N Main StLake Elsinore, CA 92530
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2 Bedroom Apartments
212 N Langstaff St
212 N Langstaff StLake Elsinore, CA 92530
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Studio Apartments
Peck Street Manor Apartments
250-254 E Peck StLake Elsinore, CA 92530
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.
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Studio Apartments
260 N Main St
260 N Main StLake Elsinore, CA 92530
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2 to 3 Bedroom Apartments
507 W Limited Ave
507 W Limited AveLake Elsinore, CA 92530
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Studio to 3 Bedroom Apartments
307 N Riley St
307 N Riley StLake Elsinore, CA 92530
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1 to 2 Bedroom Apartments
304 S Spring St
304 S Spring StLake Elsinore, CA 92530
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3 Bedroom Apartments
16420 W Joy St
16420 W Joy StLake Elsinore, CA 92530
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2 to 3 Bedroom Apartments
501 W Limited Ave
501 W Limited AveLake Elsinore, CA 92530
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2 to 3 Bedroom Apartments
509 W Limited St
509 W Limited StLake Elsinore, CA 92530
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Studio Apartments
3600 Nashland Ave
3600 Nashland AveLake Elsinore, CA 92530
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Studio Apartments
33056-33074 Adelfa St
33056-33074 Adelfa StLake Elsinore, CA 92530
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1 to 3 Bedroom Apartments
21000 Mariposa Rd
21000 Mariposa RdLake Elsinore, CA 92530
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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2 to 3 Bedroom Apartments
3681 Nashland Ave
3681 Nashland AveLake Elsinore, CA 92530
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Studio Apartments
Crane Lakeside Park
15980 Grand AveLake Elsinore, CA 92530
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3 Bedroom Apartments
32764 Ortega Hwy
32764 Ortega HwyLake Elsinore, CA 92530
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Studio Apartments
Playland RV Resort
16730 Grand AveLake Elsinore, CA 92530
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Studio Apartments
15129 Joy St
15129 Joy StLake Elsinore, CA 92530
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Studio Apartments
16495 Joy St
16495 Joy StLake Elsinore, CA 92530
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2 Bedroom Apartments
503 Limited Ave
503 Limited AveLake Elsinore, CA 92530
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Studio Apartments
Weekend Paradise R.v. Park
16006 Grand AveLake Elsinore, CA 92530
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3 Bedroom Apartments
16459 Joy St
16459 Joy StLake Elsinore, CA 92530
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2 to 3 Bedroom Apartments
511 W Limited Ave
511 W Limited AveLake Elsinore, CA 92530
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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2 Bedroom Apartments
17810 Grand Ave
17810 Grand AveLake Elsinore, CA 92530
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2 to 3 Bedroom Apartments
705 Quail Dr
705 Quail DrLake Elsinore, CA 92530
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Studio Apartments
Butterfield Village Mobile Hm. Pk.
32900 Riverside DrLake Elsinore, CA 92530
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1 to 3 Bedroom Apartments
Grand Oaks Apartments
15190 Grand AveLake Elsinore, CA 92530
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1 to 3 Bedroom Apartments
Sierra Vista Apartments
15177 Lincoln StLake Elsinore, CA 92530
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1 to 3 Bedroom Apartments
Lakeview Apartments II
32211 Riverside DrLake Elsinore, CA 92530
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2 Bedroom Apartments
33071-33091 Santa Rosa Dr
33071-33091 Santa Rosa DrLake Elsinore, CA 92530
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Studio to 3 Bedroom Apartments
32986 Blackwell Blvd
32986 Blackwell BlvdLake Elsinore, CA 92530
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Studio Apartments
113 S Spring St
113 S Spring StLake Elsinore, CA 92530
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1 to 3 Bedroom Apartments
Walnut Grove Apartments
16460 Joy StLake Elsinore, CA 92530
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.
