Cheap Apartments for Rent in the California Colony Neighborhood of Mission Viejo, CA from $2,000 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the California Colony area of Mission Viejo.

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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

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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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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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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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630

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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California Colony, Mission Viejo, CA Local Guide

Cheapest Available California Colony Apartments for Rent

 

The cheapest available apartment rental in the California Colony area of Mission Viejo, CA is a 1 Bed unit found at Arroyo at Baker Ranch priced from $2,007. Spring Lakes Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,180. Here are the most affordable California Colony apartments for rent in Mission Viejo, CA:

Apartment ListingModel NameBed/BathPriced From
Arroyo at Baker RanchBR11BR,1BA$2,007
Spring Lakes Apartment HomesPlan A1BR,1BA$2,180
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,200
Westridge Apartment HomesNavahoStudio,1BA$2,255
Emerald Court Apartment HomesPlan 21BR,1BA$2,330
55+ Community FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,356
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,370
SYCAMORE LANE APARTMENT HOMESAgave1BR,1BA$2,391
Vista Del LagoCosta Renovated1BR,1BA$2,402
eaves Santa MargaritaA11BR,1BA$2,410

Best Value Apartments for Rent in California Colony, CA

As of August 20, 2026 the best value apartment in the California Colony area is the $2.69 price per square foot Tuscany Model at Cortesia at Rancho Santa Margarita in the in the Mission Viejo Central neighborhood starting from $3,049. The second greatest value California Colony apartment is the Plan B Model at Ridgecrest Apartments starting at $3,092 with a $2.94 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for California Colony apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cortesia at Rancho Santa MargaritaTuscany2BR,2BA$2.69
Ridgecrest ApartmentsPlan B2BR,2BA$2.94
Sonterra at Foothill RanchHeather2BR,2BA$3.18
Arroyo at Baker RanchBR22BR,1BA$2.45
Crestwood Apartment Homes22C2BR,2BA$3.44
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.98
Trabuco VillasPlan 1A1BR,1BA$3.55
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.29
SYCAMORE LANE APARTMENT HOMESAgave1BR,1BA$3.32
Vista Del LagoCosta Renovated1BR,1BA$3.47

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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Best Local Schools in
California Colony, Mission Viejo, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap California Colony Apartments

How much is rent for a Cheap One Bedroom California Colony Apartment?

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

What is the lowest price for a Cheap Two Bedroom California Colony Apartment for rent?

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

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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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.

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.