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180 Apartments for rent in Lake Elsinore, CA

Read Guide >
Last updated January 23 at 1:23am UTC
3 Ponte Negra
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 23 at 12:49am UTC
5 Bedrooms
$3,000
2 Plaza Valenza
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 23 at 12:49am UTC
3 Bedrooms
$2,395
3610 Raven Drive
Lake View District
Lake Elsinore, CA
Updated January 22 at 10:06am UTC
3 Bedrooms
$1,750
33158 Shoreline Drive
Lake Edge District
Lake Elsinore, CA
Updated January 22 at 10:06am UTC
3 Bedrooms
$1,875
45022 Anabell Ln
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 10:06am UTC
4 Bedrooms
$2,145
24542 Snapdragon Way
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:36am UTC
3 Bedrooms
$2,295
29617 Rawlings Way
East Lake District
Lake Elsinore, CA
Updated January 22 at 8:38am UTC
3 Bedrooms
$1,800
29114 Edgewood Drive
Lake View District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,550
35422 Ocotillo Court
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,350
678 Woodcrest Dr
Lake View District
Lake Elsinore, CA
Updated January 22 at 8:04am UTC
2 Bedrooms
$1,185
24550 snapdragon
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,600
29478 Scoreboard
East Lake District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
3 Bedrooms
$2,300
34260 Woodmont
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,295
53168 Odyssey Street
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
5 Bedrooms
$3,300
31260 Clement Street
Lake View District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,100
53190 Odyssey Street
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,450
30505 Canyon Hills Road
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
2 Bedrooms
Ask
3 Bedrooms
$1,650
31908 Manzanita
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,400
350 Avenue 11
Riverview District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
3 Bedrooms
$2,099
40 Via De La Valle
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,275
34006 Leon Street
Lake View District
Lake Elsinore, CA
Updated January 22 at 9:27pm UTC
4 Bedrooms
$2,100
45016 Anabell Lane
Lake Elsinore Hills District
Lake Elsinore, CA
Updated January 22 at 10:06am UTC
4 Bedrooms
$2,075
City Guide
Lake Elsinore
Apartments

You’ll find apartments in Lake Elsinore come in different costs and sizes. Expect your new abode to have air conditioning, ceilings fans, dishwasher, basic cable and, in higher-priced units, a balcony or patio. As for your apartment community, standard amenities usually feature a laundry room, covered parking, swimming pool and, in some cases, a playground.

The Hills

The best neighborhoods are in the hills, such as Alberhill and Canyon Hill. Unfortunately, no apartment complexes exist in these higher enclaves, although you’ll sometimes find home and condo rentals. Apartments for rent cluster in the flatter areas surrounding the lake. In general, stick to north of the lake for the better communities, with the ones in the northwest having the safest neighborhoods.

Living in Lake Elsinore

If heat is your thing, you’ll bask in the 100-plus degrees that fry those without air conditioning for at least seven days during the summer. Summer highs otherwise average 98 degrees Fahrenheit, and winter lows average 36 degrees. Cool off at the lake with swimming, boating and fishing for bass and catfish. You can also skydive or visit the nearby Cleveland National Forest for hiking and mountain biking. The historic downtown offers shopping in real and faux Victorian buildings.

Gas up the car to reach these destinations. If there’s any place with public transportation that’s more challenging than Los Angeles, it’s Lake Elsinore. Your wheels are essential, even for the quickest errands. If you can avoid traffic, major freeway connections rush you to Orange County or L.A. in one hour, Riverside in 45 minutes or San Diego in 75 minutes.

Lake Elsinore stands worthy of an apartment rental due to its year-round sunshine for lots of outdoor activities, connections to major populations centers and some of the best values in city apartments. So, find an apartment there as soon as you can.

January 2019 Lake Elsinore Rent Report

Welcome to the January 2019 Lake Elsinore Rent Report. Lake Elsinore rents declined over the past month. In this report, we'll evaluate trends in the Lake Elsinore rental market, including comparisons to cities throughout the metro, state, and nation.

View full Lake Elsinore Rent Report
Rent Report
Lake Elsinore

January 2019 Lake Elsinore Rent Report

Welcome to the January 2019 Lake Elsinore Rent Report. Lake Elsinore rents declined over the past month. In this report, we'll evaluate trends in the Lake Elsinore rental market, including comparisons to cities throughout the metro, state, and nation.

Lake Elsinore rents declined significantly over the past month

Lake Elsinore rents have declined 0.5% over the past month, but are up slightly by 1.5% in comparison to the same time last year. Currently, median rents in Lake Elsinore stand at $1,500 for a one-bedroom apartment and $1,900 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Lake Elsinore's year-over-year rent growth leads the state average of 0.3%, as well as the national average of 0.9%.

Rents rising across the Riverside Metro

Throughout the past year, rent increases have been occurring not just in the city of Lake Elsinore, but across the entire metro. Of the largest 10 cities that we have data for in the Riverside metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Rancho Cucamonga has seen the fastest rent growth in the metro, with a year-over-year increase of 3.6%. The median two-bedroom there costs $1,780, while one-bedrooms go for $1,420.
  • Over the past year, Indio is the only city in the metro that has seen rents fall, with a decline of 0.9%. Median two-bedrooms there cost $1,220, while one-bedrooms go for $970.
  • Corona has the most expensive rents of the largest cities in the Riverside metro, with a two-bedroom median of $2,200; rents were up 0.2% over the past month and 2.7% over the past year.
  • San Bernardino has the least expensive rents in the Riverside metro, with a two-bedroom median of $1,060; rents grew 0.4% over the past month and 1.1% over the past year.

Many large cities nationwide show more affordable rents compared to Lake Elsinore

As rents have increased slightly in Lake Elsinore, a few large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Lake Elsinore is less affordable for renters.

  • Rents increased slightly in other cities across the state, with California as a whole logging rent growth of 0.3% over the past year. For example, rents have grown by 3.7% in San Jose, 1.5% in San Diego, and 1.5% in Los Angeles.
  • Lake Elsinore's median two-bedroom rent of $1,900 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 1.5% rise in Lake Elsinore.
  • While Lake Elsinore's rents rose slightly over the past year, the city of Portland saw a decrease of 0.2%.
  • Renters will generally find more expensive prices in Lake Elsinore than most large cities. For example, Phoenix has a median 2BR rent of $1,060, where Lake Elsinore is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Riverside $1,060 $1,330 -0.1% 1.5%
San Bernardino $850 $1,060 0.4% 1.1%
Fontana $1,060 $1,330 0.5% 0.2%
Moreno Valley $1,370 $1,710 0.1% 0.9%
Rancho Cucamonga $1,420 $1,780 0.8% 3.6%
Ontario $1,190 $1,490 -0.0% 2.3%
Corona $1,760 $2,200 0.2% 2.7%
Murrieta $1,400 $1,750 -0.0% 1.1%
Temecula $1,460 $1,840 -0.3% 1.1%
Indio $970 $1,220 0.4% -0.9%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.