Cheap Homes for Rent in Serrano Highlands Neighborhood of Lake Forest, CA from $1,500 (7 Rentals)

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

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.

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.

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 2 Beds unit found at Arroyo at Baker Ranch priced from $1,778. Saddleback Ranch Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,993. Here are the most affordable Serrano Highlands apartments for rent in Lake Forest, CA:

Apartment ListingModel NameBed/BathPriced From
Arroyo at Baker RanchBR22BR,1BA$1,778
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$1,993
Spring Lakes Apartment HomesPlan A1BR,1BA$2,205

Best Value Apartments for Rent in Serrano Highlands, CA

As of June 11, 2025 the best value apartment in the Serrano Highlands area is the $3.09 price per square foot 2x25LUZ Model at Madrid in the in the Mission Viejo North neighborhood starting from $3,219. The second greatest value Serrano Highlands apartment is the Heather Model at Sonterra at Foothill Ranch starting at $3,088 with a $3.09 price per square foot in the Pacific Commerce Center 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.
Madrid2x25LUZ2BR,2.5BA$3.09
Sonterra at Foothill RanchHeather2BR,2BA$3.09
Arroyo at Baker RanchBR22BR,1BA$1.82
River Oaks ApartmentsApt 572: $500 Off Move In Special2BR,2BA$3.17
Siena TerracePortofino2BR,2BA$3.24
Crestwood Apartment Homes21A2BR,1BA$3.42
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.77
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1.2BA$3.34
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.14
Emerald Court Apartment HomesPlan 21BR,1BA$3.28

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Frequently Asked Questions about Serrano Highlands

What type of rentals are currently available in Serrano Highlands?

There are currently 60 Apartments for Rent in Serrano Highlands, CA with pricing that ranges from $1,993 to $13,300. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Serrano Highlands ranging from $1,500 to $12,000.

What is the current price range for Rental Homes in Serrano Highlands?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Serrano Highlands ranges from $1,500 to $12,000 with an average monthly rent of $5,046.

How much are larger Three and Four Bedroom Rentals in Serrano Highlands?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Serrano Highlands range from $3,900 to $5,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,950 to $5,500. Four Bedroom Single-Family rentals are also available starting from $6,500 and Four Bedroom Apartments start at $5,000.

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.

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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.

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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.

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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.

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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.