33141 Case St
Lake ElsinoreCA92530
Cheap Homes for Rent in Lake Elsinore, CA from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Elsinore.
33244 Churchill St
Lake ElsinoreCA92530
24099 CA-74
PerrisCA92570
33244 Churchill St
Lake ElsinoreCA92530
207 E Graham Ave
Lake ElsinoreCA92530
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.
33141 Case St
Lake ElsinoreCA92530
150 E Lakeshore Dr, Unit 55plusSeniorEndUnit
150 E Lakeshore Dr
Lake ElsinoreCA92530
35232 Tulsi Ct
Lake ElsinoreCA92532
249 E Graham Ave
Lake ElsinoreCA92530
31133 Antares St
MenifeeCA92584
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.
206 Townsend St
Lake ElsinoreCA92530
Showing Results 1-11, Page 1 of 1
Lake Elsinore, CA Local Guide
How much does it cost to rent a home in Lake Elsinore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Elsinore 2 Bedroom Homes for Rent | $2,212 | $1,445 | $3,500 |
| Lake Elsinore 3 Bedroom Homes for Rent | $3,200 | $2,100 | $7,500 |
| Lake Elsinore 4 Bedroom Homes for Rent | $3,362 | $2,800 | $3,990 |
| Lake Elsinore 5 Bedroom Homes for Rent | $4,066 | $3,700 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lake Elsinore
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Lake Elsinore, CA Local Guide
- Lake Elsinore Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Elsinore, CA
Pricing Updated: 06/21/2026Current apartment rentals in the Lake Elsinore, CA area range in price from $1,695 to $4,412 with an overall median price of $2,997. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Horsethief Canyon at $1,845, Country Club Heights Lakeland at $1,695, and Alberhill Ranch at $1,795. 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 | $2,445 | $1,845 | 3 |
| Country Club Heights Lakeland | $2,522 | $1,695 | 10 |
| Alberhill Ranch | $2,585 | $1,795 | 21 |
| Country Club Heights | $2,585 | $1,795 | 21 |
| Alderbrook at Canyon Hills | $2,995 | $1,921 | 112 |
| Brookview Terrace | $2,995 | $1,921 | 112 |
| Fox & Jacobs at Rosetta Canyon | $3,454 | $1,918 | 17 |
| Lake Elsinore Hills | $3,454 | $1,918 | 24 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $3,454 | $1,918 | 17 |
| Tuscany Hills | $3,484 | $1,918 | 23 |
Cheapest Available Lake Elsinore Apartments for Rent
The cheapest available apartment rental in Lake Elsinore, CA is a 1 Bed unit found at Grand Oaks Apartments in the Outer SW Riverside County Temecula neighborhood priced from $1,600. Lakehouse Apartments in the Horsethief Canyon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,845. 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 | 1 Bed 1 Bath | 1BR,1BA | $1,600 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $1,845 |
| Ridgestone | A5 | 1BR,1BA | $1,918 |
| Rivers Edge | The Californian | 1BR,1BA | $1,921 |
| Boulders Menifee | 2D- 1st Floor (115-116) | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of June 21, 2026 the best value apartment in the Lake Elsinore area is the $2.60 price per square foot C1 Model at Ridgestone in the in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood starting from $3,454. The second greatest value Lake Elsinore apartment is the The Foursquare Model at Rivers Edge starting at $2,789 with a $2.53 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. |
|---|---|---|---|
| Ridgestone | C1 | 3BR,2BA | $2.60 |
| Rivers Edge | The Foursquare | 2BR,2BA | $2.53 |
| Shoreline Apartments | Bay | 1BR,1BA | $2.98 |
| Grand Oaks Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.42 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $2.88 |
| Boulders Menifee | 2A-ALT- 1st Floor (101) | 1BR,1BA | $3.18 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 Lake Elsinore
What type of rentals are currently available in Lake Elsinore?
There are currently 148 Apartments for Rent in Lake Elsinore, CA with pricing that ranges from $1,695 to $4,412. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Elsinore ranging from $1,150 to $7,500.
What is the current price range for Rental Homes in Lake Elsinore?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Elsinore ranges from $1,150 to $7,500 with an average monthly rent of $2,619.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.