Cheap Apartments for Rent in Mission Viejo, CA from $1,000 (64 Rentals)

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

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Adagio on the Green
Rent Specials
$2,677 - $4,426
Total Monthly Price

Total Monthly Price

Base Rent
$2,677 - $4,426
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Adagio on the Green

26600 Oso PkyMission Viejo, CA 92691
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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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Camden Crown Valley
1 to 2 Bedroom Apartments

Camden 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

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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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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IMT Laguna Niguel
Rent Specials
$2,520 - $3,935
Total Monthly Price

Total Monthly Price

Base Rent
$2,520 - $3,935
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

IMT Laguna Niguel

26033 Cape DrLaguna Niguel, CA 92677
Affordability
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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.

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Groves Seniors 62+
1 to 2 Bedroom Apartments

Groves Seniors 62+

30333 Camino CapistranoSan Juan Capistrano, CA 92675
Senior Living
  • Utilities Included
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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
property at 23232 Orange Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

23232 Orange Ave, Unit 2

23232 Orange Ave
Lake ForestCA92630
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Alicia Plaza
1 to 2 Bedroom Apartments

Alicia Plaza

25212 Stockport StLaguna Hills, CA 92653

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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Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 06/13/2026

Current apartment rentals in the Mission Viejo, CA area range in price from $1,500 to $6,130 with an overall median price of $4,493. The three Mission Viejo neighborhoods with the lowest median rent pricing are Mission Viejo Central at $1,500, Aliso at $1,750, and Cordova South at $2,095. 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
Mission Viejo Central$3,749$1,50078
Aliso$4,025$1,75064
Cordova South$4,275$2,095105
Country Club Area$4,275$1,895147
Emerald Pointe$4,275$2,09596
Finisterra Green - Baja$4,275$1,895134
Highland Park$4,275$2,095117
Mission Viejo South$4,275$2,095118
Aegean Heights$4,352$1,89530
California Colony$5,160$1,50091

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. Mosaic Apartment Homes in the Highland Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,095. 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
Mosaic Apartment HomesPlan AStudio,1BA$2,095
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,099
55+ Community FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,197
Westridge Apartment HomesNavahoStudio,1BA$2,230
Spring Lakes Apartment HomesPlan B1BR,1BA$2,275
Aloma ApartmentsOne Bedroom1BR,1BA$2,300
Emerald Court Apartment HomesPlan 11BR,1BA$2,310
eaves Santa MargaritaA11BR,1BA$2,315
Alicia PlazaPlan B1BR,1BA$2,375

Best Value Apartments for Rent in Mission Viejo, CA

As of June 13, 2026 the best value apartment in the Mission Viejo area is the $2.92 price per square foot Lourdes Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,670. The second greatest value Mission Viejo apartment is the C1 Model at eaves Lake Forest starting at $4,025 with a $3.26 price per square foot in the Pacific Commerce Center 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.
Bellecour Way Apartment HomesLourdes2BR,2.5BA$2.92
eaves Lake ForestC13BR,2BA$3.26
San Sebastian2x22BR,2BA$3.02
Los Alisos at Mission ViejoTwo Bedroom B2C2BR,2BA$3.14
Trabuco Woods Apartment Homes2 Bed 2 Bath2BR,2BA$3.16
eaves Mission ViejoB22BR,2BA$3.05
Cortesia at Rancho Santa MargaritaVenice1BR,1BA$3.04
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$3.05
Timbers Apartments, El Toro1 Bedroom 1 Bath1BR,1BA$3.24
Aloma ApartmentsOne Bedroom1BR,1BA$3.07

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 $2,375.

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 $2,099, while the average apartment in Mission Viejo costs $4,493.

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 5 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

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.

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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.