Cheap Apartments for Rent in Lake Elsinore, CA from $600 (43 Rentals)

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Sierra Vista Apartments
1 to 3 Bedroom Apartments

Sierra Vista Apartments

15177 Lincoln StLake 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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32986 Blackwell Blvd
Studio to 3 Bedroom Apartments

32986 Blackwell Blvd

32986 Blackwell BlvdLake 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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16341-16347 Grand Ave
2 Bedroom Apartments

16341-16347 Grand Ave

16341-16347 Grand AveLake Elsinore, CA 92530
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17856 Grand Ave
1 to 3 Bedroom Apartments

17856 Grand Ave

17856 Grand AveLake 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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Lakeview Apartments
1 to 3 Bedroom Apartments

Lakeview Apartments

32209 Riverside DrLake Elsinore, CA 92530
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Villa Siena
1 to 4 Bedroom Apartments

Villa Siena

31300 Auto Center DrLake Elsinore, CA 92530
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Parkview Townhomes
3 to 4 Bedroom Apartments

Parkview Townhomes

597-639 Woodcrest DrLake Elsinore, CA 92530
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17586-17596 Grand Ave
Studio Apartments

17586-17596 Grand Ave

17586-17596 Grand AveLake 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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212 N Langstaff St
2 Bedroom Apartments

212 N Langstaff St

212 N Langstaff 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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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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307 N Riley St
Studio to 3 Bedroom Apartments

307 N Riley St

307 N Riley 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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16420 W Joy St
3 Bedroom Apartments

16420 W Joy St

16420 W Joy 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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509 W Limited St
2 to 3 Bedroom Apartments

509 W Limited St

509 W Limited StLake Elsinore, CA 92530
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15129 Joy St
Studio Apartments

15129 Joy St

15129 Joy StLake 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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17810 Grand Ave
2 Bedroom Apartments

17810 Grand Ave

17810 Grand 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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705 Quail Dr
2 to 3 Bedroom Apartments

705 Quail Dr

705 Quail DrLake Elsinore, CA 92530
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21000 Mariposa Rd
1 to 3 Bedroom Apartments

21000 Mariposa Rd

21000 Mariposa RdLake Elsinore, CA 92530
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3681 Nashland Ave
2 to 3 Bedroom Apartments

3681 Nashland Ave

3681 Nashland AveLake Elsinore, CA 92530
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16459 Joy St
3 Bedroom Apartments

16459 Joy St

16459 Joy 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

Lake Elsinore, CA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lake Elsinore, CA

Pricing Updated: 03/22/2025

Current apartment rentals in the Lake Elsinore, CA area range in price from $950 to $3,189 with an overall median price of $2,545. The three Lake Elsinore neighborhoods with the lowest median rent pricing are Alberhill Ranch at $2,175, Country Club Heights at $2,175, and Horsethief Canyon at $2,175. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Lake Elsinore Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Alberhill Ranch$2,175$2,17511
Country Club Heights$2,175$2,17511
Horsethief Canyon$2,175$2,17511
Alderbrook at Canyon Hills$2,467$1,650117
Brookview Terrace$2,467$1,650117
Fox & Jacobs at Rosetta Canyon$2,775$950177
Lake Elsinore Hills$3,065$950152
Santa Rosa by Fox & Jacobs at Rosetta Canyon$3,065$950163

Cheapest Available Lake Elsinore Apartments for Rent

 

The cheapest available apartment rental in Lake Elsinore, CA is a 1 Bed unit found at River's Edge in the Santa Rosa by Fox & Jacobs at Rosetta Canyon neighborhood priced from $1,796. Shoreline Apartments in the Fox & Jacobs at Rosetta Canyon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here is today’s list of the most affordable Lake Elsinore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River's EdgeThe Cottage1BR,1BA$1,796
Shoreline ApartmentsPier1BR,1BA$1,799
Grand Oaks Apartments2 Bed 1.5 Bath2BR,1BA$1,835
RidgestoneA21BR,1BA$2,015
Lakehouse Apartments2x12BR,1BA$2,175

Best Value Apartments for Rent in Lake Elsinore, CA

As of March 22, 2025 the best value apartment in the Lake Elsinore area is the $2.09 price per square foot 2 Bed 1.5 Bath Model at Grand Oaks Apartments in the in the Outer SW Riverside County Temecula neighborhood starting from $1,835. The second greatest value Lake Elsinore apartment is the 2x1 Model at Lakehouse Apartments starting at $2,175 with a $2.53 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Oaks Apartments2 Bed 1.5 Bath2BR,1.5BA$2.09
Lakehouse Apartments2x12BR,1BA$2.53
21220 Mazie Ave, Unit 1 Bedroom Apt21220 Mazie Ave1BR,1BA$1.19
River's EdgeThe Cottage1BR,1BA$2.42
RidgestoneA11BR,1BA$2.74
Shoreline ApartmentsPier1BR,1BA$2.69

Quick Rent Budget Calculator

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Lake Elsinore Overview

If you’ve decided to look for Lake Elsinore apartments, then you’ve made a great decision. With a higher quality of life, a historic downtown, and many things to do and see, Lake Elsinore is a wonderful place to live. Furthermore, residents are in love with the weather in Lake Elsinore. With a very mild winter and summers that are bearable, staying comfortable is very easy in this city! And if you want to cool off, there is a gorgeous lake just minutes away and the beach is only a one-hour drive down the highway! Whether you want to raise a family or just try somewhere new after finishing college, then Lake Elsinore is a top place to call home!

Why live in Lake Elsinore, CA?

If you’ve decided to look for Lake Elsinore apartments, then you’ve made a great decision. With a higher quality of life, a historic downtown, and many things to do and see, Lake Elsinore is a wonderful place to live. Furthermore, residents are in love with the weather in Lake Elsinore. With a very mild winter and summers that are bearable, staying comfortable is very easy in this city! And if you want to cool off, there is a gorgeous lake just minutes away and the beach is only a one-hour drive down the highway! Whether you want to raise a family or just try somewhere new after finishing college, then Lake Elsinore is a top place to call home!

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

Explore Lake Elsinore, CA Rentals by Map

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Getting Around Lake Elsinore, CA

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lake Elsinore Apartments

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

The lowest price for a Cheap One Bedroom Lake Elsinore Apartment is $1,796 at River's Edge.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Elsinore is starting from $1,835 at Grand Oaks Apartments.

What is the most affordable Lake Elsinore Three Bedroom Apartment?

The best deal on a cheap Lake Elsinore Three Bedroom Apartment rental is at Ridgestone and starts from $3,065.

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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What to Know About Fees and Fines When Renting

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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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.