Cheap Homes for Rent in Mission Viejo, CA from $1,300 (23 Rentals)

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

property at 23195 Mesto

$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

23195 Mesto

Mission ViejoCA92692

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.

property at 20702 El Toro Rd

$2,395 - $2,895

1 To 2 Bedroom Rentals

Available Now

20702 El Toro Rd

Lake ForestCA92630

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.

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.

Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 01/21/2026

Current apartment rentals in the Mission Viejo, CA area range in price from $1,950 to $5,409 with an overall median price of $4,024. The three Mission Viejo neighborhoods with the lowest median rent pricing are Mission Viejo Central at $1,950, Cordova South at $2,235, and Country Club Area at $1,950. 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$3,170$1,950102
Cordova South$3,865$2,235120
Country Club Area$3,865$1,950161
Emerald Pointe$3,865$2,232109
Finisterra Green - Baja$3,865$1,950167
Highland Park$3,865$2,235146
Mission Viejo South$3,865$2,232138
Aliso$3,974$1,95090
Aegean Heights$4,045$1,95050
California Colony$4,330$1,999110

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 $1,950. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,999. 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$1,950
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$1,999
55+ FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,164
eaves Lake ForestA11BR,1BA$2,175
Westridge Apartment HomesNavahoStudio,1BA$2,215

Best Value Apartments for Rent in Mission Viejo, CA

As of January 21, 2026 the best value apartment in the Mission Viejo area is the $3.03 price per square foot Seine Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $4,220. The second greatest value Mission Viejo apartment is the 2 Bed 2 Bathroom Model at Cedar Glen starting at $3,500 with a $2.94 price per square foot in the Mission Viejo Central 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 HomesSeine3BR,2.5BA$3.03
Cedar Glen2 Bed 2 Bathroom2BR,1BA$2.94
Trabuco VillasPlan 2A2BR,2BA$3.15
Ridgecrest ApartmentsPlan B2BR,2BA$2.82
Timbers Apartments, El Toro2 Bedroom 1 Bath Fireplace2BR,1BA$2.94
Vista Real Apartment HomesPlan B1BR,1BA$3.13
Apex Laguna Niguel ApartmentsA41BR,1BA$3.09
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.71
Bellogente Garden ApartmentsTwo Bedroom2BR,1BA$3.10

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

Explore Mission Viejo, CA Rentals by Map

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Frequently Asked Questions about Mission Viejo

What type of rentals are currently available in Mission Viejo?

There are currently 167 Apartments for Rent in Mission Viejo, CA with pricing that ranges from $1,950 to $5,409. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mission Viejo ranging from $1,300 to $10,000.

What is the current price range for Rental Homes in Mission Viejo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mission Viejo ranges from $1,300 to $10,000 with an average monthly rent of $4,592.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.