Average Rent in Lake Elsinore, CA
What is the average rent in Lake Elsinore, CA?
The average listed apartment rent in Lake Elsinore, CA is $2,020 per month, as of October 21, 2026. This sample includes 131 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from October 17, 2026 through October 21, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
7 apartment buildings, 131 units. Recorded asking prices and price history where available.
Browse apartments in Lake Elsinore, CAAvg Rent
$2,020/mo
median $1,949
market average
Cheapest
$1,157/mo
Lakeview I & II
Properties
7
tracked daily
Units
131
available now
Lake Elsinore, CA Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 7 properties in Lake Elsinore, CA.
Average rent trend
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Lake Elsinore, CA Rent Prices
All 7 properties ranked by lowest available rent.
Lakeview I & II
32209 Riverside Dr, Lake Elsinore, CA 92530, USA
Lake Elsinore Apartments
138 E Graham Ave, Lake Elsinore, CA 92530, USA
Grand Oaks Apartment Homes
15190 Grand Ave #9, Lake Elsinore, CA 92530, USA
Sierra Vista Apartments
15177 Lincoln St, Lake Elsinore, CA 92530, USA
Shoreline Apartments
15120 Grand Ave, Lake Elsinore, CA 92530, USA
Ridgestone
39415 Ardenwood Way, Lake Elsinore, CA 92532, USA
River's Edge Apartment Homes
2088 E Lakeshore Dr, Lake Elsinore, CA 92530, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Lakeview I & II 32209 Riverside Dr, Lake Elsinore, CA 92530, USA | $1,157 | $1,157 | $1.74/ft² | 4.4 (37) | 2 |
| 2 | Lake Elsinore Apartments 138 E Graham Ave, Lake Elsinore, CA 92530, USA | $1,415 | $1,973 | $2.53/ft² | 2.3 (3) | 60 |
| 3 | Grand Oaks Apartment Homes 15190 Grand Ave #9, Lake Elsinore, CA 92530, USA | $1,600 | $1,796 | $2.13/ft² | 3.1 (70) | 6 |
| 4 | Sierra Vista Apartments 15177 Lincoln St, Lake Elsinore, CA 92530, USA | $1,625 | $1,800 | $2.23/ft² | 3.8 (22) | 6 |
| 5 | Shoreline Apartments 15120 Grand Ave, Lake Elsinore, CA 92530, USA | $1,799 | $2,113 | $2.66/ft² | 3.5 (111) | 13 |
| 6 | Ridgestone 39415 Ardenwood Way, Lake Elsinore, CA 92532, USA | $1,844 | $2,140 | $2.28/ft² | 3.9 (327) | 35 |
| 7 | River's Edge Apartment Homes 2088 E Lakeshore Dr, Lake Elsinore, CA 92530, USA | $1,949 | $2,227 | $2.52/ft² | 4.2 (96) | 9 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Lakeview I & II
4.4 (37)32209 Riverside Dr, Lake Elsinore, CA 92530, USA
Lake Elsinore Apartments
2.3 (3)138 E Graham Ave, Lake Elsinore, CA 92530, USA
Grand Oaks Apartment Homes
3.1 (70)15190 Grand Ave #9, Lake Elsinore, CA 92530, USA
Sierra Vista Apartments
3.8 (22)15177 Lincoln St, Lake Elsinore, CA 92530, USA
Shoreline Apartments
3.5 (111)15120 Grand Ave, Lake Elsinore, CA 92530, USA
Ridgestone
3.9 (327)39415 Ardenwood Way, Lake Elsinore, CA 92532, USA
By Area
Lake Elsinore, CA neighborhoods
Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.
Lake Elsinore, CA Average Rent Prices 2026
The average listed rent in Lake Elsinore, CA is $2,020 per month, based on 131 units across 7 apartment communities. Prices range from $1,157 at Lakeview I & II to $2,995 at Lake Elsinore Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,550/mo | $1,550/mo | 1 |
| 1 Bed | $1,864/mo | $1,157/mo | 62 |
| 2 Bed | $2,100/mo | $1,415/mo | 55 |
| 3 Bed | $2,544/mo | $1,700/mo | 11 |
| 4 Bed | $2,045/mo | $1,895/mo | 2 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Lake Elsinore, CA, and what they pay
Tracked one-bedroom rent in Lake Elsinore, CA averages $1,864/mo, with two-bedroom units averaging $2,100/mo. At the local median household income of $96,527, that works out to 25% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Lake Elsinore, CA at $1,915/mo. The current tracked market average runs 5% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Lake Elsinore, CA while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Lake Elsinore, CA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$81,000/year
Based on the 30 percent rule, using our tracked average rent of $2,020/mo.
Comfortable income
$97,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,157/mo), you need to earn at least $46,000/year.
Median household income in Lake Elsinore, CA is $96,527 , about 0% above the comfortable-living threshold.
Cost of living in Lake Elsinore, CA
Overall prices in Lake Elsinore, CA runs above the national average by about 7% (BEA Regional Price Parity index 107.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lake Elsinore, CA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,020 |
| Utilities | $567 |
| Groceries | $551 |
| Transportation | $1,353 |
| Healthcare | $660 |
| Other goods and services | $1,056 |
| Estimated total | $6,206/mo |
Population
71,516
Median household income
$96,527
Census median rent
$1,915/mo
Census rent burden
34.1%
Median age
33.4
Mean commute
42 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in California
How Lake Elsinore, CA rent compares to other markets in the state.
| City | Avg Rent | vs Lake Elsinore, CA | 30-Day Change | Properties |
|---|---|---|---|---|
| Los Angeles, CA | $3,120 | +54% | +6.6% | 50 |
| San Diego, CA | $3,406 | +69% | +2.5% | 36 |
| Anaheim, CA | $2,866 | +42% | +2.2% | 33 |
| EL Cajon, CA | $2,304 | +14% | +20.3% | 32 |
| San Francisco, CA | $5,282 | +161% | +2.5% | 32 |
| Riverside, CA | $2,395 | +19% | -0.7% | 26 |
Frequently asked questions
What is the average rent in Lake Elsinore, CA?
The average listed apartment rent in Lake Elsinore, CA is $2,020 per month, as of October 21, 2026. This sample includes 131 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Lake Elsinore, CA?
The median asking rent in Lake Elsinore, CA is $1,949 per month, computed from 131 priced listings; check the observation dates shown on this page. The average is $2,020/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Lake Elsinore, CA?
The lowest available rent in Lake Elsinore, CA starts at $1,157 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Lake Elsinore, CA?
1-bedroom apartments in Lake Elsinore, CA average $1,864/mo. The lowest listed 1-bedroom starts at $1,157/mo across 62 units tracked.
How much is a 2-bedroom apartment in Lake Elsinore, CA?
2-bedroom apartments in Lake Elsinore, CA average $2,100/mo. Units start from $1,415/mo across 55 units currently listed.
Rent Trends in Lake Elsinore, CA
Track how apartment prices are changing over time.
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