Cheap Homes for Rent in Lantern Village Neighborhood of Dana Point, CA from $3,000 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Lantern Village area of Dana Point.

Showing Results 1-4, Page 1 of 1

Lantern Village, Dana Point, CA Local Guide

Best Value Apartments for Rent in Lantern Village, CA

As of July 28, 2025 the best value apartment in the Lantern Village area is the $2.80 price per square foot 34081 El Encanto Ave Model at 34081 El Encanto Ave, Unit D in the in the Laguna Niguel South neighborhood starting from $2,795. The second greatest value Lantern Village apartment is the Two Bedroom Two Bath Model at The Villas at Monarch Beach starting at $2,749 with a $2.88 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 ListingModel NameBed/BathPrice Per Sq.Ft.
34081 El Encanto Ave, Unit D34081 El Encanto Ave2BR,1BA$2.80
The Villas at Monarch BeachTwo Bedroom Two Bath2BR,2BA$2.88
Dana Cove Luxury LivingOne Bed1BR,1BA$4.76
MareaPlan A11BR,1BA$4.28
Seabrook at Bear BrandPlan 1A1BR,1BA$4.97

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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 $2,672 to $8,285. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lantern Village ranging from $3,000 to $60,000.

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 $3,000 to $60,000 with an average monthly rent of $10,387.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.