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from $2,130Studio to 2 Bedroom Apartments Available Now
Westridge Apartment Homes
26571 Normandale DrLake Forest, CA 92630
Cheap Apartments for Rent in Lake Forest, CA from $1,200 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Forest.
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from $1,9951 to 2 Bedroom Apartments Available Now
Saddleback Ranch Apartments
23151 Los Alisos BlvdMission Viejo, CA 92691
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from $1,995Studio to 1 Bedroom Apartments Available Now
The Meridian at Laguna Hills - 55+ Senior Apartments
24552 Paseo de ValenciaLaguna Hills, CA 92653
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from $2,194Studio to 2 Bedroom Apartments Available Now
SYCAMORE LANE APARTMENT HOMES
25162 Charlinda DrMission Viejo, CA 92691
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.
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from $2,1971 to 3 Bedroom Apartments Available Now
Cortesia at Rancho Santa Margarita
29752 Melinda RdRancho Santa Margarita, CA 92688
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from $2,265Studio to 3 Bedroom Apartments Available Now
Los Alisos at Mission Viejo
28601 Los Alisos BlvdMission Viejo, CA 92692
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Studio to 1 Bedroom Apartments
The Whispering Fountains at Laguna Woods
24300 El Toro RdLaguna Woods, CA 92637
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Lake Forest, CA Local Guide
Limestone Canyon Regional Park by OCParks_CA is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Forest Studio Apartments | $2,875 | $1,995 | $4,435 |
| Cheap Lake Forest 1 Bedroom Apartments | $3,263 | $1,995 | $6,909 |
| Cheap Lake Forest 2 Bedroom Apartments | $4,052 | $2,594 | $9,503 |
| Cheap Lake Forest 3 Bedroom Apartments | $4,048 | $3,360 | $4,990 |
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: 06/26/2025Current 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 | $4,265 | $2,130 | 80 |
| Rancho de los Alisos | $4,891 | $1,995 | 52 |
| Serrano Highlands | $4,891 | $1,995 | 51 |
Cheapest Available Lake Forest Apartments for Rent
The cheapest available apartment rental in Lake Forest, CA is a 2 Beds unit found at Arroyo at Baker Ranch in the Mission Viejo North neighborhood priced from $1,778. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,995. Here is today’s list of the most affordable Lake Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arroyo at Baker Ranch | BR2 | 2BR,1BA | $1,778 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $1,995 |
| The Meridian at Laguna Hills - 55+ Senior Apartments | Villa - Studio | Studio,1BA | $1,995 |
| Westridge Apartment Homes | Navaho | Studio,1BA | $2,130 |
| Spring Lakes Apartment Homes | Plan A | 1BR,1BA | $2,155 |
Best Value Apartments for Rent in Lake Forest, CA
As of June 27, 2025 the best value apartment in the Lake Forest area is the $3.00 price per square foot Montecito Model at SERRANO HIGHLANDS APARTMENT HOMES in the in the Mission Viejo North neighborhood starting from $3,086. The second greatest value Lake Forest apartment is the 2 BDRM/2 BATH Model at Timbers Apartments, El Toro starting at $3,065 with a $2.99 price per square foot in the Acacia Knolls 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. |
|---|---|---|---|
| SERRANO HIGHLANDS APARTMENT HOMES | Montecito | 2BR,2BA | $3.00 |
| Timbers Apartments, El Toro | 2 BDRM/2 BATH | 2BR,2BA | $2.99 |
| Sonterra at Foothill Ranch | Heather | 2BR,2BA | $3.06 |
| Arroyo at Baker Ranch | BR2 | 2BR,1BA | $1.82 |
| River Oaks Apartments | Apt 572: $1000 Off Move In Special | 2BR,2BA | $3.12 |
| Villa Solana | La Playa | 1BR,1BA | $3.01 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Down | 1BR,1BA | $2.71 |
| eaves Lake Forest | A1 | 1BR,1BA | $3.11 |
| Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.03 |
| Alicia Plaza | Plan B | 1BR,1BA | $3.26 |
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Best Local Schools in Lake Forest, CA
Foothill Ranch Elementary
Saddleback Valley Unified School District
Public School - Grades K-6 (1056)
7 out of 10
Serrano Intermediate
Saddleback Valley Unified School District
Public School - Grades 7-8 (977)
6 out of 10
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
Lake Forest, CA Apartments MapLake Forest, CA Rental Homes MapGetting 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+ Senior Apartments listed at $1,995.
How much is rent for a Cheap One Bedroom Lake Forest Apartment?
The lowest price for a Cheap One Bedroom Lake Forest Apartment is $1,995 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 $1,778 at Arroyo at Baker Ranch.
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.
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.
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.
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.
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.