Cheap Apartments for Rent in Mission Viejo, CA from $1,000 (13 Rentals)

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

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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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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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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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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630
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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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Alicia Village
1 to 2 Bedroom Apartments

Alicia Village

25211 Stockport StLaguna Hills, CA 92653

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.

Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 10/31/2025

Current apartment rentals in the Mission Viejo, CA area range in price from $2,020 to $5,760 with an overall median price of $3,968. The three Mission Viejo neighborhoods with the lowest median rent pricing are Mission Viejo Central at $2,020, Finisterra Green - Baja at $2,020, and Highland Park at $2,235. 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$3,800$2,02090
Finisterra Green - Baja$3,952$2,020164
Highland Park$3,952$2,235140
Cordova South$3,970$2,235114
Country Club Area$3,970$2,100151
Emerald Pointe$3,970$2,235109
Mission Viejo South$3,970$2,235132
Aegean Heights$3,975$2,02044
Aliso$3,999$2,02087
California Colony$3,999$2,020105

Cheapest Available Mission Viejo Apartments for Rent

 

The cheapest available apartment rental in Mission Viejo, CA is a Studio unit found at 55+ FountainGlen Rancho Santa Margarita in the Rancho Santa Margarita North neighborhood priced from $1,984. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,020. Here is today’s list of the most affordable Mission Viejo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
55+ FountainGlen Rancho Santa MargaritaSedonaStudio,$1,984
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2,020
The Meridian at Laguna Hills - 55+ Senior ApartmentsVilla - StudioStudio,1BA$2,100
Emerald Court Apartment HomesPlan 11BR,1BA$2,145
Alicia VillagePlan A1BR,1BA$2,160

Best Value Apartments for Rent in Mission Viejo, CA

As of October 31, 2025 the best value apartment in the Mission Viejo area is the $2.87 price per square foot Lyon Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,740. The second greatest value Mission Viejo apartment is the C1 Model at eaves Lake Forest starting at $3,878 with a $3.14 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 HomesLyon2BR,2.5BA$2.87
eaves Lake ForestC13BR,2BA$3.14
Saddleback Ranch Apartments2 Bed 2 Bath Down2BR,2BA$2.97
Trabuco Villas2 Bed 2 Bath (1st floor)2BR,2BA$3.14
Laguna SerranoPlan D - AVAILABLE. Upstairs unit.2BR,2BA$3.04
Westridge Apartment HomesHacienda2BR,2BA$3.13
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Timbers Apartments, El Toro1 Bedroom 1 Bath1BR,1BA$3.16
River Oaks ApartmentsMOVE IN SPECIAL: FIRST 2 WEEKS FREE! Spacious 1...1BR,1BA$3.15
Alicia PlazaPlan B1BR,1BA$3.16

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Explore Mission Viejo, CA Rentals by Map

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Getting Around Mission Viejo, CA

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 55+ FountainGlen Rancho Santa Margarita listed at $1,984.

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

The lowest price for a Cheap One Bedroom Mission Viejo Apartment is $2,020 at Saddleback Ranch Apartments.

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 $2,525 at Heritage Park Senior Apartment Homes.

What is the most affordable Mission Viejo Three Bedroom Apartment?

The best deal on a cheap Mission Viejo Three Bedroom Apartment rental is at Cortesia at Rancho Santa Margarita and starts from $3,569.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.