Cheap Apartments for Rent in Canyon Lake, CA from $1,300 (16 Rentals)

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24970 Ganymede Way
$1,8001 Bedroom, 1 Bath Home for RentAvailable Now

24970 Ganymede Way

Menifee, CA 92586
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Canyon Lake, CA Local Guide

Cheapest Available Canyon Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Canyon Lake, CA is a 1 Bed unit found at Country Hills Apartments in the The Boulders neighborhood priced from $1,375. Sun City Gardens - 55+ Senior Apartments in the Ashton Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Canyon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Hills ApartmentsMesa1BR,1BA$1,375
Sun City Gardens - 55+ Senior ApartmentsStudioStudio,1BA$1,550
Crescent Heights Luxury Apartment HomesStudio LoftStudio,1BA$1,695
Waterstone at Murrieta2x12BR,1BA$1,761
Arbors at California OaksThe Aspen1BR,1BA$1,770

Best Value Apartments for Rent in Canyon Lake, CA and Nearby

As of January 09, 2025 the best value apartment in the Canyon Lake area is the $2.23 price per square foot Plan 2 Model at Tricon Menifee in the in the Vista Del Valle neighborhood starting from $3,399. The second greatest value Canyon Lake apartment is the Chestnut Model at Gables Oak Creek starting at $2,404 with a $2.30 price per square foot in the Estrella Hills neighborhood. Here is today’s list of the best values for Canyon Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tricon MenifeePlan 23BR,2.5BA$2.23
Gables Oak CreekChestnut2BR,2BA$2.30
Gables Alta Murrieta2BDM2BR,2BA$2.49
Vista PointeBamboo2BR,2BA$2.35
Lakeridge ApartmentsAvalon2BR,1.5BA$2.31
Villagio ApartmentsBarcelona2BR,1BA$2.49
Antelope Ridge ApartmentsA2 (Oryx)1BR,1BA$2.41
Cantabria ApartmentsBurgos1BR,1BA$2.47
Dakota ApartmentsA11BR,1BA$2.39
The Enclave at MenifeeMonet1BR,1BA$2.40

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Getting Around Canyon Lake, CA

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Canyon Lake Apartments

What is the Cheapest Studio apartment in Canyon Lake?

Currently the most affordable Cheap Studio Apartment in Canyon Lake is at Sun City Gardens - 55+ Senior Apartments listed at $1,550.

How much is rent for a Cheap One Bedroom Canyon Lake Apartment?

The lowest price for a Cheap One Bedroom Canyon Lake Apartment is $1,375 at Country Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Canyon Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Canyon Lake is starting from $1,761 at Waterstone at Murrieta.

What is the most affordable Canyon Lake Three Bedroom Apartment?

The best deal on a cheap Canyon Lake Three Bedroom Apartment rental is at The Enclave at Menifee and starts from $2,395.

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.

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Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.