close
View Me
$1,985 - $2,2481 to 2 Bedroom Apartments Available Sep 10
Rivers Edge
2088 E Lakeshore DrLake Elsinore, CA 92530
Cheap Apartments for Rent in Lake Elsinore, CA from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Elsinore.
close
View Me
$1,899 - $2,7751 to 3 Bedroom Apartments Available Now
Shoreline Apartments
15120-15150 Grand AveLake Elsinore, CA 92530
close
View Me
Rent Specials
$1,937 - $4,0721 to 3 Bedroom Apartments Available Now
Ridgestone
39415 Ardenwood WayLake Elsinore, CA 92532
close
View Me
Rent Specials
$1,855 - $2,1751 to 2 Bedroom Apartments Available Now
Lakehouse Apartments
15195 Lincoln StLake Elsinore, CA 92530
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
The 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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Cash 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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-43, Page 1 of 1
Lake Elsinore, CA Local Guide
Lake Elsinore wildflowers by Jim_Sneddon is licensed under CC BY 2.0
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 | $2,102 | $1,550 | $2,445 |
| Cheap Lake Elsinore 2 Bedroom Apartments | $2,841 | $2,000 | $2,965 |
| Cheap Lake Elsinore 3 Bedroom Apartments | $3,100 | $2,499 | $4,072 |
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: 07/31/2025Current apartment rentals in the Lake Elsinore, CA area range in price from $1,550 to $4,072 with an overall median price of $3,208. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Horsethief Canyon at $1,695, Country Club Heights Lakeland at $1,550, and Alderbrook at Canyon Hills at $1,985. 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 | $2,075 | $1,695 | 2 |
| Country Club Heights Lakeland | $2,510 | $1,550 | 2 |
| Alderbrook at Canyon Hills | $3,075 | $1,985 | 234 |
| Brookview Terrace | $3,075 | $1,985 | 234 |
| Alberhill Ranch | $3,144 | $1,695 | 22 |
| Country Club Heights | $3,144 | $1,695 | 23 |
| Fox & Jacobs at Rosetta Canyon | $3,766 | $1,695 | 20 |
| Lake Elsinore Hills | $3,766 | $1,937 | 20 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $3,766 | $1,937 | 20 |
| Tuscany Hills | $3,766 | $1,937 | 20 |
Cheapest Available Lake Elsinore Apartments for Rent
The cheapest available apartment rental in Lake Elsinore, CA is a 2 Beds unit found at Grand Oaks Apartments in the Alberhill Ranch neighborhood priced from $1,710. Lakehouse Apartments in the Horsethief Canyon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,855. Here is today’s list of the most affordable Lake Elsinore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand Oaks Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,710 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $1,855 |
| Ridgestone | A2 | 1BR,1BA | $1,937 |
| Boulders Menifee | 2D- 1st Floor (115-116) | 1BR,1BA | $1,995 |
| Sierra Vista Apartments | 3 Bed 1.5 Bath | 3BR,1BA | $2,075 |
| Shoreline Apartments | Marina | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of July 31, 2025 the best value apartment in the Lake Elsinore area is the $1.66 price per square foot 3 Bed 1.5 Bath Model at Sierra Vista Apartments in the in the Horsethief Canyon neighborhood starting from $2,075. The second greatest value Lake Elsinore apartment is the 2 Bed 1.5 Bath Model at Grand Oaks Apartments starting at $1,710 with a $1.94 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. |
|---|---|---|---|
| Sierra Vista Apartments | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.66 |
| Grand Oaks Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.94 |
| Shoreline Apartments | Marina | 2BR,1.5BA | $2.59 |
| Ridgestone | A1 | 1BR,1BA | $2.62 |
| 16911 Glenetta Way, Unit 3 | 16911 Glenetta Way | 1BR,1BA | $2.12 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $2.90 |
| Boulders Menifee | 2A-ALT- 1st Floor (101) | 1BR,1BA | $3.18 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Lake Elsinore area?
If you’re an expert on all things Lake Elsinore, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Lake Elsinore Unified School District
Public School - Grades K-5 (789)
7 out of 10
Temescal Canyon High
Lake Elsinore Unified School District
Public School - Grades 9-12 (2176)
6 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
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 $1,855 at Lakehouse Apartments.
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 $1,710 at Grand Oaks Apartments.
What is the most affordable Lake Elsinore Three Bedroom Apartment?
The best deal on a cheap Lake Elsinore Three Bedroom Apartment rental is at Sierra Vista Apartments and starts from $2,075.
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 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.
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.
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.