Cheap Homes for Rent in Mission Viejo, CA from $1,300 (10 Rentals)

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

property at 23195 Mesto

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

23195 Mesto

Mission ViejoCA92692
property at 23232 Orange Ave

$2,190

Total Monthly Price

Total Monthly Price

Base Rent
$2,190

Total Monthly Price
$2,190

1 Bedroom, 1 Bath Condo for Rent

Available Now

23232 Orange Ave, Unit 2, Unit 2

23232 Orange Ave
Lake ForestCA92630
property at 23232 Orange Ave

$2,190

Total Monthly Price

Total Monthly Price

Base Rent
$2,190

Total Monthly Price
$2,190

1 Bedroom, 1 Bath Condo for Rent

Available Now

23232 Orange Ave, Unit 2, 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 27533 Pasatiempo

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Condo for Rent

Available Now

27533 Pasatiempo

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.

Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 04/22/2026

Current apartment rentals in the Mission Viejo, CA area range in price from $1,300 to $10,000 with an overall median price of $5,778. The three Mission Viejo neighborhoods with the lowest median rent pricing are Aliso at $2,000, Mission Viejo Central at $1,300, and Mission Viejo North at $1,300. 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
Aliso$2,972$2,0006
Mission Viejo Central$5,300$1,30024
Mission Viejo North$5,300$1,30021
Aegean Heights$5,362$1,30011
California Colony$5,475$1,30020
Rancho Santa Margarita North$5,475$1,30018
Evergreen Ridge$5,687$1,30019
Cordova South$5,875$4,3003
Emerald Pointe$5,875$4,0004
Highland Park$6,300$3,50012

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 $2,012. 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$2,012
55+ Community FountainGlen Rancho Santa MargaritaSedonaStudio,1BA$2,062

Best Value Apartments for Rent in Mission Viejo, CA

As of April 22, 2026 the best value apartment in the Mission Viejo area is the $3.02 price per square foot 2x2 Model at San Sebastian in the in the Nellie Gail Ranch neighborhood starting from $3,305. The second greatest value Mission Viejo apartment is the 2 Bedroom 2 Bath Model at Timbers Apartments, El Toro starting at $3,055 with a $2.98 price per square foot in the Acacia Knolls 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.
San Sebastian2x22BR,2BA$3.02
Timbers Apartments, El Toro2 Bedroom 2 Bath2BR,2BA$2.98
River Oaks ApartmentsMOVE IN SPECIAL: Two Weeks Off First Month's Re...2BR,2BA$3.02
Cortesia at Rancho Santa MargaritaVenice1BR,1BA$3.12
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.11
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.77
Aloma ApartmentsOne Bedroom1BR,1BA$3.07
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.24
Alicia VillagePlan B1BR,1BA$3.25
Alicia PlazaPlan B1BR,1BA$3.14

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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Mission Viejo, CA
Population: 95,202

Ranked #336

in US Census Population by City

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

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Frequently Asked Questions about Mission Viejo

What type of rentals are currently available in Mission Viejo?

There are currently 168 Apartments for Rent in Mission Viejo, CA with pricing that ranges from $1,950 to $6,225. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mission Viejo ranging from $1,300 to $15,495.

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 $15,495 with an average monthly rent of $4,433.

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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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.