29677 Cool Meadow Dr
MenifeeCA92584
Cheap Homes for Rent in Lake Elsinore, CA from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Elsinore.
23149 Biggs Ln
Canyon LakeCA92587
33792 Harvest Way E
WildomarCA92595
17650 Grand Ave
Lake ElsinoreCA92530
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.
28830 Vacation Dr
Canyon LakeCA92587
3809 Eisenhower Dr
Lake ElsinoreCA92530
close
View Me
24311 Canyon Lake Dr N
Canyon LakeCA92587
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
Showing Results 1-9, 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 a home in Lake Elsinore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Elsinore 2 Bedroom Homes for Rent | $2,533 | $2,195 | $2,870 |
| Lake Elsinore 3 Bedroom Homes for Rent | $2,886 | $2,395 | $4,000 |
| Lake Elsinore 4 Bedroom Homes for Rent | $3,509 | $2,900 | $4,000 |
| Lake Elsinore 5 Bedroom Homes for Rent | $3,530 | $3,400 | $3,750 |
| Lake Elsinore 6 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Lake Elsinore
Explore Lake Elsinore
Lake Elsinore, CA Local Guide
- Lake Elsinore Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Elsinore, CA
Pricing Updated: 08/16/2025Current apartment rentals in the Lake Elsinore, CA area range in price from $1,800 to $4,000 with an overall median price of $3,505. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Country Club Heights Lakeland at $1,800, Alberhill Ranch at $1,855, and Country Club Heights at $1,855. 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 |
|---|---|---|---|
| Country Club Heights Lakeland | $2,510 | $1,800 | 5 |
| Alberhill Ranch | $3,400 | $1,855 | 30 |
| Country Club Heights | $3,400 | $1,855 | 30 |
| Horsethief Canyon | $3,400 | $1,855 | 3 |
| Fox & Jacobs at Rosetta Canyon | $3,587 | $1,924 | 22 |
| Lake Elsinore Hills | $3,587 | $1,924 | 22 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $3,587 | $1,924 | 22 |
| Tuscany Hills | $3,587 | $1,924 | 22 |
| Alderbrook at Canyon Hills | $4,000 | $1,926 | 235 |
| Brookview Terrace | $4,000 | $1,926 | 235 |
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. Grand Oaks Apartments in the Alberhill Ranch neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,835. 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 |
| Grand Oaks Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,835 |
| Lakehouse Apartments | 1x1 | 1BR,1BA | $1,855 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of August 16, 2025 the best value apartment in the Lake Elsinore area is the $2.09 price per square foot 2 Bed 1.5 Bath Model at Grand Oaks Apartments in the in the Alberhill Ranch neighborhood starting from $1,835. 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. |
|---|---|---|---|
| Grand Oaks Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $2.09 |
| Sierra Vista Apartments | 2 Bed 1 Bath upstairs | 2BR,1BA | $2.17 |
| Ridgestone | A1 | 1BR,1BA | $2.60 |
| Shoreline Apartments | Pier | 1BR,1BA | $2.83 |
| 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 |
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
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
Frequently Asked Questions about Lake Elsinore
What type of rentals are currently available in Lake Elsinore?
There are currently 149 Apartments for Rent in Lake Elsinore, CA with pricing that ranges from $1,800 to $4,000. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Elsinore ranging from $750 to $4,000.
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 $750 to $4,000 with an average monthly rent of $2,967.
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 $2,425 to $3,855, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,395 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $3,400.
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.