Apartments for Rent in Lake Elsinore, CA

Prices and availability in Lake Elsinore, CA were last updated on 3 Oct 2026.

The best apartments in Lake Elsinore, CA are: Ridgestone, Shoreline Apartments, Graham Ave Apts, Pottery Court and 30505 Canyon Hills Rd. #805.

The average rent in Lake Elsinore, CA is $2,144.

The price range for a 1-bedroom apartment in Lake Elsinore, CA is between $1,000 and $6,008.

The price range for a 2-bedroom apartment in Lake Elsinore, CA is between $1,995 and $7,234.

The price range for a 3-bedroom apartment in Lake Elsinore, CA is between $1,799 and $8,714.

In Lake Elsinore 29% of the housing is rented out compared to 71% of homes are owned, according to the most recent Census Bureau estimates. 8% of Lake Elsinore's apartments are found in large buildings of 50 units or more, 42% are located in smaller apartment complexes with less than 50 units, and 49% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lake Elsinore are about 27 years old, on average. Of these, 45% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Lake Elsinore come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 32% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Lake Elsinore. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.