Houses for Rent in Lake Elsinore, CA

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What to Know About

Life in Lake Elsinore & Beyond

Lake Elsinore shares many of the great qualities that make California a desirable place to live.

California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.

There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.

With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

Lake Elsinore, CA

As of August 2025, Lake Elsinore's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Elsinore's average rent is 6.1% ($156) lower than the California average of $2,567 and 34.7% ($621) higher than the U.S. average of $1,790.

Average Rent
$2,411
Monthly ChangeMonth Over Month Change
Decreased1.4% ($33)
Yearly ChangeYear Over Year Change
Increased5.6% ($127)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,518 Decreased0.9% ($14) Increased8% ($112)
2 Beds $2,032 Decreased0.7% ($14) Decreased3.2% ($67)
3 Beds $2,779 Decreased1.5% ($42) Increased2.2% ($61)
Nearby Cities Average Rent Avg. Rent vs. Lake ElsinoreAverage Rent vs. Lake Elsinore Avg. Days on MarketAverage Days on Market
Wildomar $2,500 Increased3.7% ($89) 33 days
Menifee $2,596 Increased7.7% ($185) 26 days
Perris $2,154 Decreased10.7% ($257) 33 days
Murrieta $2,429 Increased0.7% ($18) 29 days
Rancho Santa Margarita $3,084 Increased27.9% ($673) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Elsinore Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Elsinore, CA.

The average rent in Lake Elsinore, CA is $2,411 per month.
Houses in Lake Elsinore typically rent for between $1,063 and $3,613 per month, with an average of $2,411 per month.
In Lake Elsinore, the average rent for a 1-bedroom house is $1,518 per month, for a 2-bedroom house, $2,032 per month, and a 3-bedroom house is $2,779 per month.
The average rent in Lake Elsinore is 34.7% ($621) higher than the national average of $1,790 per month.
The average rent in Lake Elsinore has decreased by 1.4% ($33) in the last month and increased by 5.6% ($127) over the past year.
The rental market in Lake Elsinore, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake Elsinore, CA, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 40 rental properties available in Lake Elsinore, CA.
Based on the current averages, a household would need an annual income of $81,280 to comfortably afford a 2-bedroom house in Lake Elsinore.
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