Zumper
modified
1 Day Ago

Highlights

  • Quiet neighborhood
  • Trash service
  • Pristine white cabinets
  • Cozy living room
  • 3d tour

Location

242 N Chestnut St, Lake Elsinore, CA 92530, USA|Lake Elsinore Historic District
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour N Chestnut 242

Contact

Management

Access Asset Management

Leasing office

(866) 830-4401

Property Overview

N Chestnut 242 offers a strong overall value with a 7.8/10 expert rating, highlighted by excellent pricing, abundant amenities, and a highly convenient location close to groceries and public transit. Residents can expect a quiet neighborhood, added convenience from trash service, and inviting interiors featuring pristine white cabinets and a cozy living room, plus the ability to explore the home easily through a 3D tour.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, N Chestnut 242 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, N Chestnut 242 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Laundry available on site

Floor plans

2BR/1.0BA2 bed1 bath427 sqft$1,395 /mo1 unit availableThis cozy Two bedroom, One bathroom triplex unit is perfect for anyone looking for a comfortable living space in a convenient location. Inside the unit, you'll find comfortable bedrooms, along with a full bathroom featuring a stand-up shower. The living area provides ample space to relax and unwind, and the kitchen is roomy with plenty of kitchen cabinets. This triplex is located in the heart of downtown Lake Elsinore, putting you within close distance of all the local shops, restaurants, and attractions. You'll love being able to explore all that this vibrant community has to offer. Don't miss out on this opportunity to rent in one of Lake Elsinore's most desirable locations. Contact us today to schedule a showing of 242 N Chestnut - 3! Commuters will appreciate convenient access to Interstate 15, making travel to Murrieta, Temecula, Corona, and surrounding employment centers straightforward. Nearby educational opportunities include Mt. San Jacinto College and the Lake Elsinore Unified School District service area. If you're looking for a comfortable home that combines practical living with convenient access to everything downtown Lake Elsinore has to offer, this residence is ready to welcome you. Sorry, No pets allowed on this property. *** This property is subject to special utility billing based on a flat fee/for the following utilities: Water Service, Trash Service, and Gas Service Flat Fee: $45.00 *** The square footage/sub-meter readings for the following utilities: Electricity Service Photos displayed for this property are deemed reliable, but are not a guaranteed representation of the subject property. Renters must obtain a liability insurance policy as a requirement of tenancy. Renters must obtain a liability insurance policy of no less than $250,000.00 as a requirement of tenancy. Proof must be provided prior to occupancy of the premises. Landlord and Access Asset Management, Inc. must be listed as an additional insured on this policy unless unavailable from the insurance provider, in which case Landlord and Access Asset Management, Inc. must be listed as an additional interested third party. Twelve (12) month lease term minimum unless otherwise stated. Security deposit required prior to move in. Minimum security deposit equal to one (1) months rent. Due to restrictions in California regarding increased security deposits, Landlord reserves the right to decline an applicant at the advertised rental rate and offer a higher rental rate to offset any perceived or actual risk associated with an applicant's household eligibility.

Let's explore this property.

Amenities for N Chestnut 242

Apartment Amenities

Tile Flooring

Appliances

OvenOven/Range
Range

Building

Onsite Laundry
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units3
Advertisement

About N Chestnut 242

HomeApartments in Lake ElsinoreLake Elsinore Historic District N Chestnut 242

This cozy Two bedroom, One bathroom triplex unit is perfect for anyone looking for a comfortable living space in a convenient location. Inside the unit, you'll find comfortable bedrooms, along with a full bathroom featuring a stand-up shower. The living area provides ample space to relax and unwind, and the kitchen is roomy with plenty of kitchen cabinets. This triplex is located in the heart of downtown Lake Elsinore, putting you within close distance of all the local shops, restaurants, and attractions. You'll love being able to explore all that this vibrant community has to offer. Don't miss out on this opportunity to rent in one of Lake Elsinore's most desirable locations. Contact us today to schedule a showing of 242 N Chestnut - 3! Commuters will appreciate convenient access to Interstate 15, making travel to Murrieta, Temecula, Corona, and surrounding employment centers straightforward. Nearby educational opportunities include Mt. San Jacinto College and the Lake Elsinore Unified School District service area. If you're looking for a comfortable home that combines practical living with convenient access to everything downtown Lake Elsinore has to offer, this residence is ready to welcome you. Sorry, No pets allowed on this property. *** This property is subject to special utility billing based on a flat fee/for the following utilities: Water Service, Trash Service, and Gas Service Flat Fee: $45.00 *** The square footage/sub-meter readings for the following utilities: Electricity Service Photos displayed for this property are deemed reliable, but are not a guaranteed representation of the subject property. Renters must obtain a liability insurance policy as a requirement of tenancy. Renters must obtain a liability insurance policy of no less than $250,000.00 as a requirement of tenancy. Proof must be provided prior to occupancy of the premises. Landlord and Access Asset Management, Inc. must be listed as an additional insured on this policy unless unavailable from the insurance provider, in which case Landlord and Access Asset Management, Inc. must be listed as an additional interested third party. Twelve (12) month lease term minimum unless otherwise stated. Security deposit required prior to move in. Minimum security deposit equal to one (1) months rent. Due to restrictions in California regarding increased security deposits, Landlord reserves the right to decline an applicant at the advertised rental rate and offer a higher rental rate to offset any perceived or actual risk associated with an applicant's household eligibility.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, N Chestnut 242 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, N Chestnut 242 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated N Chestnut 242
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, N Chestnut 242 is a great option for renters looking for apartments in Lake Elsinore Historic District. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
N Chestnut 242 goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, N Chestnut 242 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
N Chestnut 242 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While N Chestnut 242 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How N Chestnut 242 compares to other nearby properties.

