What is an affordable apartment rental in Canyon Lake, CA?

An affordable apartment for rent in Canyon Lake, CA is one that is below the average price of apartment rentals in Canyon Lake. Currently, the average rental price in Canyon Lake is $3627 per month. An affordable apartment is one that is below that monthly price.

Am I able to afford a cheap apartment rental in Canyon Lake, CA?

To see if you can afford a cheap apartment rental in Canyon Lake, try our rent affordability calculator . Navigate to our Canyon Lake rent research page to learn more about Canyon Lake average rent prices .

Cheap Apartments for Rent in Canyon Lake, CA

25 rentals available

5d+ ago

Cheap East Lake District house for rent in Lake Elsinore

Affordable | In-unit laundry | Dishwasher

3 beds

2.5 baths

$2,450

House for rent

Top amenities

In-Unit Laundry

Age restricted

14h ago

Cheap Sun City house for rent in Menifee

27364 Family Cir, Menifee, CA 92586

Affordable | Garage parking | Carpet

3 beds

1 bath

$2,500

House for rent

Age restricted

16h ago

Cheap Sun City apartment for rent in Menifee

Affordable | Assigned parking | Central heat

2 beds

2 baths

$2,500

Apartment for rent

5d+ ago

Cheap Canyon Lake apartment for rent in Canyon Lake

Manufactured On Land - Canyon Lake, CA

23057 Big Tee Dr, Canyon Lake, CA 92587

Affordable | Outdoor space

2 beds

2 baths

$2,550

Apartment for rent

3D tour

5d+ ago

Cheap Canyon Lake condo for rent in Canyon Lake

Condominium - Canyon Lake, CA

22392 Canyon Club Dr, Canyon Lake, CA 92587

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$2,600

Condo for rent

Top amenities

In-Unit Laundry

Swimming Pool

5d+ ago

Cheap Quail Valley house for rent in Menifee

Single Family Residence - Menifee, CA

28595 Avenida Gaviota, Menifee, CA 92587

Affordable | Outdoor space

3 beds

2 baths

$2,600

House for rent

Nearby rental good for eco-living

$1,300

Lakeland Village

Nearby rental good for pet owners

$3,149–$3,899

Menifee

5d+ ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

Single Family Residence - Lake Elsinore, CA

32585 Winterberry Ln, Lake Elsinore, CA 92532

Affordable | In-unit laundry | Dishwasher

4 beds

2.5 baths

$2,900

House for rent

Top amenities

Carpet

Dishwasher

In-Unit Laundry

5d+ ago

Verified

28663 Eridanus Dr Menifee, CA 92586

28663 Eridanus Dr, Menifee, CA 92586

Affordable | Garage parking | Outdoor space

3 beds

2 baths

$2,995

House for rent

Available Jun 3

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5d+ ago

Cheap Quail Valley house for rent in Menifee

24380 Paseo Vivora, Menifee, CA 92587

Affordable

3 beds

2 baths

$3,000

House for rent

5d+ ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

33517 Cedar Creek Ln, Lake Elsinore, CA 92532

Affordable | In-unit laundry | Dishwasher

4 beds

2.5 baths

$3,099

House for rent

Top amenities

Dishwasher

In-Unit Laundry

Microwave

Find sweet deals near Canyon Lake

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$2,795

Canyon Lake

$3,099

Canyon Lake

$2,900

Lake Elsinore Hills District

5d+ ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

Single Family Residence - Lake Elsinore, CA

33561 Cedar Creek Ln, Lake Elsinore, CA 92532

Affordable | In-unit laundry | Garage parking

3 beds

2.5 baths

$3,100

House for rent

Top amenities

Ceiling Fan

Dishwasher

Garage Parking

On-Site Laundry

Package Service

Storage

5d+ ago

Cheap Sun City house for rent in Menifee

Single Family Residence - Menifee, CA

25119 Ridgemoor Rd, Menifee, CA 92586

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$3,200

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Canyon Lake house for rent in Canyon Lake