Lake Elsinore, CA Local Guide
How much does it cost to rent an apartment in Lake Elsinore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Elsinore 1 Bedroom Apartments | $2,111 | $1,500 | $2,500 |
| Cheap Lake Elsinore 2 Bedroom Apartments | $2,683 | $1,990 | $2,770 |
| Cheap Lake Elsinore 3 Bedroom Apartments | $2,877 | $2,295 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Lake Elsinore
See all Apartments in Lake ElsinoreExplore Lake Elsinore
Lake Elsinore, CA Local Guide
Written By:
Staff Writer Local Guide Expert
- Lake Elsinore Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Elsinore, CA
Pricing Updated: 04/21/2026Current apartment rentals in the Lake Elsinore, CA area range in price from $1,500 to $2,995 with an overall median price of $2,632. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Horsethief Canyon at $1,845, Alberhill Ranch at $1,845, and Country Club Heights at $1,500. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lake Elsinore Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Horsethief Canyon | $2,495 | $1,845 | 1 |
| Alberhill Ranch | $2,522 | $1,845 | 21 |
| Country Club Heights | $2,522 | $1,500 | 22 |
| Fox & Jacobs at Rosetta Canyon | $2,533 | $1,500 | 18 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $2,533 | $1,500 | 18 |
| Lake Elsinore Hills | $2,542 | $1,500 | 24 |
| Tuscany Hills | $2,542 | $1,500 | 24 |
| Country Club Heights Lakeland | $2,648 | $1,500 | 11 |
| Alderbrook at Canyon Hills | $2,995 | $1,848 | 7 |
| Brookview Terrace | $2,995 | $1,848 | 8 |
Cheapest Available Lake Elsinore Apartments for Rent
The cheapest available apartment rental in Lake Elsinore, CA is a 1 Bed unit found at Rivers Edge in the Brookview Terrace neighborhood priced from $1,867. Ridgestone in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,898. Here is today’s list of the most affordable Lake Elsinore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rivers Edge | The Cottage | 1BR,1BA | $1,867 |
| Ridgestone | A1 | 1BR,1BA | $1,898 |
| Shoreline Apartments | Pier | 1BR,1BA | $1,975 |
| Boulders Menifee | 2D- 1st Floor (115-116) | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of April 21, 2026 the best value apartment in the Lake Elsinore area is the $1.94 price per square foot 2 Bed 1.5 Bath Model at Grand Oaks Apartments in the in the Outer SW Riverside County Temecula neighborhood starting from $1,710. The second greatest value Lake Elsinore apartment is the The Californian Model at Rivers Edge starting at $2,013 with a $2.58 price per square foot in the Brookview Terrace neighborhood. Here is today’s list of the best values for Lake Elsinore apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Oaks Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.94 |
| Rivers Edge | The Californian | 1BR,1BA | $2.58 |
| Ridgestone | A1 | 1BR,1BA | $2.56 |
| Shoreline Apartments | Pier | 1BR,1BA | $2.95 |
| 240 E Graham Ave, Unit 12 | 240 E Graham Ave | 1BR,1BA | $2.31 |
| 26266 Cherry Plum, Unit ADU | 26266 Cherry Plum | 1BR,1BA | $4.10 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Lake Elsinore Overview
If you’ve decided to look for Lake Elsinore apartments, then you’ve made a great decision. With a higher quality of life, a historic downtown, and many things to do and see, Lake Elsinore is a wonderful place to live. Furthermore, residents are in love with the weather in Lake Elsinore. With a very mild winter and summers that are bearable, staying comfortable is very easy in this city! And if you want to cool off, there is a gorgeous lake just minutes away and the beach is only a one-hour drive down the highway! Whether you want to raise a family or just try somewhere new after finishing college, then Lake Elsinore is a top place to call home!
Why live in Lake Elsinore, CA?
If you’ve decided to look for Lake Elsinore apartments, then you’ve made a great decision. With a higher quality of life, a historic downtown, and many things to do and see, Lake Elsinore is a wonderful place to live. Furthermore, residents are in love with the weather in Lake Elsinore. With a very mild winter and summers that are bearable, staying comfortable is very easy in this city! And if you want to cool off, there is a gorgeous lake just minutes away and the beach is only a one-hour drive down the highway! Whether you want to raise a family or just try somewhere new after finishing college, then Lake Elsinore is a top place to call home!
Lake Elsinore, CAPopulation: 68,183
Ranked #535
in US Census Population by City
Best Local Schools in Lake Elsinore, CA
Rice Canyon Elementary
Lake Elsinore Unified School District
Public School - Grades K-5 (596)
7 out of 10
Temescal Canyon High
Lake Elsinore Unified School District
Public School - Grades 9-12 (2373)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Elsinore, CA Rentals by Map
See the most popular apartments and homes in Lake Elsinore, CA
Frequently Asked Questions about Cheap Lake Elsinore Apartments
How much is rent for a Cheap One Bedroom Lake Elsinore Apartment?
The lowest price for a Cheap One Bedroom Lake Elsinore Apartment is $1,848 at Rivers Edge.
What is the lowest price for a Cheap Two Bedroom Lake Elsinore Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Elsinore is starting from $2,250 at Shoreline Apartments.
Expert Rental Resources
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.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.