Cheap Apartments for Rent in the California Colony Neighborhood of Mission Viejo, CA from $2,000 (30 Rentals)

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

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.

property at 23232 Orange Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

23232 Orange Ave, Unit 2, Unit 2

23232 Orange Ave
Lake ForestCA92630

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

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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.

property at 23232 Orange Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

23232 Orange Ave, Unit 2, Unit 2

23232 Orange Ave
Lake ForestCA92630
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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630
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Trabuco Villas
1 to 2 Bedroom Apartments

Trabuco Villas

25381 Mosswood WayLake Forest, CA 92630

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Saddleback Ranch Apartments priced from $2,013. 55+ Community FountainGlen Rancho Santa Margarita has the second lowest priced unit, which is a Studio apartment currently listed from $2,142. Here are the most affordable California Colony apartments for rent in Mission Viejo, CA:

Apartment ListingModel NameBed/BathPriced From
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,013
55+ Community FountainGlen Rancho Santa MargaritaSedonaStudio,1BA$2,142
Emerald Court Apartment HomesPlan 21BR,1BA$2,205
Westridge Apartment HomesSu Casa1BR,1BA$2,250
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,276
Spring Lakes Apartment HomesPlan B1BR,1BA$2,285
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,340
Siena TerraceNaples1BR,1BA$2,347
Cortesia at Rancho Santa MargaritaSiena1BR,1BA$2,397
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$2,425

Best Value Apartments for Rent in California Colony, CA

As of April 27, 2026 the best value apartment in the California Colony area is the $3.02 price per square foot MOVE IN SPECIAL: Two Weeks Off First Month's Re... Model at River Oaks Apartments in the in the Mission Viejo North neighborhood starting from $2,895. The second greatest value California Colony apartment is the Plan B1 Model at The Arbors starting at $2,995 with a $3.14 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.
River Oaks ApartmentsMOVE IN SPECIAL: Two Weeks Off First Month's Re...2BR,2BA$3.02
The ArborsPlan B12BR,2BA$3.14
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.11
Ridgecrest ApartmentsPlan A1BR,1BA$3.21
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.74
Trabuco VillasPlan 1A1BR,1BA$3.26
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.25
Avila at Rancho Santa MargaritaA11BR,1BA$3.50
Sonterra at Foothill RanchJasmine1BR,1BA$3.51
Siena TerraceNaples1BR,1BA$3.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap California Colony Apartments

What is the Cheapest Studio apartment in California Colony?

Currently the most affordable Cheap Studio Apartment in California Colony is at 55+ Community FountainGlen Rancho Santa Margarita listed at $2,142.

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

The lowest price for a Cheap One Bedroom California Colony Apartment is $2,013 at Saddleback Ranch Apartments.

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 $2,699 at Siena Terrace.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.