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 4% over the last month and have remained the same 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 $1,872, whereas a house costs $3,197. 1-bedroom apartments in Lake Elsinore run $1,850 on average, while 2-bedroom apartments are $1,895.


Studio	$2,125	3%	69%
1 bedroom	$2,087	1%	33%
2 bedroom	$2,600	No Change	36%
3 bedroom	$2,850	No Change	3%
4 bedroom	$3,339	3%	No Change

		Listings
Alberhill District	$2,523
Ballpark District	$2,523
Country Club Heights District	$2,700
East Lake District	$2,750
Lake Edge District	$2,600
Lake Elsinore Business District	$2,750
Lake Elsinore Hills District	$3,100
Lake Elsinore Historic District	$2,749
Lake View District	$2,900
Riverview District	$3,199


Apartments	$1,872	1%	No Change
Condos	$2,750	21%	No Change
Houses	$3,197	3%	No Change

Studio

Average rent

$2,125

Last 30 days

Last year

69%

1 bedroom

Average rent

$2,087

Last 30 days

Last year

33%

2 bedroom

Average rent

$2,600

Last 30 days

No Change

Last year

36%

3 bedroom

Average rent

$2,850

Last 30 days

No Change

Last year

4 bedroom

Average rent

$3,339

Last 30 days

Last year

No Change

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$2,900

50%

higher than the national median

Median rent price$2,800

45%

higher than the national median

Takeaway

The median rent for all rentals in Lake Elsinore, CA is 4% higher than the median rent in Beaumont, CA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,800

$3,300

$3,500

$3,000

$4,175

$2,620

$2,913

$2,450

Rancho Santa Margarita

$3,970

$4,500

$5,650

$3,200

Discover rentals in Lake Elsinore, CA

5d+ ago

Very good

(*) N Chestnut 242

242 N Chestnut St, Lake Elsinore, CA 92530

2 beds

1 bath

$1,395

Apartment for rent

3D tour

7h ago

8.4

Very good

Limited - 509

509 W Limited Ave, Lake Elsinore, CA 92530

2 beds

1–2 baths

$1,795

Apartment for rent

5d+ ago

Lake Edge District apartment for rent in Lake Elsinore

2 beds

1 bath

$1,895

Apartment for rent

5d+ ago

Lake View District house for rent in Lake Elsinore

16450 Monterey St, Lake Elsinore, CA 92530

3 beds

2 baths

$2,650

$2,350

Price drop

House for rent

5d+ ago

8.4

Very good

Davis 402

402 Davis St, Lake Elsinore, CA 92530

3 beds

2 baths

$2,500

Apartment for rent

5d+ ago

Lake View District house for rent in Lake Elsinore

805 Amador Ct, Lake Elsinore, CA 92530

3 beds

2 baths

$2,700

House for rent

Available Aug 31

5d+ ago

East Lake District house for rent in Lake Elsinore

18885 Oakview Way, Lake Elsinore, CA 92530

3 beds

2 baths

$2,750

House for rent

5d+ ago

East Lake District condo for rent in Lake Elsinore

3 beds

2.5 baths

$3,000

$2,800

Price drop

Condo for rent

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 $2,900 per month as of July 25, 2026.

Is rent up or down in Lake Elsinore?

Average rent prices in Lake Elsinore have decreased by 4% over the last month and have remained the same since last year.

How does Lake Elsinore rent compare to the national average?

Rent in Lake Elsinore is 50% above the national average, which means renters are paying approximately $970 more per month.

Which neighborhoods are most affordable in Lake Elsinore?

The most affordable neighborhoods in Lake Elsinore are Alberhill District ($2,523/mo), Ballpark District ($2,523/mo), and Lake Edge District ($2,600/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 $116,000/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?

Based on Zumper's July 2026 data, one-bedroom apartments in Lake Elsinore average around $1,690/month and two-bedrooms approximately $2,120/month.

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).