Cheap Homes for Rent in California Colony Neighborhood of Mission Viejo, CA from $500 (8 Rentals)

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

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

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 25671 Le Parc

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

25671 Le Parc, Unit #57

25671 Le Parc
Lake ForestCA92630

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.

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 $2,070. 55+ Community FountainGlen Rancho Santa Margarita has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,197. 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$2,070
55+ Community FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,197
Spring Lakes Apartment HomesPlan A1BR,1BA$2,225

Best Value Apartments for Rent in California Colony, CA

As of June 05, 2026 the best value apartment in the California Colony area is the $2.95 price per square foot Hacienda Model at Westridge Apartment Homes in the in the Mission Viejo Central neighborhood starting from $2,845. The second greatest value California Colony apartment is the MOVE IN SPECIAL: Two Weeks Off First Month's Re... Model at River Oaks Apartments starting at $2,895 with a $3.02 price per square foot in the Mission Viejo North 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.
Westridge Apartment HomesHacienda2BR,2BA$2.95
River Oaks ApartmentsMOVE IN SPECIAL: Two Weeks Off First Month's Re...2BR,2BA$3.02
Crestwood Apartment Homes22C2BR,2BA$3.45
Trabuco Woods Apartment Homes2 Bed 2 Bath2BR,2BA$3.16
Siena TerraceCorsica2BR,2BA$3.26
Cortesia at Rancho Santa MargaritaVenice1BR,1BA$3.01
Ridgecrest ApartmentsPlan A1BR,1BA$3.27
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1.2BA$3.51
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2.76
Avila at Rancho Santa MargaritaA11BR,1BA$3.54

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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Frequently Asked Questions about California Colony

What type of rentals are currently available in California Colony?

There are currently 73 Apartments for Rent in California Colony, CA with pricing that ranges from $2,091 to $6,230. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in California Colony ranging from $500 to $10,900.

What is the current price range for Rental Homes in California Colony?

Today's rental pricing for Homes for Rent, Condos and Townhomes in California Colony ranges from $500 to $10,900 with an average monthly rent of $4,555.

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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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.