Cheap Apartments for Rent in the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA from $400 (24 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
$1,912 - $7,579
Total Monthly Price

Total Monthly Price

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$1,912 - $7,579

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1 to 3 Bedroom Apartments Available Now

Ridgestone

39415 Ardenwood WayLake Elsinore, CA 92532
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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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307 N Riley St
Studio to 3 Bedroom Apartments

307 N Riley St

307 N Riley StLake Elsinore, CA 92530

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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509 W Limited St
2 to 3 Bedroom Apartments

509 W Limited St

509 W Limited StLake 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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501 W Limited Ave
2 to 3 Bedroom Apartments

501 W Limited Ave

501 W Limited AveLake 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

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.

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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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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
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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
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121 S Spring St
Studio to 2 Bedroom Apartments

121 S Spring St

121 S Spring StLake Elsinore, CA 92530

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

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 ListingModel NameBed/BathPriced From
RidgestoneA21BR,1BA$1,912
Rivers EdgeThe Californian1BR,1BA$1,967
Graham Ave2 bed, 2 bath2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Graham Ave2 bed, 2 bath2BR,2BA$2.26
RidgestoneA51BR,1BA$2.66
Rivers EdgeThe Californian1BR,1BA$2.52
240 E Graham Ave, Unit 12240 E Graham Ave1BR,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.

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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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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

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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.

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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.

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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.

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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.