Cheap Apartments for Rent in Lake Forest, CA from $1,200 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Forest.

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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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630
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Trabuco Villas
1 to 2 Bedroom Apartments

Trabuco Villas

25381 Mosswood WayLake Forest, CA 92630

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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Skyview
Rent Specials
$2,382 - $3,7301 to 3 Bedroom Apartments Available Now

Skyview

21022 Los Alisos BlvdRancho Santa Margarita, CA 92688
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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.

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Anton Portola
1 to 2 Bedroom Apartments

Anton Portola

100 FountainheadIrvine, CA 92618
  • Utilities Included
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Sofi Laguna Hills
1 to 2 Bedroom Apartments

Sofi Laguna Hills

24555 Los Alisos BlvdLaguna Hills, CA 92653
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Alicia Village
1 to 2 Bedroom Apartments

Alicia Village

25211 Stockport StLaguna Hills, CA 92653
Corporate Housing
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Alicia Plaza
1 to 2 Bedroom Apartments

Alicia Plaza

25212 Stockport StLaguna Hills, CA 92653

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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Showing Results 1-28, Page 1 of 1

Lake Forest, CA Local Guide

Cheapest Neighborhoods for Apartments in Lake Forest, CA

Pricing Updated: 11/01/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Serrano Highlands$4,365$2,02049
Pacific Commerce Center$4,450$2,06981
Rancho de los Alisos$4,505$2,02056

Cheapest Available Lake Forest Apartments for Rent

 

The cheapest available apartment rental in Lake Forest, CA is a 1 Bed unit found at Saddleback Ranch Apartments in the Mission Viejo Central neighborhood priced from $2,020. The Meridian at Laguna Hills - 55+ Senior Apartments in the Nellie Gail Ranch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,100. Here is today’s list of the most affordable Lake Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2,020
The Meridian at Laguna Hills - 55+ Senior ApartmentsVilla - StudioStudio,1BA$2,100
Emerald Court Apartment HomesPlan 11BR,1BA$2,145
Alicia VillagePlan A1BR,1BA$2,160
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,195
Alicia PlazaPlan B1BR,1BA$2,230
eaves Lake ForestA11BR,1BA$2,230
Cortesia at Rancho Santa MargaritaSiena A11BR,1BA$2,237
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,239
Los Alisos at Mission ViejoOne Bedroom A1A1BR,1BA$2,299

Best Value Apartments for Rent in Lake Forest, CA

As of November 01, 2025 the best value apartment in the Lake Forest area is the $2.87 price per square foot Lyon Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,740. The second greatest value Lake Forest apartment is the C1 Model at eaves Lake Forest starting at $3,878 with a $3.14 price per square foot in the Pacific Commerce Center neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellecour Way Apartment HomesLyon2BR,2.5BA$2.87
eaves Lake ForestC13BR,2BA$3.14
Saddleback Ranch Apartments2 Bed 2 Bath Down2BR,2BA$2.91
Trabuco Villas2 Bed 2 Bath (1st floor)2BR,2BA$3.14
Westridge Apartment HomesHacienda2BR,2BA$3.08
Villa SolanaLa Playa1BR,1BA$3.23
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Timbers Apartments, El Toro1 Bedroom 1 Bath1BR,1BA$3.16
River Oaks ApartmentsMOVE IN SPECIAL: FIRST 2 WEEKS FREE! Spacious 1...1BR,1BA$3.15
Alicia PlazaPlan B1BR,1BA$3.16

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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Quick Rent Budget Calculator

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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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Best Local Schools in
Lake Forest, CA

School data provided by Great Schools

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

Explore Lake Forest, CA Rentals by Map

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See the most popular apartments and homes in Lake Forest, CA

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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+ Senior Apartments listed at $2,100.

How much is rent for a Cheap One Bedroom Lake Forest Apartment?

The lowest price for a Cheap One Bedroom Lake Forest Apartment is $2,020 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 $2,660 at Alicia Village.

What is the most affordable Lake Forest Three Bedroom Apartment?

The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at Cortesia at Rancho Santa Margarita and starts from $3,569.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.