Updated 1 Day Ago
Location
119 E Prospect St, Lake Elsinore, CA 92530, USA|Lake Elsinore Historic District
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Property Overview
PROSPECT STREET (E) earns a strong overall rating with standout marks for price, location, and amenities, suggesting solid value and everyday convenience. It is also noted for pet friendliness, with nearby pet supply stores and a pet deposit required, while the nearby top-rated elementary school adds to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Middle school nearby
Great for
Pet owners
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $1,150 /mo | 1 unit available | Cute studio within walking distance to Downtown Lake Elsinore! *No laundry- but laundromat is nearby *Max occupants is 2 MINIMUM REQUIREMENTS Available : 07/01/2026 Rent: $1150 Security Deposit: $1150 -Income: 2.5x the rent amount (Gross Household Income) -Positive Credit: 640+ -Good Rental History -Stable/verifiable Income -Renter's Insurance Required upon approval -Must pass background check -All applicants 18+ must apply -No Cosigners -Submit for Pets (pet fees shall apply) (cat ok, dog not preferred) Must Provide: Copy of 1 month's paystubs Copy of 2 month's bank statements Copy of Photo ID Application is online! www RobertColeProperties com ***Showings : Please submit inquiry online and complete pre-qualification questionnaire emailed to you. We will reach out to you to schedule! |
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Amenities for PROSPECT STREET (E)
Building
| Cats OK |
Services
| Water Trash |
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
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About PROSPECT STREET (E)
Cute studio within walking distance to Downtown Lake Elsinore! *No laundry- but laundromat is nearby *Max occupants is 2 MINIMUM REQUIREMENTS Available : 07/01/2026 Rent: $1150 Security Deposit: $1150 -Income: 2.5x the rent amount (Gross Household Income) -Positive Credit: 640+ -Good Rental History -Stable/verifiable Income -Renter's Insurance Required upon approval -Must pass background check -All applicants 18+ must apply -No Cosigners -Submit for Pets (pet fees shall apply) (cat ok, dog not preferred) Must Provide: Copy of 1 month's paystubs Copy of 2 month's bank statements Copy of Photo ID Application is online! www RobertColeProperties com ***Showings : Please submit inquiry online and complete pre-qualification questionnaire emailed to you. We will reach out to you to schedule!
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, PROSPECT STREET (E) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, PROSPECT STREET (E) has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
PROSPECT STREET (E) offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, PROSPECT STREET (E) is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
PROSPECT STREET (E) 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust PROSPECT STREET (E) to provide reasonable accomodations and accurate details about its community.
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.
PROSPECT STREET (E) is great for:
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 PROSPECT STREET (E) compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.5 mile away
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Lake Elsinore Historic District
studio apartments at PROSPECT STREET (E) cost about 4% less than the average rent price for studio apartments in Lake Elsinore Historic District.
Median rents as of Aug 1 2026.
Lake Elsinore Historic District
Lake Elsinore
| Month | Median Rent |
|---|---|
| August 2024 | $1,310 |
| 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 |
| July 2026 | $1,150 |
| August 2026 | $1,150 |
| Month | Median Rent |
|---|---|
| March 2025 | $1,195 |
Affordability calculator
Can I afford to live at 119 E Prospect St?
Bedrooms
StudioRent-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
$46,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this studio monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.
Schools near PROSPECT STREET (E)
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
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Internet available near PROSPECT STREET (E)
Getting around Lake Elsinore near 119 E Prospect St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 119 E Prospect St, Lake Elsinore
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 119 E Prospect St
Mother's Nutritional Center
2497 E Lakeshore Dr
Walmart Supercenter
29260 Central Ave
ALDI
18294 Collier Ave
Cardenas Market
31952 Mission Trl
Stater Bros Markets
32281 Mission Trl
Bird's Costume Connection
133 N Main St
Shirt Werx Inc
424 N Spring St
Famous Footwear Outlet
17600 Collier Avenue
Rough & Dirty Apparel
Uniforms Direct Inc
18630 Collier Ave
Bloom Ice Cream + Coffee
159 N Main St
Tr+ Boba Tea
293 Diamond Dr
Raised Donuts & Bagels
263 Diamond Dr
Starbucks
18287 Collier Ave
Starbucks
31800 Grape St
Strikes & Gutters LLC
512 Chaney St
Tra Tea Lounge
293 Diamond Dr
Summerly Grill
29381 Village Pkwy
Pins N Pockets
32250 Mission Trl
Chili's
29233 Central Ave
Old Town Bakers
137 N Main St
Jessela Mia Baked Goods
Freedom Bowls
32235 Mission Trl
Comfort First Products
18277 Pasadena St
Lily Sweet Cakes
40937 Carnegie Cir
City Park
Swick and Matich Park
Lakepoint Park
Elm Grove Beach
Forest
La Unica Cocina Mexicana Y Cantina
110 N Main St
Guadalajara Mexican Food & Cantina
105 N Main St
Michi Tacos & Pupusas
111 N Main St
Main Street Kitchen & Tap
157 N Main St
Perky's Pizza & Sub
200 W Graham Ave
Spring Sulphur
Lake Elsinore Wildomar Loop Routes
Spring Graham
Lake Elsinore Wildomar Loop Routes
Graham Langstaff
Lake Elsinore Wildomar Loop Routes
Graham Langstaff
Lake Elsinore Wildomar Loop Routes
Lakeshore 420 Senior Center
Lake Elsinore Wildomar Loop Routes
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