
Cheap Homes for Rent in Serrano Highlands Neighborhood of Lake Forest, CA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Serrano Highlands area of Lake Forest.


25652 Rimgate Dr

25671 Le Parc, Unit #57

Furnished Studio-Orange County - Lake Forest
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.

26342 Forest Ridge Dr

Total Monthly Price
1000 Lupine-GO FL2-ID5631A, Unit GO FL2-ID5631A

Total Monthly Price
1000 Lupine-SI FL2-ID6067A, Unit SI FL2-ID6067A

111 Wild Rose
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.
Serrano Highlands, Lake Forest, CA Local Guide

How much does it cost to rent a home in Serrano Highlands?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Serrano Highlands 2 Bedroom Homes for Rent | $3,350 | $3,000 | $3,700 |
| Serrano Highlands 3 Bedroom Homes for Rent | $4,547 | $4,000 | $5,495 |
| Serrano Highlands 4 Bedroom Homes for Rent | $5,380 | $4,700 | $6,995 |
| Serrano Highlands 5 Bedroom Homes for Rent | $7,550 | $5,100 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 8 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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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,070 |
| Spring Lakes Apartment Homes | Plan A | 1BR,1BA | $2,225 |
| Emerald Court Apartment Homes | Plan 1 | 1BR,1BA | $2,310 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| eaves Lake Forest | C1 | 3BR,2BA | $3.26 |
| Crestwood Apartment Homes | 22C | 2BR,2BA | $3.45 |
| Trabuco Woods Apartment Homes | 2 Bed 2 Bath | 2BR,2BA | $3.16 |
| Siena Terrace | Corsica | 2BR,2BA | $3.26 |
| Ridgecrest Apartments | Plan A | 1BR,1BA | $3.27 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Down | 1BR,1BA | $3.02 |
| Trabuco Villas | Plan 1A | 1BR,1BA | $3.67 |
| SERRANO HIGHLANDS APARTMENT HOMES | Monterey | 1BR,1.2BA | $3.43 |
| Sonterra at Foothill Ranch | Jasmine | 1BR,1BA | $3.54 |
| Westridge Apartment Homes | Su Casa | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSerrano Highlands, Lake Forest, CA
Ranked #2
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Serrano Highlands, Lake Forest, CA
Serrano Intermediate
School data provided by Great Schools
Frequently Asked Questions about Serrano Highlands
What type of rentals are currently available in Serrano Highlands?
There are currently 54 Apartments for Rent in Serrano Highlands, CA with pricing that ranges from $2,070 to $6,230. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Serrano Highlands ranging from $500 to $10,000.
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 $500 to $10,000 with an average monthly rent of $4,525.
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

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.

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.

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.

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.