33244 Churchill St
Lake ElsinoreCA92530
Cheap Homes for Rent in Lake Elsinore, CA from $1,300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Elsinore.
32982 Maiden Ln
Lake ElsinoreCA92530
207 E Graham Ave
Lake ElsinoreCA92530
17339 Akley St
Lake ElsinoreCA92530
150 E Lakeshore Dr, Unit 55plusSeniorEndUnit
150 E Lakeshore Dr
Lake ElsinoreCA92530
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.
150 E Lakeshore Dr, Unit 55+
150 E Lakeshore Dr
Lake ElsinoreCA92530
33244 Churchill St
Lake ElsinoreCA92530
17441 Ryan Ave
Lake ElsinoreCA92530
150 E Lakeshore Dr
Lake ElsinoreCA92530
16840 Bell Ave, Unit 1
16840 Bell 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.
29272 Murrieta Rd
MenifeeCA92586
206 Townsend St
Lake ElsinoreCA92530
34770 Carina Pl.
MurrietaCA92563
26217 Birkdale Rd
MenifeeCA92586
17430 Cottrell Blvd
Lake ElsinoreCA92530
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-15, 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 | $2,248 | $1,500 | $3,000 |
| Lake Elsinore 3 Bedroom Homes for Rent | $3,376 | $2,350 | $7,500 |
| Lake Elsinore 4 Bedroom Homes for Rent | $3,512 | $3,000 | $4,100 |
| Lake Elsinore 5 Bedroom Homes for Rent | $3,772 | $3,595 | $3,995 |
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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- School Districts
Cheapest Neighborhoods for Apartments in Lake Elsinore, CA
Pricing Updated: 08/05/2026Current apartment rentals in the Lake Elsinore, CA area range in price from $1,395 to $5,825 with an overall median price of $2,532. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Horsethief Canyon at $1,990, Alberhill Ranch at $2,122, and Country Club Heights at $2,122. 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 | $1,990 | $1,845 | 3 |
| Alberhill Ranch | $2,122 | $1,845 | 19 |
| Country Club Heights | $2,122 | $1,600 | 20 |
| Country Club Heights Lakeland | $2,151 | $1,600 | 6 |
| Fox & Jacobs at Rosetta Canyon | $2,161 | $1,395 | 17 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $2,161 | $1,395 | 17 |
| Lake Elsinore Hills | $2,177 | $1,395 | 19 |
| Tuscany Hills | $2,177 | $1,600 | 18 |
| Alderbrook at Canyon Hills | $2,745 | $1,995 | 107 |
| Brookview Terrace | $2,745 | $1,995 | 107 |
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. Sierra Vista Apartments in the Horsethief Canyon neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,825. 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 |
| Sierra Vista Apartments | 2 Bed 1 Bath upstairs | 2BR,1BA | $1,825 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $1,845 |
| Shoreline Apartments | Bay | 1BR,1BA | $1,899 |
| Ridgestone | A2 | 1BR,1BA | $1,914 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of August 05, 2026 the best value apartment in the Lake Elsinore area is the $2.26 price per square foot 2 bed, 2 bath Model at Graham Ave in the in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood starting from $1,995. The second greatest value Lake Elsinore apartment is the 2 Bed 1 Bath upstairs Model at Sierra Vista Apartments starting at $1,825 with a $2.17 price per square foot in the Horsethief Canyon 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. |
|---|---|---|---|
| Graham Ave | 2 bed, 2 bath | 2BR,2BA | $2.26 |
| Sierra Vista Apartments | 2 Bed 1 Bath upstairs | 2BR,1BA | $2.17 |
| Ridgestone | A5 | 1BR,1BA | $2.56 |
| Rivers Edge | The Californian | 1BR,1BA | $2.56 |
| Shoreline Apartments | Bay | 1BR,1BA | $2.98 |
| 240 E Graham Ave, Unit 12 | 240 E Graham Ave | 1BR,1BA | $2.46 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $2.88 |
| Boulders Menifee | 2A-ALT- 1st Floor (101) | 1BR,1BA | $3.18 |
| 18173 Brightman Ave, Unit A | 18173 Brightman Ave | Studio ,1BA | $5.00 |
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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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 153 Apartments for Rent in Lake Elsinore, CA with pricing that ranges from $1,395 to $5,825. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Elsinore ranging from $1,300 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 $1,300 to $7,500 with an average monthly rent of $2,990.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.