Average Rent in Lake Elsinore, CA and Rent Price Trends

Rent trends in Lake Elsinore, CA

Average rent prices in Lake Elsinore have decreased by 7% over the last month and have decreased by 7% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Lake Elsinore, CA

Rent prices in Lake Elsinore vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Elsinore is $1,987, whereas a house costs $3,328. 1-bedroom apartments in Lake Elsinore run $1,695 on average, while 2-bedroom apartments are $1,895.


Studio	$2,125	1%	69%
1 bedroom	$1,400	13%	15%
2 bedroom	$2,300	7%	11%
3 bedroom	$2,700	2%	1%
4 bedroom	$3,400	2%	2%

		Listings
Alberhill District	$3,000
Ballpark District	$2,749
Country Club Heights District	$2,600
East Lake District	$2,750
Lake Edge District	$2,561
Lake Elsinore Business District	$2,800
Lake Elsinore Hills District	$3,328
Lake Elsinore Historic District	$1,972
Lake View District	$2,775
Riverview District	$2,522


Apartments	$1,987	4%	No Change
Condos	$2,547	2%	14%
Houses	$3,328	3%	17%
Rooms	$950	15%	No Change

Studio

Average rent

$2,125

Last 30 days

Last year

69%

1 bedroom

Average rent

$1,400

Last 30 days

13%

Last year

15%

2 bedroom

Average rent

$2,300

Last 30 days

Last year

11%

3 bedroom

Average rent

$2,700

Last 30 days

Last year

4 bedroom

Average rent

$3,400

Last 30 days

Last year

The table above reflects average rent prices in Lake Elsinore, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Elsinore, CA compare to other cities?

Compare median rent prices in Lake Elsinore and Beaumont by all bedroom counts and property types.

Lake Elsinore

Median rent price$2,700

42%

higher than the national median

Median rent price$3,120

64%

higher than the national median

Takeaway

The median rent for all rentals in Lake Elsinore, CA is 13% lower than the median rent in Beaumont, CA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$3,120

$2,795

$3,114

$2,797

$3,448

$2,500

$2,850

$2,695

Rancho Santa Margarita

$3,675

$3,848

$5,395

$3,167

Discover rentals in Lake Elsinore, CA

5d+ ago

Lake View District house for rent in Lake Elsinore

Peaceful place to stay

14809 Hidden Palm Ct, Lake Elsinore, CA 92530

1 bed

0.5 baths

$850

5d+ ago

Lake Edge District apartment for rent in Lake Elsinore

2 beds

1 bath

$1,895

3D tour

2d ago

8.8

Very good

Sumner 307

307 W Sumner Ave, Lake Elsinore, CA 92530

3 beds

1 bath

$2,104

2d ago

8.6

Very good

(*) Davis 402

402 Davis St, Lake Elsinore, CA 92530

3 beds

2 baths

$2,500

5d+ ago

Lake Edge District house for rent in Lake Elsinore

$2,600 - 3 Bedroom , 5Rooms, 2 full Bathroom House In Lake Elsinore With Great Amenities $2,600

31769 Vía Cordova #NA, Lake Elsinore, CA 92530

3 beds

2 baths

$2,600

5d+ ago

East Lake District condo for rent in Lake Elsinore

3 beds

2.5 baths

$2,800

5d+ ago

Lake View District house for rent in Lake Elsinore

805 Alpine Ct, Lake Elsinore, CA 92530

4 beds

2 baths

$3,000

2d ago

Lake View District house for rent in Lake Elsinore

29002 Spindrift Cir, Lake Elsinore, CA 92530

4 beds

2.5 baths

$3,200

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Lake Elsinore, CA

Quick answers to common questions about the Lake Elsinore rental market.

How much is rent in Lake Elsinore?

The average rent in Lake Elsinore is $2,700 per month as of September 12, 2026.

Is rent up or down in Lake Elsinore?

Average rent prices in Lake Elsinore have decreased by 7% over the last month and have decreased by 7% since last year.

How does Lake Elsinore rent compare to the national average?

Rent in Lake Elsinore is 42% above the national average, which means renters are paying approximately $800 more per month.

Which neighborhoods are most affordable in Lake Elsinore?

The most affordable neighborhoods in Lake Elsinore are Lake Elsinore Historic District ($1,972/mo), Riverview District ($2,522/mo), and Lake Edge District ($2,561/mo).

What salary do I need to afford rent in Lake Elsinore?

To comfortably afford rent in Lake Elsinore, you'd need to earn approximately $108,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lake Elsinore?

June offers the best rental deals in Lake Elsinore, with rents running about 5% lower than March, which sees the highest prices and most competitive conditions.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).