Cheap Apartments for Rent in Canyon Lake, CA from $1,300 (20 Rentals)

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55+ FountainGlen Grand Isle
1 to 2 Bedroom Apartments

55+ FountainGlen Grand Isle

24405 Village Walk PlMurrieta, CA 92562
Senior Living
  • Utilities Included

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 $1,650. 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$1,650
Waterstone at Murrieta1x11BR,1BA$1,763
Arbors at California OaksThe Aspen1BR,1BA$1,780
55+ FountainGlen Grand IsleBermuda1BR,1BA$1,780

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

As of March 27, 2025 the best value apartment in the Canyon Lake area is the $2.23 price per square foot Plan 1 Model at Tricon Menifee in the in the Vista Del Valle neighborhood starting from $3,249. The second greatest value Canyon Lake apartment is the B4 (Impala) Model at Antelope Ridge Apartments starting at $2,325 with a $2.07 price per square foot in the Ashton 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 13BR,2.5BA$2.23
Antelope Ridge ApartmentsB4 (Impala)2BR,2BA$2.07
Vista PointeEvergreen3BR,2BA$2.40
Gables Oak CreekChestnut2BR,2BA$2.35
Gables Alta Murrieta2BDM2BR,2BA$2.39
Lakeridge ApartmentsDuval2BR,2BA$2.32
Grand Oaks Apartments2 Bed 1.5 Bath2BR,1.5BA$2.09
Cantabria ApartmentsBurgos1BR,1BA$2.44
Dakota ApartmentsA11BR,1BA$2.39
River's EdgeThe Cottage1BR,1BA$2.42

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Pet Friendly Lifestyle
Canyon Lake, CA

Ranked #440

Among cities in California for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Canyon Lake, CA Rentals by Map

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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

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 $1,650.

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 $1,835 at Grand Oaks Apartments.

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 $2,545.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.