
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.


Shoreline Apartments

Lakehouse Apartments

Ridgestone
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 Studio Apartments | $1,800 | $1,800 | $1,800 |
Cheap Lake Elsinore 1 Bedroom Apartments | $2,106 | $1,799 | $2,541 |
Cheap Lake Elsinore 2 Bedroom Apartments | $2,822 | $1,695 | $2,965 |
Cheap Lake Elsinore 3 Bedroom Apartments | $3,019 | $2,425 | $3,183 |
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Lake Elsinore, CA Local Guide

- Lake Elsinore Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lake Elsinore, CA
Pricing Updated: 09/15/2025Current apartment rentals in the Lake Elsinore, CA area range in price from $980 to $6,400 with an overall median price of $3,136. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Alberhill Ranch at $1,899, Country Club Heights at $1,899, and Country Club Heights Lakeland 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 |
---|---|---|---|
Alberhill Ranch | $1,899 | $1,899 | 1 |
Country Club Heights | $1,899 | $1,899 | 1 |
Country Club Heights Lakeland | $2,250 | $1,500 | 4 |
Alderbrook at Canyon Hills | $3,395 | $1,000 | 16 |
Brookview Terrace | $3,395 | $980 | 18 |
Tuscany Hills | $3,500 | $3,500 | 1 |
Fox & Jacobs at Rosetta Canyon | $3,525 | $1,899 | 13 |
Lake Elsinore Hills | $3,525 | $1,000 | 15 |
Santa Rosa by Fox & Jacobs at Rosetta Canyon | $3,525 | $1,000 | 12 |
Horsethief Canyon | $4,450 | $1,500 | 14 |
Cheapest Available Lake Elsinore Apartments for Rent
 The cheapest available apartment rental in Lake Elsinore, CA is a 2 Beds unit found at Sierra Vista Apartments in the Horsethief Canyon neighborhood priced from $1,825. 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 $1,840. Here is today’s list of the most affordable Lake Elsinore apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sierra Vista Apartments | 2 Bed 1 Bath upstairs | 2BR,1BA | $1,825 |
Ridgestone | A2 | 1BR,1BA | $1,840 |
Lakehouse Apartments | 1x1 | 1BR,1BA | $1,855 |
Boulders Menifee | 2D- 1st Floor (115-116) | 1BR,1BA | $1,995 |
Shoreline Apartments | Alcove | 2BR,1BA | $2,099 |
Rivers Edge | The Craftsman | 2BR,2BA | $2,158 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of September 15, 2025 the best value apartment in the Lake Elsinore area is the $2.01 price per square foot The Craftsman Model at Rivers Edge in the in the Brookview Terrace neighborhood starting from $2,158. The second greatest value Lake Elsinore apartment is the 33080 Jamieson St Model at 33080 Jamieson St, Unit 4 starting at $1,695 with a $1.61 price per square foot in the Alberhill Ranch 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. |
---|---|---|---|
Rivers Edge | The Craftsman | 2BR,2BA | $2.01 |
33080 Jamieson St, Unit 4 | 33080 Jamieson St | 2BR,1.5BA | $1.61 |
Shoreline Apartments | Marina | 2BR,1.5BA | $2.53 |
Sierra Vista Apartments | 2 Bed 1 Bath upstairs | 2BR,1BA | $2.17 |
Ridgestone | A1 | 1BR,1BA | $2.49 |
Lakehouse Apartments | 1x1 | 1BR,1BA | $2.90 |
Boulders Menifee | 2A-ALT- 1st Floor (101) | 1BR,1BA | $3.18 |
18173 Brightman Ave, Unit A | 18173 Brightman Ave | Studio ,1BA | $3.00 |
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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!
Best Local Schools in Lake Elsinore, CA
Cottonwood Canyon Elementary
Temescal Canyon High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Lake Elsinore, CA
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
30 / 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 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 $1,840 at Ridgestone.
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 $1,825 at Sierra Vista Apartments.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.