3-Bedroom Rent · August 2026

3-Bedroom Apartment Rent in Lake Elsinore, CA

$3,765/mo

Median asking rent for a 3-bedroom apartment in Lake Elsinore, California as of August 2026. That's +56% higher than the citywide median of $2,414 and +77% above the national 3-bedroom median of $2,130.

3-Bedroom median
$3,765
August 2026
vs city overall
+56%
$2,414 city median
vs national
+77%
$2,130 US median
California rank
#240
of 380 cities

Income needed for a 3-bedroom in Lake Elsinore

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.

Annual income
$150,600
Monthly gross
$12,550
Hourly (full-time)
$72.40

Rent by apartment size in Lake Elsinore

Compare Lake Elsinore's median rent across every apartment size.

Studio
$2,180
1-Bedroom
$2,295
2-Bedroom
$2,800
3-Bedroom (current)
$3,765
4+ Bedroom
$4,525

Cheapest cities for a 3-bedroom in California

#City3-Bedroom rent
1Ridgecrest$1,538
2Taft$1,600
3Barstow$1,630
4Lakeport$1,650
5Westmont$1,663
6California City$1,720
7Clearlake$1,750
8Red Bluff$1,780
9El Centro$1,820
10Florence-Graham$1,835
11Oroville$1,840
12Paradise$1,860
13Florin$1,875
14Eureka$1,910
15Porterville$1,910

Most expensive cities for a 3-bedroom in California

#City3-Bedroom rent
1Santa Cruz$6,055
2Scotts Valley$5,870
3Aptos$5,870
4Cupertino$5,850
5Coronado$5,720
6Foster City$5,690
7Los Altos$5,380
8Capitola$5,340
9Solana Beach$5,330
10Tiburon$5,250
11Ladera Ranch$5,250
12Newport Beach$5,178
13Sunnyvale$5,173
14Millbrae$5,080
15Santa Barbara$5,050

Nearby cities — 3-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Lake Elsinore.

CityDistance3-Bedroom rentvs Lake Elsinore
Wildomar, CA6.7 mi$3,630$-135 (-4%)
Murrieta, CA9.8 mi$4,105+$340 (+9%)
Menifee, CA11.1 mi$3,640$-125 (-3%)
Perris, CA14.2 mi$3,460$-305 (-8%)
Riverside, CA18.2 mi$3,469$-296 (-8%)
Rancho Santa Margarita, CA19.1 mi$4,400+$635 (+17%)
Moreno Valley, CA19.2 mi$3,575$-190 (-5%)
Rancho Mission Viejo, CA19.5 mi$3,501$-264 (-7%)
Winchester, CA20 mi$4,550+$785 (+21%)
Ladera Ranch, CA21.4 mi$5,250+$1,485 (+39%)
Fallbrook, CA21.4 mi$2,980$-785 (-21%)
San Juan Capistrano, CA21.9 mi$4,130+$365 (+10%)

3-Bedroom rent in Lake Elsinore — common questions

How much is a 3-bedroom apartment in Lake Elsinore?

As of August 2026, the median 3-bedroom apartment rent in Lake Elsinore, California is $3,765 per month. This is +56% higher than the citywide median of $2,414.

What income do you need to afford a 3-bedroom in Lake Elsinore?

Using the standard 30% rent-to-income rule, you would need an annual income of about $150,600 ($12,550/month gross), which works out to roughly $72.40/hour at a full-time job.

Is Lake Elsinore expensive for a 3-bedroom compared to the rest of the US?

Lake Elsinore's 3-bedroom median of $3,765 is +77% above the national 3-bedroom median of $2,130. It ranks in the 94th percentile of US cities tracked.

How does Lake Elsinore rank for 3-bedroom rent in California?

Among the 380 cities in California with 3-bedroom data, Lake Elsinore ranks #240 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Lake Elsinore?

Yes — nearby cities with cheaper 3-bedroom rents include Wildomar ($3,630), Menifee ($3,640), Perris ($3,460).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Lake Elsinore, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.