
Cheap Apartments for Rent in the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Elsinore Hills area of Lake Elsinore.


Total Monthly Price
Ridgestone

226 E Peck St

505 W Limited Ave

409-411 W Pottery St

117 N Lowell St

The Highlands at Nichols Ranch

307 N Riley St
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110-118 W Heald Ave

509 W Limited St

212 N Langstaff St

501 W Limited Ave

260 N Main St

Peck Street Manor Apartments

304 S Spring St

313-317 N Main St
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.

507 W Limited Ave

511 W Limited Ave

503 Limited Ave

113 S Spring St

Parkside Apartments

120-124 E Prospect Ave

Rancho Laguna Apartments

121 S Spring St
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.
Lake Elsinore Hills, Lake Elsinore, CA Local Guide

How much does it cost to rent an apartment in Lake Elsinore Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Elsinore Hills Studio Apartments | $1,150 | $1,150 | $1,150 |
| Lake Elsinore Hills 1 Bedroom Apartments | $2,040 | $1,200 | $2,479 |
| Lake Elsinore Hills 2 Bedroom Apartments | $2,456 | $1,395 | $2,693 |
| Lake Elsinore Hills 3 Bedroom Apartments | $3,125 | $2,500 | $3,545 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 3 mile radius of the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA.
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Lake Elsinore Hills, Lake Elsinore, CA Local Guide
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Cheapest Available Lake Elsinore Hills Apartments for Rent
 The cheapest available apartment rental in the Lake Elsinore Hills area of Lake Elsinore, CA is a 1 Bed unit found at Ridgestone priced from $1,912. Rivers Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,967. Here are the most affordable Lake Elsinore Hills apartments for rent in Lake Elsinore, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgestone | A2 | 1BR,1BA | $1,912 |
| Rivers Edge | The Californian | 1BR,1BA | $1,967 |
| Graham Ave | 2 bed, 2 bath | 2BR,2BA | $1,995 |
Best Value Apartments for Rent in Lake Elsinore Hills, CA
As of August 20, 2026 the best value apartment in the Lake Elsinore Hills 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 Hills apartment is the A5 Model at Ridgestone starting at $2,112 with a $2.66 price per square foot in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood. Here is today’s list of the best values for Lake Elsinore Hills 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 |
| Ridgestone | A5 | 1BR,1BA | $2.66 |
| Rivers Edge | The Californian | 1BR,1BA | $2.52 |
| 240 E Graham Ave, Unit 12 | 240 E Graham Ave | 1BR,1BA | $2.46 |
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 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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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.
Best Local Schools in Lake Elsinore Hills, Lake Elsinore, CA
Earl Warren Elementary
Temescal Canyon High
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Elsinore Hills Apartments
What is the price of a cheap apartment in Lake Elsinore Hills?
The cheapest apartment in Lake Elsinore Hills is Ridgestone which is listed at $1,912, while the average apartment in Lake Elsinore Hills costs $2,224.
What types of apartments are the cheapest in Lake Elsinore Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Lake Elsinore Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Elsinore Hills?
Cheap apartments in Lake Elsinore Hills have an average cost of $327 which is $1,897 cheaper than the average rent for all rentals in Lake Elsinore Hills.
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.

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.

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.