
Cheap Apartments for Rent in the Lake Elsinore Hills Neighborhood of Lake Elsinore, CA from $400 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Elsinore Hills area of Lake Elsinore.


Total Monthly Price
Ridgestone

110 S Lindsay Ave

226 E Peck St

505 W Limited Ave

117 N Lowell St

The Highlands at Nichols Ranch

409-411 W Pottery St

507 W Limited Ave

307 N Riley St
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.

110-118 W Heald Ave

212 N Langstaff St

509 W Limited St

Peck Street Manor Apartments

260 N Main St

304 S Spring St

313-317 N Main St

501 W Limited Ave

511 W Limited Ave

503 Limited Ave
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.

319 N Langstaff St

138 S Main St

232 E Graham Ave

603 Limited St

Elsinore Hills RV Park

118 N Langstaff St

202 Franklin St

160 S Chestnut St

109 S. Poe St

107 S Poe St
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.

Briarwood

126 W Heald Ave W

113 S Poe St

126 E Sumner St

112 S Lindsay St

607 W Limited St

605 Limited St

30561 Adams Ave

Ridgeline at Westridge

Graham Ave.
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.

Lake Point

Brookview Terrace

Ashland Springs

228 S Spring St

Lake Elsinore Village

Crimson Hills

113 S Spring St

Parkside Apartments

120-124 E Prospect Ave

Rancho Laguna Apartments
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

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 | $2,036 | $1,910 | $2,198 |
| Lake Elsinore Hills 2 Bedroom Apartments | $2,561 | $2,390 | $2,904 |
| Lake Elsinore Hills 3 Bedroom Apartments | $3,056 | $2,300 | $3,464 |
Browse Apartments in this Neighborhood
There are currently 56 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 | A2 | 1BR,1BA | $1,910 |
| Rivers Edge | The Californian | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridgestone | C1 | 3BR,2BA | $2.56 |
| Rivers Edge | The Foursquare | 2BR,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.
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.
Read ArticleQuick 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.
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 $1,910, 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

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.

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.

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.

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.