
Cheap Apartments for Rent in the Lantern Village Neighborhood of Dana Point, CA from $1,850 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lantern Village area of Dana Point.


Seabrook at Bear Brand

The Villas at Monarch Beach

Total Monthly Price
33751 El Encanto Ave, Unit A

33602 Street of the Blue Lantern

Sea View Condos

34082 El Encanto Ave

24831 La Paz Ave.

34036 El Encanto Ave

33911 Diana Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

La Cresta Drive

24841 Sherwood Way

33741 Olinda Dr

Villa Orilla

33971 Silver Lantern St

34072 El Encanto Ave

33892-33898 Diana Dr

24851 Selva Rd

34091 Copper Lantern St

33711-3373 Chula Vista Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

34001 Violet Lantern St

34161 La Serena Dr

33851 Silver Lantern St

33882-33892 Malaga Dr

33941-33951 Violet Lantern St

33961 Silver Lantern St

33592 Blue Lantern St

33751 El Encanto Ave

33851 Malaga Dr

33831 Mariana Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

34001 Copper Lantern St

33775 Olinda Dr

34011 St. of the Violet Lantern

33751 Silver Lantern St

33816 Diana Dr

34021 El Encanto Ave

33921 Street of the Violet

33832 Copper Lantern St

33781 Mariana Dr

33531 Blue Lantern St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

33562 Blue Lantern St

33882 Orilla Rd

34106-34112 Amber Lantern St

24441 Alta Vista Dr

34230 Pacific Coast Hwy

33775 Mariana Dr

33922 Golden Lantern

34142 Ruby Lantern St

Alcazar Apartments

34041 Ruby Lantern St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Lantern Village, Dana Point, CA Local Guide

How much does it cost to rent an apartment in Lantern Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lantern Village 1 Bedroom Apartments | $3,197 | $2,325 | $5,000 |
| Lantern Village 2 Bedroom Apartments | $3,693 | $2,850 | $4,590 |
| Lantern Village 3 Bedroom Apartments | $4,817 | $4,746 | $4,859 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 1 mile radius of the Lantern Village Neighborhood of Dana Point, CA.
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Cheapest Available Lantern Village Apartments for Rent
 The cheapest available apartment rental in the Lantern Village area of Dana Point, CA is a 1 Bed unit found at Marea priced from $3,035. Seabrook at Bear Brand has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,153. Here are the most affordable Lantern Village apartments for rent in Dana Point, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marea | A1 | 1BR,1BA | $3,035 |
| Seabrook at Bear Brand | Plan 1C | 1BR,1BA | $3,153 |
| The Villas at Monarch Beach | Two Bedroom One Bath | 2BR,1BA | $3,172 |
Best Value Apartments for Rent in Lantern Village, CA
As of September 05, 2026 the best value apartment in the Lantern Village area is the $3.50 price per square foot Two Bedroom One Bath Model at The Villas at Monarch Beach in the in the Laguna Niguel East neighborhood starting from $3,172. The second greatest value Lantern Village apartment is the 33751 El Encanto Ave Model at 33751 El Encanto Ave, Unit A starting at $3,950 with a $4.39 price per square foot in the Laguna Niguel South neighborhood. Here is today’s list of the best values for Lantern Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villas at Monarch Beach | Two Bedroom One Bath | 2BR,1.5BA | $3.50 |
| 33751 El Encanto Ave, Unit A | 33751 El Encanto Ave | 2BR,2BA | $4.39 |
| Seabrook at Bear Brand | Plan 1D | 1BR,1BA | $4.49 |
| Marea | A1 | 1BR,1BA | $4.39 |
Frequently Asked Questions about Cheap Lantern Village Apartments
What is the price of a cheap apartment in Lantern Village?
The cheapest apartment in Lantern Village is Marea which is listed at $3,035, while the average apartment in Lantern Village costs $3,410.
What types of apartments are the cheapest in Lantern Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Lantern Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.