33792 Harvest Way E
WildomarCA92595
Cheap Homes for Rent in Lake Elsinore, CA from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Elsinore.
27507 Fallbrook Ct
CoronaCA92883
4781 Sicily Dr
Lake ElsinoreCA92530
32982 Maiden Ln
Lake ElsinoreCA92530
26030 Musick Rd
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.
33141 Case St
Lake ElsinoreCA92530
150 E Lakeshore Dr
Lake ElsinoreCA92530
53193 Trailing Rose Dr
Lake ElsinoreCA92532
26221 Painted Daisy Cir
MenifeeCA92584
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.
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$2,2002 Bedroom Apartments Available Now
23149 Biggs Ln
23149 Biggs LnCanyon Lake, CA 92587
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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 | $2,853 | $1,995 | $5,000 |
| Lake Elsinore 3 Bedroom Homes for Rent | $3,122 | $2,550 | $3,800 |
| Lake Elsinore 4 Bedroom Homes for Rent | $3,518 | $2,995 | $6,000 |
| Lake Elsinore 5 Bedroom Homes for Rent | $3,823 | $3,295 | $5,200 |
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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- School Districts
Cheapest Neighborhoods for Apartments in Lake Elsinore, CA
Pricing Updated: 03/22/2026Current apartment rentals in the Lake Elsinore, CA area range in price from $1,500 to $3,800 with an overall median price of $2,832. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Alberhill Ranch at $1,845, Country Club Heights at $1,500, and Santa Rosa by Fox & Jacobs at Rosetta Canyon at $1,500. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Lake Elsinore Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Alberhill Ranch | $2,499 | $1,845 | 13 |
| Country Club Heights | $2,499 | $1,500 | 14 |
| Santa Rosa by Fox & Jacobs at Rosetta Canyon | $2,613 | $1,500 | 12 |
| Fox & Jacobs at Rosetta Canyon | $2,643 | $1,500 | 11 |
| Lake Elsinore Hills | $2,643 | $1,500 | 16 |
| Tuscany Hills | $2,643 | $1,500 | 16 |
| Alderbrook at Canyon Hills | $3,075 | $1,995 | 144 |
| Brookview Terrace | $3,075 | $1,995 | 144 |
| Country Club Heights Lakeland | $3,800 | $1,500 | 10 |
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 Outer SW Riverside County Temecula neighborhood priced from $1,835. Shoreline Apartments in the Alberhill Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,899. 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 | $1,835 |
| Shoreline Apartments | Bay | 1BR,1BA | $1,899 |
| Boulders Menifee | 2D- 1st Floor (115-116) | 1BR,1BA | $1,995 |
| Ridgestone | A1 | 1BR,1BA | $2,008 |
| Rivers Edge | The Californian | 1BR,1BA | $2,114 |
Best Value Apartments for Rent in Lake Elsinore, CA
As of March 22, 2026 the best value apartment in the Lake Elsinore area is the $2.09 price per square foot 3 Bed 2 Bath Model at Grand Oaks Apartments in the in the Outer SW Riverside County Temecula neighborhood starting from $2,135. The second greatest value Lake Elsinore apartment is the The Californian Model at Rivers Edge starting at $2,114 with a $2.71 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. |
|---|---|---|---|
| Grand Oaks Apartments | 3 Bed 2 Bath | 3BR,2BA | $2.09 |
| Rivers Edge | The Californian | 1BR,1BA | $2.71 |
| Ridgestone | A1 | 1BR,1BA | $2.71 |
| Shoreline Apartments | Pier | 1BR,1BA | $2.84 |
| 240 E Graham Ave, Unit 12 | 240 E Graham Ave | 1BR,1BA | $2.31 |
| Boulders Menifee | 2A-ALT- 1st Floor (101) | 1BR,1BA | $3.18 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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.
Read ArticleCash 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.
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Lake Elsinore, CAPopulation: 68,183
Ranked #535
in US Census Population by City
Best Local Schools in Lake Elsinore, CA
Cottonwood Canyon Elementary
Lake Elsinore Unified School District
Public School - Grades K-5 (0)
8 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 $1,500 to $3,800. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Elsinore ranging from $850 to $6,000.
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 $850 to $6,000 with an average monthly rent of $2,935.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.