Last updated
Average Rent in Lake Elsinore, CA & Rent Trends
Rent prices and market trends across 5 apartment communities in Lake Elsinore, CA. Updated daily.
Market Average
$2,128/mo
Lowest Available
$1,825/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
25
available now
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Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Rent by Neighborhood in Lake Elsinore, CA
Compare average rent across Lake Elsinore, CA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Lake Elsinore 92532 | $2,153 | - | $1,844 | 1 | 37 |
| Lake Elsinore 92530 | $1,862 | ▼ $170 | $1,157 | 5 | 26 |
Is Rent Going Up or Down in Lake Elsinore, CA?
As of October 2026, the average rent in Lake Elsinore, CA is $2,128 per month across 5 apartment communities and 25 available units.
The most affordable option is Sierra Vista Apartments starting at $1,825/mo. By unit type, a 2-bedroom averages $2,128/mo.
Prices range from $1,825 to $2,465 per month. The most common price point is the $1,800 range, where 10 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Lake Elsinore, CA
Rent Prices by Apartment in Lake Elsinore, CA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Sierra Vista Apartments | $1,825/mo | $1,825/mo | 5 | 3.8 |
| Grand Oaks Apartment Homes | $1,835/mo | $1,835/mo | 4 | 3.1 |
| Lake Elsinore Apartments | $1,995/mo | $1,995/mo | 1 | 2.3 |
| Shoreline Apartments | $2,095/mo | $2,180/mo | 4 | 3.5 |
| Ridgestone | $2,240/mo | $2,365/mo | 11 | 3.9 |
Frequently Asked Questions About Rent in Lake Elsinore, CA
What is the average rent in Lake Elsinore, CA?
Is rent going up or down in Lake Elsinore, CA?
What is the cheapest apartment in Lake Elsinore, CA?
How many apartments are available in Lake Elsinore, CA?
What salary do I need to live comfortably in Lake Elsinore, CA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$85,000/year
Based on the 30 percent rule, using our tracked average rent of $2,128/mo.
Comfortable income
$102,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,825/mo), you need to earn at least $73,000/year.
Median household income in Lake Elsinore, CA is $96,527 , about 5% below the comfortable-living threshold.
Cost of living in Lake Elsinore, CA
Overall prices in Lake Elsinore, CA runs above the national average by about 7% (BEA Regional Price Parity index 107.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lake Elsinore, CA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,128 |
| Utilities | $567 |
| Groceries | $551 |
| Transportation | $1,353 |
| Healthcare | $660 |
| Other goods and services | $1,056 |
| Estimated total | $6,314/mo |
Population
71,516
Median household income
$96,527
Census median rent
$1,915/mo
Census rent burden
34.1%
Median age
33.4
Mean commute
42 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Lake Elsinore, CA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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