Cheap Apartments for Rent in the Rancho Santa Margarita North Neighborhood of Mission Viejo, CA from $2,000 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rancho Santa Margarita North area of Mission Viejo.

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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 34 Via Meseta

$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 Aug 23

34 Via Meseta

Rancho Santa MargaritaCA92688

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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Showing Results 1-25, Page 1 of 1

Rancho Santa Margarita North, Mission Viejo, CA Local Guide

Cheapest Available Rancho Santa Margarita North Apartments for Rent

 

The cheapest available apartment rental in the Rancho Santa Margarita North area of Mission Viejo, CA is a 1 Bed unit found at Arroyo at Baker Ranch priced from $2,007. Westridge Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,270. Here are the most affordable Rancho Santa Margarita North apartments for rent in Mission Viejo, CA:

Apartment ListingModel NameBed/BathPriced From
Arroyo at Baker RanchBR11BR,1BA$2,007
Westridge Apartment HomesSu Casa1BR,1BA$2,270
Villa La Paz Apartment HomesPlan D1BR,1BA$2,290
55+ Community FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,356
Los Alisos at Mission ViejoStudio E1AStudio,1BA$2,374

Best Value Apartments for Rent in Rancho Santa Margarita North, CA

As of August 17, 2026 the best value apartment in the Rancho Santa Margarita North area is the $3.18 price per square foot Heather Model at Sonterra at Foothill Ranch in the in the Pacific Commerce Center neighborhood starting from $3,176. The second greatest value Rancho Santa Margarita North apartment is the Plan B2 Model at The Highlands starting at $3,315 with a $3.32 price per square foot in the Rancho Santa Margarita North neighborhood. Here is today’s list of the best values for Rancho Santa Margarita North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sonterra at Foothill RanchHeather2BR,2BA$3.18
The HighlandsPlan B22BR,2BA$3.32
Avila at Rancho Santa MargaritaB22BR,2BA$3.60
Arroyo at Baker RanchBR22BR,1BA$2.45
Crestwood Apartment Homes22C2BR,2BA$3.44
Ridgecrest ApartmentsPlan A1BR,1BA$3.50
Paloma Summit Condominium RentalsResidence 3 Luxury1BR,1BA$3.74
Siena TerraceNaples1BR,1BA$3.56
Vista Del LagoCosta Renovated1BR,1BA$3.47
Villas Aliento Apartment HomesPlan 11BR,1BA$3.75

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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Pet Friendly Lifestyle
Rancho Santa Margarita North, Mission Viejo, CA

Ranked #5

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Rancho Santa Margarita North, Mission Viejo, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Rancho Santa Margarita North Apartments

What is the Cheapest Studio apartment in Rancho Santa Margarita North?

Currently the most affordable Cheap Studio Apartment in Rancho Santa Margarita North is at Westridge Apartment Homes listed at $2,305.

How much is rent for a Cheap One Bedroom Rancho Santa Margarita North Apartment?

The lowest price for a Cheap One Bedroom Rancho Santa Margarita North Apartment is $2,007 at Arroyo at Baker Ranch.

What is the lowest price for a Cheap Two Bedroom Rancho Santa Margarita North Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rancho Santa Margarita North is starting from $2,387 at Arroyo at Baker Ranch.

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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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.