Perris / Lake Elsinore, CA

August 2026

92530,92532,92570

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,712 – $1,800 0.34% -0.43%
2-Bedroom $1,947 – $2,088 -1.31% -7.40%
3-Bedroom $2,643 – $2,806 -1.89% -0.67%
4-Bedroom $3,920 – $4,204 -2.13% 0.47%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,951 – $2,080 4.28% 3.87%
2-Bedroom $2,283 – $2,400 3.62% -1.32%
3-Bedroom $2,887 – $3,066 4.05% 0.71%
4-Bedroom $3,972 – $4,320 1.62% 4.50%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,861 – $1,956 -2.08% 0.19%
2-Bedroom $2,229 – $2,343 0.99% 0.23%
3-Bedroom $2,758 – $3,017 0.54% -0.74%
4-Bedroom $3,309 – $3,672 4.85% 5.30%
Data updated: September 22, 2026
Perris / Lake Elsinore Rental Trends

In the Perris / Lake Elsinore (92530, 92532, 92570) rental market, single-family 1-bedroom homes saw the sharpest annual increase, with median rent up 5.81% year-over-year to $1,904. This contrasts with the apartment segment, where 1-bedroom units in the same area posted only a 0.61% yearly gain.

Compared to other large-unit types in Perris / Lake Elsinore (92530, 92532, 92570), 4-bedroom condos posted a 3.23% monthly increase, reaching a median rent of $4,033. Meanwhile, 4-bedroom single-family homes edged down 0.18% MoM, highlighting short-term strength within the condo segment for larger rentals.

Reflecting a shift in renter demand, Perris / Lake Elsinore (92530, 92532, 92570) rental trends reveal that 2-bedroom apartments declined to $2,119, down 2.09% from last year. In comparison, 2-bedroom condos rose 0.89% YoY, suggesting relative resilience for mid-size condo rentals in this market.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,756 $2,018 $2,724 $4,062
July 2026 $1,716 $2,016 $2,738 $4,151
June 2026 $1,862 $2,094 $2,885 $4,096
May 2026 $1,774 $2,119 $2,828 $4,010
April 2026 $1,830 $2,032 $2,596 $3,944
March 2026 $1,804 $2,047 $2,679 $3,899
February 2026 $1,707 $1,975 $2,683 $3,924
January 2026 $1,789 $2,107 $2,777 $3,982
December 2025 $1,837 $2,180 $2,792 $4,045
November 2025 $1,840 $2,179 $2,820 $4,098
October 2025 $1,845 $2,216 $2,876 $4,097
September 2025 $1,879 $2,233 $2,889 $4,078

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $2,015 $2,341 $2,977 $4,146
July 2026 $1,891 $2,244 $2,847 $4,080
June 2026 $1,825 $2,309 $2,760 $4,044
May 2026 $1,882 $2,277 $2,891 $4,033
April 2026 $1,882 $2,333 $2,769 $3,900
March 2026 $1,938 $2,314 $2,848 $3,978
February 2026 $1,902 $2,319 $2,850 $3,914
January 2026 $1,932 $2,320 $2,819 $3,902
December 2025 $1,937 $2,281 $2,952 $3,923
November 2025 $1,973 $2,312 $2,931 $3,926
October 2025 $1,948 $2,302 $2,988 $3,971
September 2025 $1,973 $2,387 $2,984 $4,011

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,909 $2,286 $2,888 $3,491
July 2026 $1,923 $2,255 $2,877 $3,333
June 2026 $1,940 $2,143 $2,934 $3,345
May 2026 $1,904 $2,163 $2,842 $3,318
April 2026 $1,857 $2,186 $2,923 $3,303
March 2026 $1,937 $2,252 $2,857 $3,210
February 2026 $1,923 $2,244 $2,855 $3,158
January 2026 $1,945 $2,311 $2,875 $3,247
December 2025 $1,955 $2,365 $2,908 $3,259
November 2025 $1,965 $2,408 $2,871 $3,307
October 2025 $1,932 $2,429 $2,872 $3,321
September 2025 $1,918 $2,412 $2,903 $3,332

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