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Canyon Lake, CA Condo for Rent

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    $2,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,423 Sq Ft
    • Condo for Rent

    22392 Canyon Club Dr, Canyon Lake, CA 92587

    Welcome to this stunning single-level condo located just steps from the water in the highly desirable gated community of Canyon Lake! Situated within a private, gated condo enclave inside Canyon Lake, this beautifully upgraded home offers a light, bright, and open floor plan featuring 2 spacious bedrooms plus a versatile office/den—perfect for a home office or additional living space.The

    Lori Robinson Coldwell Banker Assoc.Brks-CL

    22392 Canyon Club Dr, Canyon Lake, CA 92587

Frequently Asked Questions

How much does it cost to rent a condo in Canyon Lake, CA?
The median rent for a condo in Canyon Lake, CA is $2,550 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Canyon Lake, CA?
To comfortably afford the median rent in Canyon Lake, CA, a household needs to earn roughly $138,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,472 per month in Canyon Lake, CA, renters typically need to show $10,416 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Canyon Lake, CA?
In Canyon Lake, CA, the price-to-rent ratio is 17.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Canyon Lake, CA are best for renting a condo?
The best neighborhood for renting in Canyon Lake, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include North Murrieta and Edgemont, each with its own character and price range.

Condo Rental Trends in Canyon Lake, CA

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$2,550
Median 1 Bedroom Condo Rent
$1,800
Median 2 Bedroom Condo Rent
$3,300
How to Rent a Home