Cheap Apartments for Rent in the Serrano Highlands Neighborhood of Lake Forest, CA from $1,200 (24 Rentals)

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

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The Rowe
3 Bedroom Apartments

The Rowe

26 JasmineLake 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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22992 Village Dr
2 to 3 Bedroom Apartments

22992 Village Dr

22992 Village DrLake Forest, CA 92630
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23062 Village Dr
2 to 3 Bedroom Apartments

23062 Village Dr

23062 Village DrLake Forest, CA 92630
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23031 Village Dr
Studio Apartments

23031 Village Dr

23031 Village DrLake Forest, CA 92630
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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630

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.

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Trabuco Villas
1 to 2 Bedroom Apartments

Trabuco Villas

25381 Mosswood WayLake Forest, CA 92630

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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Showing Results 1-24, 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 Saddleback Ranch Apartments priced from $2,070. Spring Lakes Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,225. Here are the most affordable Serrano Highlands apartments for rent in Lake Forest, CA:

Apartment ListingModel NameBed/BathPriced From
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,070
Spring Lakes Apartment HomesPlan A1BR,1BA$2,225
Emerald Court Apartment HomesPlan 11BR,1BA$2,310
Westridge Apartment HomesSu Casa1BR,1BA$2,335
Sonterra at Foothill RanchJasmine1BR,1BA$2,495

Best Value Apartments for Rent in Serrano Highlands, CA

As of June 08, 2026 the best value apartment in the Serrano Highlands area is the $3.26 price per square foot C1 Model at eaves Lake Forest in the in the Pacific Commerce Center neighborhood starting from $4,025. The second greatest value Serrano Highlands apartment is the 22C Model at Crestwood Apartment Homes starting at $3,210 with a $3.45 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.
eaves Lake ForestC13BR,2BA$3.26
Crestwood Apartment Homes22C2BR,2BA$3.45
Trabuco Woods Apartment Homes2 Bed 2 Bath2BR,2BA$3.16
Siena TerraceCorsica2BR,2BA$3.26
Ridgecrest ApartmentsPlan A1BR,1BA$3.27
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$3.02
Trabuco VillasPlan 1A1BR,1BA$3.67
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1.2BA$3.43
Sonterra at Foothill RanchJasmine1BR,1BA$3.54
Westridge Apartment HomesSu Casa1BR,1BA$3.34

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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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

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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Pet Friendly Lifestyle
Serrano Highlands, Lake Forest, CA

Ranked #2

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 $2,070 at Saddleback Ranch Apartments.

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 $2,845 at Westridge Apartment Homes.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.