
Cheap Homes for Rent in Lake Forest, CA from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Forest.


169 Avenida Majorca

63 Finch, Unit Bedroom 1
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.

12 Donatello

23424 Dune Mear Rd

26241 Las Flores
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.

23214 Orange Ave, Unit #1
Lake Forest, CA Local Guide

How much does it cost to rent a home in Lake Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Forest 2 Bedroom Homes for Rent | $3,320 | $2,700 | $4,995 |
Lake Forest 3 Bedroom Homes for Rent | $4,114 | $1,200 | $6,500 |
Lake Forest 4 Bedroom Homes for Rent | $5,623 | $4,450 | $7,500 |
Lake Forest 5 Bedroom Homes for Rent | $7,837 | $5,500 | $10,000+ |
Browse Top Homes for Rent in Lake Forest
Explore 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: 09/18/2025Current 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 | $4,210 | $2,305 | 56 |
Serrano Highlands | $4,397 | $1,999 | 38 |
Rancho de los Alisos | $4,720 | $1,999 | 44 |
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 $1,999. Alicia Village in the Nellie Gail Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,120. Here is today’s list of the most affordable Lake Forest apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $1,999 |
Alicia Village | Plan A | 1BR,1BA | $2,120 |
SYCAMORE LANE APARTMENT HOMES | Aloe | Studio,1BA | $2,198 |
Best Value Apartments for Rent in Lake Forest, CA
As of September 18, 2025 the best value apartment in the Lake Forest area is the $3.00 price per square foot Seine Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $4,185. The second greatest value Lake Forest apartment is the C1 Model at eaves Lake Forest starting at $4,040 with a $3.27 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bellecour Way Apartment Homes | Seine | 3BR,2.5BA | $3.00 |
eaves Lake Forest | C1 | 3BR,2BA | $3.27 |
Saddleback Ranch Apartments | 2 Bed 2 Bath Down | 2BR,2BA | $2.72 |
Creekside Laguna Apartments | 2+2D | 2BR,2BA | $2.93 |
Westridge Apartment Homes | Hacienda | 2BR,2BA | $3.10 |
River Oaks Apartments | $1000 OFF MOVE IN SPECIAL FOR 2 BEDx2 BATH IN L... | 2BR,2BA | $3.12 |
154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.04 |
Timbers Apartments, El Toro | 1 Bedroom 1 Bath | 1BR,1BA | $3.23 |
Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.26 |
Alicia Plaza | Plan B | 1BR,1BA | $3.16 |
Quick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Lake Forest, CA
Rancho Canada Elementary
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
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 $1,999 to $7,695. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,200 to $12,600.
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 $1,200 to $12,600 with an average monthly rent of $4,632.
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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.