Cheap Apartments for Rent in Mission Viejo, CA from $2,150 (64 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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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692
property at 23941 Landisview Ave
$1,125

Total Monthly Price

Base Rent$1,125
Total Monthly Price$1,125
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

23941 Landisview Ave

Lake ForestCA92630
property at 23232 Orange Ave
$2,290

Total Monthly Price

Base Rent$2,290
Total Monthly Price$2,290
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

23232 Orange Ave, Unit 2

23232 Orange Ave
Lake ForestCA92630
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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 25671 Le Parc
$2,395

Total Monthly Price

Base Rent$2,395
Total Monthly Price$2,395
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

25671 Le Parc, Unit 25671 Le Parc Lake Forest

25671 Le Parc
Lake ForestCA92630
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property at 23236 Orange Ave
$2,495

Total Monthly Price

Base Rent$2,495
Total Monthly Price$2,495
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

23236 Orange Ave, Unit 4

23236 Orange Ave
Lake ForestCA92630
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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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Hanover Laguna Niguel
Rent Specials
$2,590 - $5,610

Total Monthly Price

Base Rent$2,590 - $5,610
Total Monthly Price$2,590 - $5,610
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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Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 09/12/2026

Current apartment rentals in the Mission Viejo, CA area range in price from $1,125 to $10,000 with an overall median price of $3,404. The three Mission Viejo neighborhoods with the lowest median rent pricing are Aliso at $3,000, Rancho Santa Margarita North at $3,150, and Mission Viejo North at $3,250. 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$3,000$2,4507
Rancho Santa Margarita North$3,150$1,35026
Mission Viejo North$3,250$1,12527
California Colony$3,300$1,35029
Evergreen Ridge$3,300$1,35028
Mission Viejo Central$3,300$1,12524
Mission Viejo South$3,350$2,5003
Country Club Area$3,575$1,12528
Finisterra Green - Baja$3,575$1,12528
Cordova South$4,195$2,5003

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 $1,950. Arroyo at Baker Ranch in the Mission Viejo North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,007. 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$1,950
Arroyo at Baker RanchBR11BR,1BA$2,007
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,150
55+ Community FountainGlen Rancho Santa MargaritaSedonaStudio,1BA$2,198
Emerald Court Apartment HomesPlan 11BR,1BA$2,275
Westridge Apartment HomesNavahoStudio,1BA$2,290
Aloma ApartmentsOne Bedroom1BR,1BA$2,300
Alicia VillagePlan B1BR,1BA$2,305
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,340
SYCAMORE LANE APARTMENT HOMESAgave1BR,1BA$2,370

Best Value Apartments for Rent in Mission Viejo, CA

As of September 12, 2026 the best value apartment in the Mission Viejo area is the $2.67 price per square foot Milan Model at Cortesia at Rancho Santa Margarita in the in the Mission Viejo Central neighborhood starting from $3,709. The second greatest value Mission Viejo apartment is the 2x2 - Den - Small Model at San Sebastian | 55+ Active Adult Apartments starting at $3,530 with a $2.74 price per square foot in the Nellie Gail Ranch 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.
Cortesia at Rancho Santa MargaritaMilan3BR,2BA$2.67
San Sebastian | 55+ Active Adult Apartments2x2 - Den - Small2BR,2BA$2.74
Ridgecrest ApartmentsPlan B2BR,2BA$3.05
Bellogente Garden ApartmentsThree Bedroom3BR,1BA$3.11
Arroyo at Baker RanchBR22BR,1BA$2.45
Mosaic Apartment HomesPlan C2BR,2BA$3.09
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$3.01
Timbers Apartments, El Toro1 Bedroom 1 Bath1BR,1BA$3.23
Aloma ApartmentsOne Bedroom1BR,1BA$3.07
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.25

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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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 the Cheapest Studio apartment in Mission Viejo?

Currently the most affordable Cheap Studio Apartment in Mission Viejo is at The Meridian at Laguna Hills - 55+ Active Adult Apartments listed at $1,950.

How much is rent for a Cheap One Bedroom Mission Viejo Apartment?

The lowest price for a Cheap One Bedroom Mission Viejo Apartment is $2,007 at Arroyo at Baker Ranch.

What is the lowest price for a Cheap Two Bedroom Mission Viejo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mission Viejo is starting from $2,387 at Arroyo at Baker Ranch.

What is the most affordable Mission Viejo Three Bedroom Apartment?

The best deal on a cheap Mission Viejo Three Bedroom Apartment rental is at Arroyo at Baker Ranch and starts from $2,260.

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.

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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.