Positives

Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Lake Elsinore Historic District

2-bedroom apartments at N Chestnut 242 cost about 35% less than the average rent price for 2-bedroom apartments in Lake Elsinore Historic District.

Median rents as of Jun 27 2026.
Lake Elsinore Historic District
Lake Elsinore
A table of studio rental data trends in Lake Elsinore
MonthMedian Rent
July 2024$1,245
August 2024$1,284
September 2024$1,282
October 2024$1,195
November 2024$1,155
December 2024$1,157
January 2025$1,195
February 2025$1,195
March 2025$1,195
April 2025$1,245
May 2025$1,238
June 2025$1,238
July 2025$1,270
February 2026$1,195
March 2026$1,095
June 2026$1,172
A table of studio rental data trends in Lake Elsinore Historic District
MonthMedian Rent
March 2025$1,195

Affordability calculator

Can I afford to live at 242 N Chestnut St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$55,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 2-bedrooms monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.

Schools near N Chestnut 242

Railroad Canyon Elementary School

1300 mill st

lake elsinore, CA, 92530

K-5Public
C+

Keith McCarthy Academy

1405 ed way

lake elsinore, CA, 92530

K-12Public
C+

Alberhill Elementary School

4170 brianna cir

lake elsinore, CA, 92530

K-5Public
B-

Taawila Elementary School

30344 stage coach rd

menifee, CA, 92586

K-5Public
B+

Menifee Virtual

27625 sherman rd

menifee, CA, 92585

K-8Public
B
Powered byniche.com
Advertisement

Internet available near N Chestnut 242

Neighborhood

Lake Elsinore Historic District | Lake Elsinore, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Lake Elsinore near 242 N Chestnut St

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

2/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 242 N Chestnut St, Lake Elsinore

Groceries

1/10
No grocery stores within walking distance

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

Compare similar properties nearby

featured image of 15120 Grand Ave

Shoreline Apartments

Our team has verified this company

Lake View District • 15120 Grand Ave

1–3 Beds

$2,250–$2,325

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
No
featured image of 342 Wilkerson Ave #204

Downtown Perris • 342 Wilkerson Ave #204

2 Beds

$1,500

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 342 Wilkerson Ave #203

Downtown Perris • 342 Wilkerson Ave #203

2 Beds

$1,500

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 24375 Jackson Ave

Arbors at California Oaks

Our team has verified this company

24375 Jackson Ave

1–2 Beds

$1,743–$2,500

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 904 S D St

Downtown Perris • 904 S D St

2–3 Beds

$691–$1,470

on-site laundry
No
in-unit laundry
No
dishwasher
No
featured image of 249 E Graham Ave #B

Lake Elsinore Historic District • 249 E Graham Ave #B

1 Bed

$1,800

on-site laundry
No
in-unit laundry
No
dishwasher
No
featured image of 30801 Windy Ridge Way

30801 Windy Ridge Way

1 Bed

$1,700

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 35640 Capitola Ct

35640 Capitola Ct

1 Bed

$1,000

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 15120 Grand Ave

Shoreline Apartments

Our team has verified this company

Lake View District • 15120 Grand Ave

1–3 Beds

$2,250–$2,325

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
No
featured image of 342 Wilkerson Ave #204

Downtown Perris • 342 Wilkerson Ave #204

2 Beds

$1,500

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 342 Wilkerson Ave #203

Downtown Perris • 342 Wilkerson Ave #203

2 Beds

$1,500

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 24375 Jackson Ave

Arbors at California Oaks

Our team has verified this company

24375 Jackson Ave

1–2 Beds

$1,743–$2,500

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 904 S D St

Downtown Perris • 904 S D St

2–3 Beds

$691–$1,470

on-site laundry
No
in-unit laundry
No
dishwasher
No
featured image of 249 E Graham Ave #B

Lake Elsinore Historic District • 249 E Graham Ave #B

1 Bed

$1,800

on-site laundry
No
in-unit laundry
No
dishwasher
No
featured image of 30801 Windy Ridge Way

30801 Windy Ridge Way

1 Bed

$1,700

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes
featured image of 35640 Capitola Ct

35640 Capitola Ct

1 Bed

$1,000

on-site laundry
Yes
in-unit laundry
Yes
dishwasher
Yes

Check availability

Full name*
Move-in date
Floor plan
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by N Chestnut 242.