
Cheap Apartments for Rent in Lake Forest, CA from $1,200 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Forest.


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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.

The Meridian at Laguna Hills - 55+ Active Adult Apartments

Saddleback Ranch Apartments

SYCAMORE LANE APARTMENT HOMES

Furnished Studio-Orange County - Irvine Spectrum
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Whispering Fountains at Laguna Woods

Cortesia at Rancho Santa Margarita
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Lake Forest, CA Local Guide

How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Forest Studio Apartments | $2,804 | $1,750 | $4,725 |
| Cheap Lake Forest 1 Bedroom Apartments | $3,211 | $2,045 | $5,985 |
| Cheap Lake Forest 2 Bedroom Apartments | $3,914 | $2,726 | $6,970 |
| Cheap Lake Forest 3 Bedroom Apartments | $4,241 | $3,776 | $5,170 |
Browse Top Apartments in Lake Forest
See all Apartments in Lake ForestExplore Lake Forest
Lake Forest, CA Local Guide
- Lake Forest Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Forest, CA
Pricing Updated: 12/16/2025Current apartment rentals in the Lake Forest, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Forest Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Pacific Commerce Center | $4,357 | $2,069 | 73 |
| Serrano Highlands | $4,460 | $2,045 | 38 |
| Rancho de los Alisos | $4,465 | $1,750 | 47 |
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in Lake Forest, CA is a Studio unit found at The Meridian at Laguna Hills - 55+ Active Adult Apartments in the Nellie Gail Ranch neighborhood priced from $1,895. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,045. Here is today’s list of the most affordable Lake Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian at Laguna Hills - 55+ Active Adult Apartments | Villa - Studio | Studio,1BA | $1,895 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,045 |
| Spring Lakes Apartment Homes | Plan A | 1BR,1BA | $2,150 |
| SYCAMORE LANE APARTMENT HOMES | Aloe | Studio,1BA | $2,195 |
| Cortesia at Rancho Santa Margarita | Siena A1 | 1BR,1BA | $2,227 |
Best Value Apartments for Rent in Lake Forest, CA
As of December 17, 2025 the best value apartment in the Lake Forest area is the $2.75 price per square foot Reata Plan 2B Model at Reata Oakbrook Village in the in the Nellie Gail Ranch neighborhood starting from $3,331. The second greatest value Lake Forest apartment is the 2 Bed 2 Bathroom Model at Cedar Glen starting at $3,500 with a $2.94 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reata Oakbrook Village | Reata Plan 2B | 2BR,2BA | $2.75 |
| Cedar Glen | 2 Bed 2 Bathroom | 2BR,1BA | $2.94 |
| Saddleback Ranch Apartments | 2 Bed 2 Bath Down | 2BR,2BA | $3.11 |
| Timbers Apartments, El Toro | 2 Bedroom 2 Bath | 2BR,2BA | $3.06 |
| Trabuco Woods Apartment Homes | 2 Bed 2 Bath | 2BR,2BA | $3.23 |
| Villa Solana | La Playa | 1BR,1BA | $3.16 |
| Ridgecrest Apartments | Plan A | 1BR,1BA | $3.18 |
| 154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.04 |
| Alicia Plaza | Plan B | 1BR,1BA | $3.30 |
| 23465 Via Ronda | 23465 Via Ronda | Studio ,1BA | $2.92 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Best Local Schools in Lake Forest, CA
Serrano Intermediate
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Forest, CA Rentals by Map
See the most popular apartments and homes in Lake Forest, CA
Getting Around Lake Forest, CA
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Forest Apartments
What is the Cheapest Studio apartment in Lake Forest?
Currently the most affordable Cheap Studio Apartment in Lake Forest is at The Meridian at Laguna Hills - 55+ Active Adult Apartments listed at $1,895.
How much is rent for a Cheap One Bedroom Lake Forest Apartment?
The lowest price for a Cheap One Bedroom Lake Forest Apartment is $2,045 at Saddleback Ranch Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Forest is starting from $2,560 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.






