
Cheap Homes for Rent in the Lantern Village Neighborhood of Dana Point, CA from $3,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lantern Village area of Dana Point.

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.

34148 Selva Rd, Unit 185
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.

33901 Mariana Dr
Lantern Village, Dana Point, CA Local Guide

How much does it cost to rent a home in Lantern Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lantern Village 2 Bedroom Homes for Rent | $4,720 | $3,500 | $7,000 |
| Lantern Village 3 Bedroom Homes for Rent | $7,578 | $5,250 | $10,000+ |
| Lantern Village 4 Bedroom Homes for Rent | $11,350 | $6,950 | $10,000+ |
| Lantern Village 5 Bedroom Homes for Rent | $22,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Lantern Village Neighborhood of Dana Point, CA.
Explore Dana Point
Best Value Apartments for Rent in Lantern Village, CA
As of July 12, 2026 the best value apartment in the Lantern Village area is the $3.78 price per square foot One Bedroom One Bath Model at The Villas at Monarch Beach in the in the Laguna Niguel East neighborhood starting from $2,723. The second greatest value Lantern Village apartment is the Plan A1 Model at Marea starting at $3,135 with a $4.54 price per square foot in the Laguna Niguel East 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 | One Bedroom One Bath | 1BR,1BA | $3.78 |
| Marea | Plan A1 | 1BR,1BA | $4.54 |
| Seabrook at Bear Brand | Plan 1A | 1BR,1BA | $5.13 |
Frequently Asked Questions about Lantern Village
What type of rentals are currently available in Lantern Village?
There are currently 134 Apartments for Rent in Lantern Village, CA with pricing that ranges from $2,723 to $4,902. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lantern Village ranging from $3,500 to $25,000.
What is the current price range for Rental Homes in Lantern Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lantern Village ranges from $3,500 to $25,000 with an average monthly rent of $9,949.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.