Cheap Homes for Rent in Lake Forest, CA from $1,100 (13 Rentals)

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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.

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.

Lake Forest, CA Local Guide

Cheapest Neighborhoods for Apartments in Lake Forest, CA

Pricing Updated: 12/27/2025

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$4,489$2,06985
Serrano Highlands$4,515$2,06544
Rancho de los Alisos$4,670$1,75055

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 $2,180. 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$2,180
Westridge Apartment HomesNavahoStudio,1BA$2,195
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,200
Cortesia at Rancho Santa MargaritaSiena1BR,1BA$2,217

Best Value Apartments for Rent in Lake Forest, CA

As of December 27, 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
Villa SolanaVista2BR,2BA$3.09
Timbers Apartments, El Toro2 Bedroom 2 Bath2BR,2BA$3.06
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Ridgecrest ApartmentsPlan A1BR,1BA$3.18
eaves Lake ForestA11BR,1BA$3.09
Emerald Court Apartment HomesPlan 21BR,1BA$3.11
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.

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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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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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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.

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

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Frequently Asked Questions about Lake Forest

What type of rentals are currently available in Lake Forest?

There are currently 142 Apartments for Rent in Lake Forest, CA with pricing that ranges from $1,750 to $5,150. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,150 to $18,000.

What is the current price range for Rental Homes in Lake Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,150 to $18,000 with an average monthly rent of $4,347.

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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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.

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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.

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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!