Cheap Apartments for Rent in Mission Viejo, CA from $1,000 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mission Viejo.

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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Arroyo Vista
1 to 4 Bedroom Apartments

Arroyo Vista

26196 Crown Valley PkyMission Viejo, CA 92692
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Idyllwillow
Studio to 2 Bedroom Apartments

Idyllwillow

28032-28032 Marguerite PkyMission Viejo, CA 92692
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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692
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Crown Valley
1 to 2 Bedroom Apartments

Crown Valley

26891 La Alameda LnMission Viejo, CA 92691
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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

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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property at 23941 Landisview Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Total Monthly Price
$2,250

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

23941 Landisview Ave

Lake ForestCA92630

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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IMT Laguna Niguel
Rent Specials
$2,580 - $3,555
Total Monthly Price

Total Monthly Price

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$2,580 - $3,555
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Studio to 3 Bedroom Apartments Available Now

IMT Laguna Niguel

26033 Cape DrLaguna Niguel, CA 92677
Pet Friendly
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Hanover Laguna Niguel
Rent Specials
$2,604 - $6,169
Total Monthly Price

Total Monthly Price

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$2,604 - $6,169
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Varies
Studio to 2 Bedroom Apartments Available Now

Hanover Laguna Niguel

27942 Forbes RdLaguna Niguel, CA 92677
Family Friendly
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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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Groves Seniors 62+
1 to 2 Bedroom Apartments

Groves Seniors 62+

30333 Camino CapistranoSan Juan Capistrano, CA 92675
Senior Living
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Sofi Laguna Hills
1 to 2 Bedroom Apartments

Sofi Laguna Hills

24555 Los Alisos BlvdLaguna Hills, CA 92653
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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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Showing Results 1-50, Page 1 of 2

Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 07/29/2026

Current apartment rentals in the Mission Viejo, CA area range in price from $1,895 to $6,915 with an overall median price of $4,472. The three Mission Viejo neighborhoods with the lowest median rent pricing are Aliso at $1,895, Mission Viejo Central at $1,895, and Cordova South at $2,300. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Mission Viejo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Aliso$3,290$1,89560
Mission Viejo Central$3,829$1,89564
Cordova South$4,460$2,30077
Country Club Area$4,460$1,895110
Emerald Pointe$4,460$2,23567
Finisterra Green - Baja$4,460$1,895103
Highland Park$4,460$2,300100
Mission Viejo South$4,460$2,23594
Aegean Heights$4,720$1,89523
California Colony$4,880$2,18877

Cheapest Available Mission Viejo Apartments for Rent

 

The cheapest available apartment rental in Mission Viejo, CA is a Studio unit found at The Meridian at Laguna Hills - 55+ Active Adult Apartments in the Nellie Gail Ranch neighborhood priced from $1,895. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,188. Here is today’s list of the most affordable Mission Viejo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meridian at Laguna Hills - 55+ Active Adult ApartmentsVilla - StudioStudio,1BA$1,895
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,188
Cortesia at Rancho Santa MargaritaSiena1BR,1BA$2,197
Westridge Apartment HomesSu Casa1BR,1BA$2,220
Aloma ApartmentsOne Bedroom1BR,1BA$2,300
Los Alisos at Mission ViejoOne Bedroom A1B1BR,1BA$2,311
Emerald Court Apartment HomesPlan 21BR,1BA$2,325
55+ Community FountainGlen Rancho Santa MargaritaSedonaStudio,1BA$2,340
eaves Lake ForestA11BR,1BA$2,345
The Palms at Laguna NiguelSeville1BR,1BA$2,349

Best Value Apartments for Rent in Mission Viejo, CA

As of July 29, 2026 the best value apartment in the Mission Viejo area is the $3.02 price per square foot 2x2 Model at San Sebastian in the in the Nellie Gail Ranch neighborhood starting from $3,305. The second greatest value Mission Viejo apartment is the Plan B Model at Ridgecrest Apartments starting at $3,096 with a $2.95 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for Mission Viejo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
San Sebastian2x22BR,2BA$3.02
Ridgecrest ApartmentsPlan B2BR,2BA$2.95
Spring Lakes Apartment HomesPlan D2BR,2BA$3.00
Alicia VillagePlan D2BR,1BA$3.08
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.11
Timbers Apartments, El Toro1 Bedroom 1 Bath1BR,1BA$3.30
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2.92
Aloma ApartmentsOne Bedroom1BR,1BA$3.07
eaves Lake ForestA11BR,1BA$3.23
Westridge Apartment HomesSu Casa1BR,1BA$3.17

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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Mission Viejo, CA
Population: 95,202

Ranked #336

in US Census Population by City

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Best Local Schools in
Mission Viejo, CA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mission Viejo, CA Rentals by Map

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See the most popular apartments and homes in Mission Viejo, CA

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Frequently Asked Questions about Cheap Mission Viejo Apartments

What is a cheap apartment in Mission Viejo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mission Viejo is under $2,349.

What is the price of a cheap apartment in Mission Viejo?

The cheapest apartment in Mission Viejo is Saddleback Ranch Apartments which is listed at $2,188, while the average apartment in Mission Viejo costs $4,472.

What types of apartments are the cheapest in Mission Viejo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Mission Viejo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.