Cheap Apartments for Rent in the Mission Viejo South Neighborhood of Mission Viejo, CA from $1,000 (5 Rentals)

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

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Arroyo Vista
1 to 4 Bedroom Apartments

Arroyo Vista

26196 Crown Valley PkyMission Viejo, CA 92692
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Idyllwillow
Studio to 2 Bedroom Apartments

Idyllwillow

28032-28032 Marguerite PkyMission Viejo, CA 92692

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.

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Sofi Laguna Hills
1 to 2 Bedroom Apartments

Sofi Laguna Hills

24555 Los Alisos BlvdLaguna Hills, CA 92653

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

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Mission Viejo South, Mission Viejo, CA Local Guide

Cheapest Available Mission Viejo South Apartments for Rent

 

The cheapest available apartment rental in the Mission Viejo South area of Mission Viejo, CA is a 1 Bed unit found at Heritage Park Senior Apartment Homes priced from $2,160. Heritage Square Senior Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,180. Here are the most affordable Mission Viejo South apartments for rent in Mission Viejo, CA:

Apartment ListingModel NameBed/BathPriced From
Heritage Park Senior Apartment HomesPlan A1BR,1BA$2,160
Heritage Square Senior Apartment HomesPlan 21BR,1BA$2,180
Mosaic Apartment HomesPlan AStudio,1BA$2,245

Best Value Apartments for Rent in Mission Viejo South, CA

As of April 28, 2026 the best value apartment in the Mission Viejo South area is the $2.70 price per square foot Reata Plan 2B Model at Reata Oakbrook Village in the in the Nellie Gail Ranch neighborhood starting from $3,269. The second greatest value Mission Viejo South apartment is the Plan 3 Model at Laurel Terrace Apartment Homes starting at $3,250 with a $3.27 price per square foot in the Highland Park neighborhood. Here is today’s list of the best values for Mission Viejo South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reata Oakbrook VillageReata Plan 2B2BR,2BA$2.70
Laurel Terrace Apartment HomesPlan 32BR,2BA$3.27
Vista Real Apartment HomesPlan A1BR,1BA$3.52
Bellogente Garden ApartmentsTwo Bedroom2BR,1BA$3.31
Apex Laguna Niguel ApartmentsA21BR,1BA$3.35
Aloma ApartmentsOne Bedroom1BR,1BA$3.07
Las Flores Apartment HomesPlan A1BR,1BA$3.58
VilaraThe Deluxe1BR,1BA$3.70
Alicia PlazaPlan B1BR,1BA$3.23
Alicia VillagePlan B1BR,1BA$3.25

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 Mission Viejo South Apartments

What is the Cheapest Studio apartment in Mission Viejo South?

Currently the most affordable Cheap Studio Apartment in Mission Viejo South is at Mosaic Apartment Homes listed at $2,245.

How much is rent for a Cheap One Bedroom Mission Viejo South Apartment?

The lowest price for a Cheap One Bedroom Mission Viejo South Apartment is $2,160 at Heritage Park Senior Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Mission Viejo South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mission Viejo South is starting from $2,400 at Aloma Apartments.

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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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.

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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.

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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.