
Cheap Apartments for Rent in the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Elsinore Hills area of Lake Elsinore.


Ridgestone
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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 1 Bedroom Apartments | $2,086 | $1,200 | $2,483 |
Lake Elsinore Hills 2 Bedroom Apartments | $2,514 | $2,100 | $2,916 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 3 mile radius of the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA.
See all Apartments in Lake ElsinoreExplore Lake Elsinore
Lake Elsinore Hills, Lake Elsinore, CA Local Guide
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Cheapest Available Lake Elsinore Hills Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridgestone | A1 | 1BR,1BA | $1,979 |
Rivers Edge | The Foursquare | 2BR,2BA | $2,364 |
Best Value Apartments for Rent in Lake Elsinore Hills, CA
As of July 07, 2025 the best value apartment in the Lake Elsinore Hills area is the $2.23 price per square foot The Foursquare Model at Rivers Edge in the in the Brookview Terrace neighborhood starting from $2,465. The second greatest value Lake Elsinore Hills apartment is the 415 Ellis St Model at 415 Ellis St, Unit A starting at $2,100 with a $2.33 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. |
---|---|---|---|
Rivers Edge | The Foursquare | 2BR,2BA | $2.23 |
415 Ellis St, Unit A | 415 Ellis St | 2BR,2BA | $2.33 |
Ridgestone | A1 | 1BR,1BA | $2.66 |
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.
Pet Friendly LifestyleLake Elsinore Hills, Lake Elsinore, CA
Ranked #8
Among neighborhoods in Lake Elsinore, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
How much is rent for a Cheap One Bedroom Lake Elsinore Hills Apartment?
The lowest price for a Cheap One Bedroom Lake Elsinore Hills Apartment is $1,968 at Ridgestone.
What is the lowest price for a Cheap Two Bedroom Lake Elsinore Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Elsinore Hills is starting from $2,465 at Rivers Edge.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.