Cheap Apartments for Rent in the Serrano Highlands Neighborhood of Lake Forest, CA from $1,200 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Serrano Highlands area of Lake Forest.
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.

Saddleback Ranch Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Serrano Highlands, Lake Forest, CA Local Guide

How much does it cost to rent an apartment in Serrano Highlands?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Serrano Highlands Studio Apartments | $2,397 | $2,225 | $2,901 |
Serrano Highlands 1 Bedroom Apartments | $2,662 | $1,977 | $5,769 |
Serrano Highlands 2 Bedroom Apartments | $3,229 | $2,787 | $7,785 |
Serrano Highlands 3 Bedroom Apartments | $4,791 | $3,849 | $5,300 |
Serrano Highlands 4 Bedroom Apartments | $6,450 | $5,000 | $8,800 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Serrano Highlands Neighborhood of Lake Forest, CA.
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Serrano Highlands, Lake Forest, CA Local Guide
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Best Value Apartments for Rent in Serrano Highlands, CA
As of May 28, 2025 the best value apartment in the Serrano Highlands area is the $1.48 price per square foot BR1 Model at Arroyo at Baker Ranch in the in the Mission Viejo North neighborhood starting from $1,817. The second greatest value Serrano Highlands apartment is the 2 Bed 2 Bath Up Model at Trabuco Villas starting at $3,349 with a $3.04 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for Serrano Highlands apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arroyo at Baker Ranch | BR1 | 1BR,1BA | $1.48 |
Trabuco Villas | 2 Bed 2 Bath Up | 2BR,2BA | $3.04 |
Ridgecrest Apartments | Plan B | 2BR,2BA | $3.05 |
River Oaks Apartments | 2 BR 2 BA Garage | 2BR,2BA | $3.17 |
Sonterra at Foothill Ranch | Mandevilla | 1BR,1BA | $3.17 |
154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.04 |
Saddleback Ranch Apartments | 1 Bed 1 Bath Down | 1BR,1BA | $2.85 |
eaves Lake Forest | A1 | 1BR,1BA | $3.16 |
Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
Siena Terrace | Naples | 1BR,1BA | $3.32 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleSerrano Highlands, Lake Forest, CA
Ranked #2
Among neighborhoods in Lake Forest, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Serrano Highlands, Lake Forest, CA
Rancho Canada Elementary
Serrano Intermediate
School data provided by Great Schools
Frequently Asked Questions about Cheap Serrano Highlands Apartments
What is the Cheapest Studio apartment in Serrano Highlands?
Currently the most affordable Cheap Studio Apartment in Serrano Highlands is at Westridge Apartment Homes listed at $2,225.
How much is rent for a Cheap One Bedroom Serrano Highlands Apartment?
The lowest price for a Cheap One Bedroom Serrano Highlands Apartment is $1,817 at Arroyo at Baker Ranch.
What is the lowest price for a Cheap Two Bedroom Serrano Highlands Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Serrano Highlands is starting from $2,782 at Siena Terrace.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.