Apartments for Rent in Lake Elsinore, CA

Prices and availability in Lake Elsinore, CA were last updated on 12 Nov 2026.

The best apartments in Lake Elsinore, CA are: Ridgestone, Shoreline Apartments, Sierra Vista Apartments, Graham Ave Apts 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 $950 and $4,438.

The price range for a 2-bedroom apartment in Lake Elsinore, CA is between $1,825 and $5,398.

The price range for a 3-bedroom apartment in Lake Elsinore, CA is between $1,625 and $6,043.

In Lake Elsinore, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Lake Elsinore's rentals, 42% are small-scale complexes with under 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.

Studio apartments in Lake Elsinore are around 0% of rentals, while 1-bedroom floor plans represent 32% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.