Studio Apartment Rent in Lake Elsinore, CA
Median asking rent for a studio apartment in Lake Elsinore, California as of October 2026. That's +7% lower than the citywide median of $2,348 and +69% above the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Lake Elsinore
Compare Lake Elsinore's median rent across every apartment size.
Cheapest cities for a studio in California
| # | City | Studio rent |
|---|---|---|
| 1 | Florin | $738 |
| 2 | Taft | $870 |
| 3 | Ridgecrest | $887 |
| 4 | Lakeport | $890 |
| 5 | El Centro | $910 |
| 6 | Red Bluff | $930 |
| 7 | California City | $940 |
| 8 | Clearlake | $950 |
| 9 | Paradise | $970 |
| 10 | Eureka | $980 |
| 11 | Oroville | $985 |
| 12 | Fortuna | $990 |
| 13 | Porterville | $1,050 |
| 14 | Anderson | $1,060 |
| 15 | Shafter | $1,060 |
Most expensive cities for a studio in California
| # | City | Studio rent |
|---|---|---|
| 1 | Montecito | $3,570 |
| 2 | Scotts Valley | $3,420 |
| 3 | Aptos | $3,420 |
| 4 | Cupertino | $3,410 |
| 5 | Coronado | $3,190 |
| 6 | Ladera Ranch | $3,140 |
| 7 | Los Altos | $3,130 |
| 8 | Foster City | $3,130 |
| 9 | Newport Beach | $3,102 |
| 10 | Capitola | $3,100 |
| 11 | Sunnyvale | $3,010 |
| 12 | Santa Barbara | $3,000 |
| 13 | Irvine | $3,000 |
| 14 | Solana Beach | $2,970 |
| 15 | Saratoga | $2,910 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Lake Elsinore.
| City | Distance | Studio rent | vs Lake Elsinore |
|---|---|---|---|
| Wildomar, CA | 6.7 mi | $2,090 | $-90 (-4%) |
| Murrieta, CA | 9.8 mi | $2,370 | +$190 (+9%) |
| Menifee, CA | 11.1 mi | $2,100 | $-80 (-4%) |
| Perris, CA | 14.2 mi | $1,990 | $-190 (-9%) |
| Riverside, CA | 18.2 mi | $2,001 | $-179 (-8%) |
| Rancho Santa Margarita, CA | 19.1 mi | $2,630 | +$450 (+21%) |
| Moreno Valley, CA | 19.2 mi | $2,063 | $-117 (-5%) |
| Rancho Mission Viejo, CA | 19.5 mi | $2,715 | +$535 (+25%) |
| Winchester, CA | 20 mi | $2,630 | +$450 (+21%) |
| Ladera Ranch, CA | 21.4 mi | $3,140 | +$960 (+44%) |
| Fallbrook, CA | 21.4 mi | $1,660 | $-520 (-24%) |
| San Juan Capistrano, CA | 21.9 mi | $2,470 | +$290 (+13%) |
Studio rent in Lake Elsinore — common questions
How much is a studio apartment in Lake Elsinore?
As of October 2026, the median studio apartment rent in Lake Elsinore, California is $2,180 per month. This is +7% below the citywide median of $2,348.
What income do you need to afford a studio in Lake Elsinore?
Using the standard 30% rent-to-income rule, you would need an annual income of about $87,200 ($7,267/month gross), which works out to roughly $41.92/hour at a full-time job.
Is Lake Elsinore expensive for a studio compared to the rest of the US?
Lake Elsinore's studio median of $2,180 is +69% above the national studio median of $1,290. It ranks in the 93th percentile of US cities tracked.
How does Lake Elsinore rank for studio rent in California?
Among the 378 cities in California with studio data, Lake Elsinore ranks #256 from cheapest to most expensive.
Are there cheaper studio options near Lake Elsinore?
Yes — nearby cities with cheaper studio rents include Wildomar ($2,090), Menifee ($2,100), Perris ($1,990).