Cheap Apartments for Rent in Lake Forest, CA from $1,200 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630

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.

Read Article

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.

Read Article
close
View Me
Anton Portola
1 to 2 Bedroom Apartments

Anton Portola

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

Sofi Laguna Hills

24555 Los Alisos BlvdLaguna Hills, CA 92653
close
View Me
Alicia Plaza
1 to 2 Bedroom Apartments

Alicia Plaza

25212 Stockport StLaguna Hills, CA 92653
close
View Me
Alicia Village
1 to 2 Bedroom Apartments

Alicia Village

25211 Stockport StLaguna Hills, CA 92653
Corporate Housing

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.

Read Article
Showing Results 1-21, Page 1 of 1

Lake Forest, CA Local Guide

Cheapest Neighborhoods for Apartments in Lake Forest, CA

Pricing Updated: 12/29/2025

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
Pacific Commerce Center$4,490$2,06987
Serrano Highlands$4,490$2,06549
Rancho de los Alisos$4,650$1,75059

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 $2,041. Emerald Court Apartment Homes in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,185. 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$2,041
Emerald Court Apartment HomesPlan 21BR,1BA$2,185
Westridge Apartment HomesNavahoStudio,1BA$2,200
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,203
Cortesia at Rancho Santa MargaritaSiena1BR,1BA$2,217

Best Value Apartments for Rent in Lake Forest, CA

As of December 30, 2025 the best value apartment in the Lake Forest area is the $2.94 price per square foot 2 Bed 2 Bathroom Model at Cedar Glen in the in the Mission Viejo Central neighborhood starting from $3,500. The second greatest value Lake Forest apartment is the 2 Bed 2 Bath Down Model at Saddleback Ranch Apartments starting at $3,501 with a $3.11 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Glen2 Bed 2 Bathroom2BR,1BA$2.94
Saddleback Ranch Apartments2 Bed 2 Bath Down2BR,2BA$3.11
Trabuco VillasPlan 2A2BR,2BA$3.19
Timbers Apartments, El Toro2 Bedroom 2 Bath2BR,2BA$3.06
Villa SolanaLa Playa1BR,1BA$3.06
Ridgecrest ApartmentsPlan A1BR,1BA$3.10
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Alicia PlazaPlan B1BR,1BA$3.19
Emerald Court Apartment HomesPlan 21BR,1BA$3.12
23465 Via Ronda23465 Via RondaStudio ,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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

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

Decorative image of map

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

View Map
Lake Forest, CA Apartments Map
View Map
Lake Forest, CA Rental Homes Map

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 Westridge Apartment Homes listed at $2,200.

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

The lowest price for a Cheap One Bedroom Lake Forest Apartment is $2,041 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 $2,615 at Spring Lakes Apartment Homes.

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!