28425 Pueblo Dr
Trabuco CanyonCA92679
Cheap Homes for Rent in Lake Forest, CA from $1,500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Forest.
154 Abacus
IrvineCA92618
23395 La Crescenta, Unit A
23395 La Crescenta
Mission ViejoCA92691
23941 Landisview Ave
Lake ForestCA92630
3018 Via Buena Vis, Unit 3018-c Via Buena Vista
3018 Via Buena Vis
Laguna WoodsCA92637
133 Lomita
IrvineCA92618
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2238 Via Puerta, Unit E
2238 Via Puerta
Laguna WoodsCA92637
19801 Meadow Ridge Dr
Trabuco CanyonCA92679
25531 Indian Hill Ln
Laguna HillsCA92653
25671 Le Parc, Unit 25671 Le Parc Lake Forest
25671 Le Parc
Lake ForestCA92630
2233 Via Puerta, Unit N
2233 Via Puerta
Laguna WoodsCA92637
5368 Algarrobo, Unit E
5368 Algarrobo
Laguna WoodsCA92637
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
20702 El Toro Rd
Lake ForestCA92630
Showing Results 1-13, Page 1 of 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 | $3,186 | $2,250 | $4,350 |
| Lake Forest 3 Bedroom Homes for Rent | $4,390 | $3,400 | $5,500 |
| Lake Forest 4 Bedroom Homes for Rent | $7,186 | $2,500 | $10,000+ |
| Lake Forest 5 Bedroom Homes for Rent | $9,330 | $6,600 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lake Forest
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Lake Forest, CA Local Guide
- Lake Forest Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lake Forest, CA
Pricing Updated: 07/28/2026Current 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 | $4,450 | $2,220 | 51 |
| Serrano Highlands | $4,827 | $2,188 | 30 |
| Rancho de los Alisos | $4,957 | $2,188 | 34 |
Cheapest Available Lake Forest Apartments for Rent
The cheapest available apartment rental in Lake Forest, CA is a Studio unit found at The Meridian at Laguna Hills - 55+ Active Adult Apartments in the Nellie Gail Ranch neighborhood priced from $1,895. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,188. Here is today’s list of the most affordable Lake Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian at Laguna Hills - 55+ Active Adult Apartments | Villa - Studio | Studio,1BA | $1,895 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,188 |
| Cortesia at Rancho Santa Margarita | Siena | 1BR,1BA | $2,197 |
| Westridge Apartment Homes | Su Casa | 1BR,1BA | $2,220 |
| Los Alisos at Mission Viejo | One Bedroom A1B | 1BR,1BA | $2,311 |
Best Value Apartments for Rent in Lake Forest, CA
As of July 28, 2026 the best value apartment in the Lake Forest area is the $3.02 price per square foot 2x2 Model at San Sebastian in the in the Nellie Gail Ranch neighborhood starting from $3,305. The second greatest value Lake Forest apartment is the Plan B Model at Ridgecrest Apartments starting at $3,096 with a $2.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Sebastian | 2x2 | 2BR,2BA | $3.02 |
| Ridgecrest Apartments | Plan B | 2BR,2BA | $2.95 |
| Spring Lakes Apartment Homes | Plan D | 2BR,2BA | $3.00 |
| Sonterra at Foothill Ranch | Heather | 2BR,2BA | $3.14 |
| Alicia Village | Plan D | 2BR,1BA | $3.08 |
| 154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.11 |
| Timbers Apartments, El Toro | 1 Bedroom 1 Bath | 1BR,1BA | $3.30 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2.92 |
| eaves Lake Forest | A1 | 1BR,1BA | $3.19 |
| Westridge Apartment Homes | Su Casa | 1BR,1BA | $3.17 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Lake Forest, CAPopulation: 85,623
Ranked #391
in US Census Population by City
Best Local Schools in Lake Forest, CA
Foothill Ranch Elementary
Saddleback Valley Unified School District
Public School - Grades K-5 (990)
9 out of 10
Serrano Intermediate
Saddleback Valley Unified School District
Public School - Grades 6-8 (868)
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
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 143 Apartments for Rent in Lake Forest, CA with pricing that ranges from $1,895 to $8,540. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,550 to $15,000.
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 $1,550 to $15,000 with an average monthly rent of $5,309.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.