Lake Elsinore City, CA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Elsinore City is $2,038, a 4.39% decrease compared to the previous year, when the average rent was $2,132.
One-bedroom apartments provide 769 square feet for $1,890, balancing privacy and affordability.
Two-beedroom units at $1,996 offer 961 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,184 sq ft) for $2,409, suitable for larger households.
Average rent in Lake Elsinore City, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,038 | 941 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,890 | 769 sq. ft. |
| 2 Beds | $1,996 | 961 sq. ft. |
| 3 Beds | $2,409 | 1,184 sq. ft. |
Lake Elsinore City, CA rent trends
Rental prices in Lake Elsinore City, CA have decreased by 4.39% over the past year. The average rent moved from $2,132 to $2,038.
What's the typical rent budget in Lake Elsinore City, CA?
The largest share of rentals in Lake Elsinore City, CA (43%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Elsinore City, CA?
5,806 or 28% of the households in Lake Elsinore City, CA are renter-occupied while 14,610 or 72% are owner-occupied.
How Lake Elsinore City Compares to Other Cities
| City | Average Rent |
|---|---|
| Lake Elsinore City | $2,038 |
| Los Angeles | $2,762 |
| San Francisco | $3,545 |
| Long Beach | $2,665 |
| East Bay | $2,685 |
| Oakland | $2,651 |
| San Diego | $2,959 |
| Sacramento | $1,921 |
| San Jose | $3,170 |
| Tulare | $1,576 |
| Orange, CA | $2,801 |
| Irvine, CA | $3,236 |
| Laguna Niguel, CA | $2,993 |
| Murrieta, CA | $2,335 |
| Moreno Valley, CA | $2,119 |
| Temecula, CA | $2,384 |
| Menifee, CA | $2,414 |
| Redlands, CA | $2,242 |
| Riverside, CA | $2,187 |
| Hemet, CA | $1,727 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Elsinore City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.