14809 Hidden Palm Ct
Lake ElsinoreCA92530
Cheap Homes for Rent in Lake Elsinore, CA from $850 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Elsinore.
1800 E Lakeshore Dr, Unit 1008
1800 E Lakeshore Dr
Lake ElsinoreCA92530
30639 Champion Dr
Canyon LakeCA92587
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
32982 Maiden Ln
Lake ElsinoreCA92530
29984 Big Range Rd
Canyon LakeCA92587
17330 Curtis Ave
Lake ElsinoreCA92530
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $2,410 | $1,800 | $2,800 |
| Lake Elsinore 3 Bedroom Homes for Rent | $3,418 | $2,500 | $7,500 |
| Lake Elsinore 4 Bedroom Homes for Rent | $3,627 | $3,000 | $4,995 |
| Lake Elsinore 5 Bedroom Homes for Rent | $3,336 | $1,200 | $4,195 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Lake Elsinore, CA Local Guide
- Lake Elsinore Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Homes in Lake Elsinore, CA
Pricing Updated: 09/19/2026Current rental homes in the Lake Elsinore, CA area range in price from $850 to $4,995 with an overall median price of $3,116. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Country Club Heights Lakeland at $1,747, Country Club Heights at $2,250, and Alberhill Ranch at $2,525. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lake Elsinore Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Country Club Heights Lakeland | $1,747 | $1,300 | 2 |
| Country Club Heights | $2,250 | $2,250 | 3 |
| Alberhill Ranch | $2,525 | $2,250 | 4 |
| Lake Elsinore Hills | $2,825 | $950 | 10 |
| Fox & Jacobs at Rosetta Canyon | $2,875 | $1,975 | 10 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $3,024 | $1,200 | 8 |
| Alderbrook at Canyon Hills | $3,200 | $950 | 17 |
| Brookview Terrace | $3,250 | $1,200 | 15 |
| Horsethief Canyon | $3,565 | $850 | 21 |
| Tuscany Hills | $4,000 | $1,975 | 1 |
Cheapest Available Lake Elsinore Homes for Rent
The cheapest available rental home in Lake Elsinore, CA is a 3 Beds home found at 16035 Vía Norte in the Outer SW Riverside County Temecula neighborhood priced from $2,699. 900 W Graham Ave in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood has the second lowest priced home, which is a 2 Beds rental home currently listed from $2,700. Here is today’s list of the most affordable Lake Elsinore homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 16035 Vía Norte | 16035 Vía Norte | 3BR, 2BA | $2,699 |
| 900 W Graham Ave | 900 W Graham Ave | 2BR, 2BA | $2,700 |
| 25375 Mountain Springs St | 25375 Mountain Springs St | 3BR, 2BA | $2,910 |
Best Value Homes for Rent in Lake Elsinore, CA
As of September 19, 2026 the best value rental home in the Lake Elsinore area is the $1.47 price per square foot 29880 Longhorn Dr Model at 29880 Longhorn Dr in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood starting from $4,995. The second greatest value Lake Elsinore rental home is the 30639 Champion Dr Model at 30639 Champion Dr in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood starting at $1,200 with a $0.48 price per square foot. Here is today’s list of the best values for Lake Elsinore homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 29880 Longhorn Dr | 29880 Longhorn Dr | 4BR, 3BA | $1.47 |
| 30639 Champion Dr | 30639 Champion Dr | 5BR, 2.5BA | $0.48 |
| 27125 Calendula St | 27125 Calendula St | 5BR, 3BA | $1.58 |
| 25136 High Plains Ct | 25136 High Plains Ct | 4BR, 2BA | $1.68 |
| 3401 Spruce St | 3401 Spruce St | 4BR, 3BA | $1.98 |
| 1800 E Lakeshore Dr, Unit 1008 | 1800 E Lakeshore Dr | 1BR, 1.5BA | $0.56 |
| 662 Woodcrest Dr, Unit #B | 662 Woodcrest Dr | 2BR, 2.5BA | $1.75 |
| 25375 Mountain Springs St | 25375 Mountain Springs St | 3BR, 2BA | $1.82 |
| 804 Napa St | 804 Napa St | 4BR, 2BA | $2.19 |
| 16035 Vía Norte | 16035 Vía Norte | 3BR, 2BA | $1.94 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 151 Apartments for Rent in Lake Elsinore, CA with pricing that ranges from $1,200 to $4,002. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Elsinore ranging from $850 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 $850 to $7,500 with an average monthly rent of $3,114.
How much are larger Three and Four Bedroom Rentals in Lake Elsinore?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Elsinore range from $2,445 to $3,908, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,982.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.