Single Family Residence - Canyon Lake, CA

22244 San Joaquin Dr W, Canyon Lake, CA 92587

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$3,300

House for rent

Top amenities

Carpet

On-Site Laundry

Storage

5d+ ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

53214 Savannah Ct.

53214 Savannah Ct, Lake Elsinore, CA 92532

Affordable | Garage parking | Dishwasher

3 beds

2.5 baths

$3,400

House for rent

Available Jun 1

Top amenities

Air Conditioning

On-Site Management

5d+ ago

Cheap Sun City house for rent in Menifee

Single Family Residence, Traditional - Menifee, CA

25349 Silverwood Ln, Menifee, CA 92584

Affordable | Garage parking | Storage

3 beds

2 baths

$3,495

House for rent

Top amenities

Storage

5d+ ago

Cheap Sun City house for rent in Menifee

25349 Silverwood Lane - 1

25349 Silverwood Ln #1, Menifee, CA 92584

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$3,495

House for rent

Available Aug 3

Top amenities

Air Conditioning

Ceiling Fan

Garage Parking

Hardwood Floor

High Ceilings

Microwave

30505 Canyon Hills Rd #1502 - Photo 1 of 1

5d+ ago

Cheap Lake Elsinore Hills District condo for rent in Lake Elsinore

Condominium - Lake Elsinore, CA

30505 Canyon Hills Rd #1502, Lake Elsinore, CA 92532

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$3,500

Condo for rent

Top amenities

Carpet

On-Site Laundry

Storage

Swimming Pool

4d ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

Single Family Residence - Lake Elsinore, CA

32023 Cottage Glen Dr, Lake Elsinore, CA 92532

Affordable | On-site laundry | Storage

5 beds

4 baths

$3,590

House for rent

Top amenities

Ceiling Fan

Fireplace

High Ceilings

On-Site Laundry

Swimming Pool

3d ago

Cheap Sun City house for rent in Menifee

29089 La Ladera Rd, Menifee, CA 92584

Affordable | In-unit laundry | Garage parking

5 beds

3 baths

$3,700

House for rent

Available Jun 17

Top amenities

Air Conditioning

Fireplace

Garage Parking

In-Unit Laundry

On-Site Laundry

On-Site Management

5d+ ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

Single Family Residence, Traditional - Lake Elsinore, CA

32040 Poppy Way, Lake Elsinore, CA 92532

Affordable | In-unit laundry | Dishwasher

4 beds

2.5 baths

$3,700

House for rent

Top amenities

Carpet

Ceiling Fan

Dishwasher

High Ceilings

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Lake Elsinore Hills District house for rent in Lake Elsinore

34253 Chaparossa Dr, Lake Elsinore, CA 92532

Affordable | In-unit laundry | Dishwasher

4 beds

3 baths

$3,800

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap house for rent in Menifee

Single Family Residence, Contemporary - Menifee, CA

24674 Silver Stone Ct, Menifee, CA 92584

Affordable | In-unit laundry | Garage parking

4 beds

2.5 baths

$3,800

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Canyon Lake house for rent in Canyon Lake

Single Family Residence - Canyon Lake, CA

30345 Little Harbor Dr, Canyon Lake, CA 92587

Affordable | Swimming pool | Fireplace

3 beds

2 baths

$3,945

House for rent

5d+ ago

Cheap house for rent in Menifee

Single Family Residence - Menifee, CA

24570 Hidden Hills Dr, Menifee, CA 92584

Affordable | In-unit laundry | Garage parking

4 beds

3 baths

$3,950

House for rent

Top amenities

Ceiling Fan

Fireplace

Garage Parking

In-Unit Laundry

On-Site Laundry

Swimming Pool

5d+ ago

Cheap Canyon Lake house for rent in Canyon Lake

Single Family Residence - Canyon Lake, CA

30186 Windward Dr, Canyon Lake, CA 92587

Affordable | Swimming pool | Outdoor space

5 beds

4 baths

$6,500

House for rent

Showing 1 - 25 of 25 results

Home > Apartments in Canyon Lake > Canyon Lake Cheap Apartments For Rent

Updated: June 22, 2026

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💸Lowest price	$2,450
🔑Available apartment rentals	25
💰Best rent deal	1800 E Lakeshore Dr
✨Popular amenities	, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos

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Cheap Apartments for Rent in Canyon Lake, CA

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