What's the average rent in Lake Elsinore, CA?

Rental Market Trends in Lake Elsinore, CA

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Lake Elsinore, CA is $2,650 per month, which is 39% higher than the national average rent of $1,913 per month.

AVERAGE RENT

$2,650
1.9%
$50 increase month-over-month
6.0%
$150 increase year-over-year

AVAILABLE RENTALS

142

APARTMENTS

$1,930

HOUSES

$3,121

TOWNHOUSES

$2,850
As of November 2026, apartments are the most affordable rental option in Lake Elsinore, CA at $1,930 per month, while houses are the most expensive at $3,121 per month. Townhomes average $2,850 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,650
2 Bedrooms$2,196
3 Bedrooms$2,800
4 Bedrooms$3,249
All$2,650
As of November 2026, the average rent for a 1 bedroom rental in Lake Elsinore, CA is $1,650 per month, followed by $2,196 for a 2 bedroom rental, $2,800 for a 3 bedroom rental, and $3,249 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +12% compared to the previous year, which is a +$300 increase.
This year (2026)
Last year (2025)

Rent distribution

35% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $940 to $7,000.
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