Cheap Apartments for Rent near El Toro, CA from $1,950 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in El Toro.

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.

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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.

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Ravello
Rent Specials
$2,895 - $5,453
Total Monthly Price

Total Monthly Price

Base Rent
$2,895 - $5,453
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Ravello

23411 SummerfieldAliso Viejo, CA 92656
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ARTÀ Apartments
Rent Specials
$3,115 - $5,337
Total Monthly Price

Total Monthly Price

Base Rent
$3,115 - $5,337
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

ARTÀ Apartments

23592 WindsongAliso Viejo, CA 92656
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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.

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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630
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Alicia Village
1 to 2 Bedroom Apartments

Alicia Village

25211 Stockport StLaguna Hills, CA 92653
Corporate Housing

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.

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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692
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Alicia Plaza
1 to 2 Bedroom Apartments

Alicia Plaza

25212 Stockport StLaguna Hills, CA 92653
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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

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.

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Showing Results 1-50, Page 1 of 2

El Toro, CA Local Guide

Cheapest Available El Toro Apartments for Rent and Nearby

 

The cheapest available apartment rental in El Toro, CA is a Studio unit found at The Meridian at Laguna Hills - 55+ Active Adult Apartments in the Nellie Gail Ranch neighborhood priced from $1,950. Westridge Apartment Homes in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,105. Here is today’s list of the most affordable El Toro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meridian at Laguna Hills - 55+ Active Adult ApartmentsVilla - StudioStudio,1BA$1,950
Westridge Apartment HomesNavahoStudio,1BA$2,105
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,200
Alicia VillagePlan B1BR,1BA$2,300
Emerald Court Apartment HomesPlan 11BR,1BA$2,325
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,340
The Village at Irvine SpectrumDel Rey - Plan 104Studio,1BA$2,350
Vista Del LagoCosta Renovated1BR,1BA$2,352
SYCAMORE LANE APARTMENT HOMESAgave1BR,1BA$2,399
eaves Mission ViejoA31BR,1BA$2,400

Best Value Apartments for Rent in El Toro, CA and Nearby

As of August 29, 2026 the best value apartment in the El Toro area is the $2.93 price per square foot 2x2 - Den - Small Model at San Sebastian | 55+ Active Adult Apartments in the in the Nellie Gail Ranch neighborhood starting from $3,780. The second greatest value El Toro apartment is the Plan B Model at Ridgecrest Apartments starting at $3,063 with a $2.92 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for El Toro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
San Sebastian | 55+ Active Adult Apartments2x2 - Den - Small2BR,2BA$2.93
Ridgecrest ApartmentsPlan B2BR,2BA$2.92
Los Alisos at Mission ViejoTwo Bedroom B2D2BR,2BA$3.23
Sonterra at Foothill RanchHeather2BR,2BA$3.18
ARTÀ ApartmentsThe Madrid1BR,1BA$3.25
Ravello1G1BR,1BA$3.28
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$3.04
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1.2BA$3.27
eaves Mission ViejoA31BR,1BA$3.20
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore El Toro, CA Rentals by Map

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Frequently Asked Questions about Cheap El Toro Apartments

What is the Cheapest Studio apartment in El Toro?

Currently the most affordable Cheap Studio Apartment in El Toro is at The Meridian at Laguna Hills - 55+ Active Adult Apartments listed at $1,950.

How much is rent for a Cheap One Bedroom El Toro Apartment?

The lowest price for a Cheap One Bedroom El Toro Apartment is $2,200 at Saddleback Ranch Apartments.

What is the lowest price for a Cheap Two Bedroom El Toro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in El Toro is starting from $2,800 at Alicia Village.

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

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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.

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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.

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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.

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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.