Cheap Apartments for Rent in the Serrano Highlands Neighborhood of Lake Forest, CA from $1,220 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Serrano Highlands area of Lake Forest.

property at 25671 Le Parc
$2,450

Total Monthly Price

Base Rent$2,450
Total Monthly Price$2,450
1 Bedroom, 1 Bath Condo for Rent
Available Sep 8
Affordability

25671 Le Parc, Unit 25671 Le Parc Lake Forest

25671 Le Parc
Lake ForestCA92630
  • Smoke Free

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.

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property at 22700 Lake Forest Dr
$2,910

Total Monthly Price

Base Rent$2,910
Total Monthly Price$2,910
1 Bedroom, 1 Bath Home for Rent
Available Sep 14
Furnished

22700 Lake Forest Dr

Lake ForestCA92630
property at 22792 Malaga Way
$3,200

Total Monthly Price

Base Rent$3,200
Total Monthly Price$3,200
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1

22792 Malaga Way

Lake ForestCA92630

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.

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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Trabuco Villas
1 to 2 Bedroom Apartments

Trabuco Villas

25381 Mosswood WayLake Forest, CA 92630
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Cedar Glen
2 Bedroom Apartments

Cedar Glen

25885 Trabuco RdLake Forest, CA 92630

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Anton Portola
1 to 2 Bedroom Apartments

Anton Portola

100 FountainheadIrvine, CA 92618
  • Utilities Included
Showing Results 1-29, Page 1 of 1

Serrano Highlands, Lake Forest, CA Local Guide

Cheapest Available Serrano Highlands Apartments for Rent

 

The cheapest available apartment rental in the Serrano Highlands area of Lake Forest, CA is a 1 Bed unit found at Arroyo at Baker Ranch priced from $2,007. Saddleback Ranch Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,150. Here are the most affordable Serrano Highlands apartments for rent in Lake Forest, CA:

Apartment ListingModel NameBed/BathPriced From
Arroyo at Baker RanchBR11BR,1BA$2,007
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,150
Westridge Apartment HomesNavahoStudio,1BA$2,290
Emerald Court Apartment HomesPlan 11BR,1BA$2,300
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,340
Spring Lakes Apartment HomesPlan B1BR,1BA$2,400
Siena TerraceNaples1BR,1BA$2,442
The ArborsPlan A11BR,1BA$2,585
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1BA$2,745
Trabuco VillasPlan 1A1BR,1BA$2,769

Best Value Apartments for Rent in Serrano Highlands, CA

As of September 06, 2026 the best value apartment in the Serrano Highlands area is the $3.05 price per square foot Plan B Model at Ridgecrest Apartments in the in the Mission Viejo Central neighborhood starting from $3,203. The second greatest value Serrano Highlands apartment is the Madrid Model at SERRANO HIGHLANDS APARTMENT HOMES starting at $3,677 with a $3.57 price per square foot in the Mission Viejo North neighborhood. Here is today’s list of the best values for Serrano Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridgecrest ApartmentsPlan B2BR,2BA$3.05
SERRANO HIGHLANDS APARTMENT HOMESMadrid2BR,2BA$3.57
Arroyo at Baker RanchBR22BR,1BA$2.45
Crestwood Apartment Homes22C2BR,2BA$3.44
Sonterra at Foothill RanchMandevilla1BR,1BA$3.44
eaves Lake ForestA21BR,1BA$3.31
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$3.01
Trabuco VillasPlan 1A1BR,1BA$3.60
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.25
Siena TerraceNaples1BR,1BA$3.49

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Serrano Highlands, Lake Forest, CA

Ranked #3

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Serrano Highlands, Lake Forest, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Serrano Highlands Apartments

How much is rent for a Cheap One Bedroom Serrano Highlands Apartment?

The lowest price for a Cheap One Bedroom Serrano Highlands Apartment is $2,007 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 $2,387 at Arroyo at Baker Ranch.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.