
Cheap Homes for Rent in Mission Viejo, CA from $1,350 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Mission Viejo.


28425 Pueblo Dr

Furnished Studio-Orange County - Lake Forest

25671 Le Parc, Unit 25671 Le Parc Lake Forest

31462 La Matanza St, Unit 31462 B

26832 Belleza Cir
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.

19801 Meadow Ridge Dr

25531 Indian Hill Ln

2191 Via Mariposa E, Unit A

17 Pearl

2233 Via Puerta, Unit N

20702 El Toro Rd
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.
Mission Viejo, CA Local Guide

How much does it cost to rent a home in Mission Viejo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mission Viejo 2 Bedroom Homes for Rent | $3,497 | $2,650 | $5,500 |
| Mission Viejo 3 Bedroom Homes for Rent | $4,398 | $3,650 | $6,500 |
| Mission Viejo 4 Bedroom Homes for Rent | $6,671 | $4,800 | $10,000+ |
| Mission Viejo 5 Bedroom Homes for Rent | $9,555 | $5,895 | $10,000+ |
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Mission Viejo, CA Local Guide
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Cheapest Neighborhoods for Apartments in Mission Viejo, CA
Pricing Updated: 09/05/2026Current apartment rentals in the Mission Viejo, CA area range in price from $2,150 to $6,945 with an overall median price of $2,999. The three Mission Viejo neighborhoods with the lowest median rent pricing are Mission Viejo Central at $2,916, Aliso at $2,919, and California Colony at $2,920. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Mission Viejo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Mission Viejo Central | $2,916 | $2,150 | 66 |
| Aliso | $2,919 | $2,150 | 58 |
| California Colony | $2,920 | $2,150 | 92 |
| Rancho Santa Margarita North | $2,953 | $2,150 | 87 |
| Evergreen Ridge | $2,959 | $2,150 | 79 |
| Mission Viejo North | $2,979 | $2,150 | 53 |
| Finisterra Green - Baja | $3,008 | $2,150 | 106 |
| Mission Viejo South | $3,011 | $2,250 | 105 |
| Aegean Heights | $3,013 | $2,150 | 68 |
| Country Club Area | $3,033 | $2,250 | 116 |
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. Arroyo at Baker Ranch in the Mission Viejo North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,007. Here is today’s list of the most affordable Mission Viejo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meridian at Laguna Hills - 55+ Active Adult Apartments | Villa - Studio | Studio,1BA | $1,950 |
| Arroyo at Baker Ranch | BR1 | 1BR,1BA | $2,007 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,150 |
| Vista Del Lago | Costa | 1BR,1BA | $2,260 |
| Westridge Apartment Homes | Navaho | Studio,1BA | $2,290 |
Best Value Apartments for Rent in Mission Viejo, CA
As of September 05, 2026 the best value apartment in the Mission Viejo area is the $2.93 price per square foot 2x2 - Den - Small Model at San Sebastian | 55+ Active Adult Apartments in the in the Nellie Gail Ranch neighborhood starting from $3,780. The second greatest value Mission Viejo apartment is the Tuscany Model at Cortesia at Rancho Santa Margarita starting at $3,029 with a $2.67 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Sebastian | 55+ Active Adult Apartments | 2x2 - Den - Small | 2BR,2BA | $2.93 |
| Cortesia at Rancho Santa Margarita | Tuscany | 2BR,2BA | $2.67 |
| Ridgecrest Apartments | Plan B | 2BR,2BA | $3.05 |
| Arroyo at Baker Ranch | BR2 | 2BR,1BA | $2.45 |
| eaves Lake Forest | A2 | 1BR,1BA | $3.22 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Down | 1BR,1BA | $3.01 |
| Timbers Apartments, El Toro | 1 Bedroom 1 Bath | 1BR,1BA | $3.23 |
| Campana Crown Valley Apartments | A2 | 1BR,1BA | $3.22 |
| Aloma Apartments | One Bedroom | 1BR,1BA | $3.07 |
| Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.25 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Mission Viejo, CAPopulation: 95,202
Ranked #336
in US Census Population by City
Best Local Schools in Mission Viejo, CA
Philip J. Reilly Elementary
Mission Viejo High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mission Viejo, CA Rentals by Map
See the most popular apartments and homes in Mission Viejo, CA
Frequently Asked Questions about Mission Viejo
What type of rentals are currently available in Mission Viejo?
There are currently 170 Apartments for Rent in Mission Viejo, CA with pricing that ranges from $2,150 to $6,945. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mission Viejo ranging from $1,350 to $19,000.
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 $1,350 to $19,000 with an average monthly rent of $4,752.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.