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

Rental Market Trends in Lake Elsinore, CA

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Lake Elsinore, CA is $2,633 per month, which is 38% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,633
-0.4%
-$12 decrease month-over-month
-0.6%
-$17 decrease year-over-year

AVAILABLE RENTALS

113

APARTMENTS

$1,819

HOUSES

$3,095

TOWNHOUSES

$2,750
As of May 2026, apartments are the most affordable rental option in Lake Elsinore, CA at $1,819 per month, while houses are the most expensive at $3,095 per month. Townhomes average $2,750 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,835
2 Bedrooms$1,930
3 Bedrooms$2,750
4 Bedrooms$3,328
All$2,633
As of May 2026, the average rent for a 1 bedroom rental in Lake Elsinore, CA is $1,835 per month, followed by $1,930 for a 2 bedroom rental, $2,750 for a 3 bedroom rental, and $3,328 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -4% compared to the previous year, which is a $95 decrease.
This year (2026)
Last year (2025)

Rent distribution

31% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $750 to $6,900.
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