Cheap Apartments for Rent in the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA from $400 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Elsinore Hills area of Lake Elsinore.

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Ridgestone
Rent Specials
$1,910 - $5,631
Total Monthly Price

Total Monthly Price

Base Rent
$1,910 - $5,631

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Ridgestone

39415 Ardenwood WayLake Elsinore, CA 92532
Family Friendly
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110 S Lindsay Ave
2 Bedroom Apartments

110 S Lindsay Ave

110 S Lindsay AveLake Elsinore, CA 92530
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226 E Peck St
1 Bedroom Apartments

226 E Peck St

226 E Peck StLake Elsinore, CA 92530
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505 W Limited Ave
2 to 3 Bedroom Apartments

505 W Limited Ave

505 W Limited AveLake Elsinore, CA 92530
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117 N Lowell St
Studio Apartments

117 N Lowell St

117 N Lowell StLake Elsinore, CA 92530
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507 W Limited Ave
2 to 3 Bedroom Apartments

507 W Limited Ave

507 W Limited AveLake Elsinore, CA 92530
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307 N Riley St
Studio to 3 Bedroom Apartments

307 N Riley St

307 N Riley StLake Elsinore, CA 92530

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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110-118 W Heald Ave
Studio to 2 Bedroom Apartments

110-118 W Heald Ave

110-118 W Heald AveLake Elsinore, CA 92530
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212 N Langstaff St
2 Bedroom Apartments

212 N Langstaff St

212 N Langstaff StLake Elsinore, CA 92530
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509 W Limited St
2 to 3 Bedroom Apartments

509 W Limited St

509 W Limited StLake Elsinore, CA 92530
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260 N Main St
Studio Apartments

260 N Main St

260 N Main StLake Elsinore, CA 92530
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304 S Spring St
1 to 2 Bedroom Apartments

304 S Spring St

304 S Spring StLake Elsinore, CA 92530
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313-317 N Main St
1 to 2 Bedroom Apartments

313-317 N Main St

313-317 N Main StLake Elsinore, CA 92530
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501 W Limited Ave
2 to 3 Bedroom Apartments

501 W Limited Ave

501 W Limited AveLake Elsinore, CA 92530
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511 W Limited Ave
2 to 3 Bedroom Apartments

511 W Limited Ave

511 W Limited AveLake Elsinore, CA 92530
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503 Limited Ave
2 Bedroom Apartments

503 Limited Ave

503 Limited AveLake Elsinore, CA 92530

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.

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138 S Main St
Studio Apartments

138 S Main St

138 S Main StLake Elsinore, CA 92530
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232 E Graham Ave
Studio Apartments

232 E Graham Ave

232 E Graham AveLake Elsinore, CA 92530
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603 Limited St
2 Bedroom Apartments

603 Limited St

603 Limited StLake Elsinore, CA 92530
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202 Franklin St
Studio Apartments

202 Franklin St

202 Franklin StLake Elsinore, CA 92530
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160 S Chestnut St
Studio Apartments

160 S Chestnut St

160 S Chestnut StLake Elsinore, CA 92530
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109 S. Poe St
2 Bedroom Apartments

109 S. Poe St

109 S. Poe StLake Elsinore, CA 92530
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107 S Poe St
2 Bedroom Apartments

107 S Poe St

107 S Poe StLake Elsinore, CA 92530

Cash 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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Briarwood
Studio Apartments

Briarwood

300 Ellis StLake Elsinore, CA 92530
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126 W Heald Ave W
1 to 2 Bedroom Apartments

126 W Heald Ave W

126 W Heald Ave WLake Elsinore, CA 92530
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113 S Poe St
2 Bedroom Apartments

113 S Poe St

113 S Poe StLake Elsinore, CA 92530
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126 E Sumner St
Studio Apartments

126 E Sumner St

126 E Sumner StLake Elsinore, CA 92530
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112 S Lindsay St
2 Bedroom Apartments

112 S Lindsay St

112 S Lindsay StLake Elsinore, CA 92530
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607 W Limited St
Studio Apartments

607 W Limited St

607 W Limited StLake Elsinore, CA 92530
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605 Limited St
2 Bedroom Apartments

605 Limited St

605 Limited StLake Elsinore, CA 92530
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30561 Adams Ave
2 Bedroom Apartments

30561 Adams Ave

30561 Adams AveLake Elsinore, CA 92530
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Graham Ave.
2 Bedroom Apartments

Graham Ave.

Graham Ave.Lake Elsinore, CA 92530

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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Lake Point
2 to 3 Bedroom Apartments

Lake Point

1800 E Lakeshore DrLake Elsinore, CA 92530
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Brookview Terrace
2 to 3 Bedroom Apartments

Brookview Terrace

30505 Canyon Hills RdLake Elsinore, CA 92532
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Ashland Springs
Studio Apartments

Ashland Springs

916 Maya XingLake Elsinore, CA 92530
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228 S Spring St
1 to 4 Bedroom Apartments

228 S Spring St

228 S Spring StLake Elsinore, CA 92530
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Crimson Hills
Studio Apartments

Crimson Hills

41527 Red Car DrLake Elsinore, CA 92532
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113 S Spring St
Studio Apartments

113 S Spring St

113 S Spring StLake Elsinore, CA 92530
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Parkside Apartments
1 to 2 Bedroom Apartments

Parkside Apartments

442 N Kellogg StLake Elsinore, CA 92530
  • Utilities Included

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.

Lake Elsinore Hills, Lake Elsinore, CA Local Guide

Cheapest Available Lake Elsinore Hills Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
RidgestoneA21BR,1BA$1,910
Rivers EdgeThe Californian1BR,1BA$1,932

Best Value Apartments for Rent in Lake Elsinore Hills, CA

As of June 26, 2026 the best value apartment in the Lake Elsinore Hills area is the $2.56 price per square foot C1 Model at Ridgestone in the in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood starting from $3,404. The second greatest value Lake Elsinore Hills apartment is the The Foursquare Model at Rivers Edge starting at $2,904 with a $2.63 price per square foot in the Brookview Terrace neighborhood. Here is today’s list of the best values for Lake Elsinore Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RidgestoneC13BR,2BA$2.56
Rivers EdgeThe Foursquare2BR,2BA$2.63

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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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.

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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 $1,910, while the average apartment in Lake Elsinore Hills costs $3,404.

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 7 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 $621 which is $2,783 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.