Cheap Apartments for Rent in the Rancho Santa Margarita North Neighborhood of Mission Viejo, CA from $2,000 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-29, 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 Studio unit found at 55+ Community FountainGlen Rancho Santa Margarita priced from $2,031. Westridge Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $2,085. Here are the most affordable Rancho Santa Margarita North apartments for rent in Mission Viejo, CA:

Apartment ListingModel NameBed/BathPriced From
55+ Community FountainGlen Rancho Santa MargaritaSedonaStudio,1BA$2,031
Westridge Apartment HomesNavahoStudio,1BA$2,085
eaves Santa MargaritaA11BR,1BA$2,135
Villa La Paz Apartment HomesPlan D1BR,1BA$2,155
Vista Del LagoCosta1BR,1BA$2,215
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,280
Siena TerraceNaples1BR,1BA$2,412
Sonterra at Foothill RanchJasmine1BR,1BA$2,427
Los Alisos at Mission ViejoOne Bedroom A1A1BR,1BA$2,460
Avila at Rancho Santa MargaritaA11BR,1BA$2,498

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

As of April 18, 2026 the best value apartment in the Rancho Santa Margarita North area is the $2.83 price per square foot Plan B Model at Ridgecrest Apartments in the in the Mission Viejo Central neighborhood starting from $2,969. The second greatest value Rancho Santa Margarita North apartment is the MOVE IN SPECIAL: Two Weeks Off First Month's Re... Model at River Oaks Apartments starting at $2,895 with a $3.02 price per square foot in the Mission Viejo 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.
Ridgecrest ApartmentsPlan B2BR,2BA$2.83
River Oaks ApartmentsMOVE IN SPECIAL: Two Weeks Off First Month's Re...2BR,2BA$3.02
Crestwood Apartment Homes21A2BR,1BA$3.52
The HighlandsPlan B12BR,2BA$3.45
Cortesia at Rancho Santa MargaritaVenice1BR,1BA$3.12
Avalon Baker RanchA51BR,1BA$3.63
Avila at Rancho Santa MargaritaA11BR,1BA$3.48
Sonterra at Foothill RanchJasmine1BR,1BA$3.51
Siena TerraceNaples1BR,1BA$3.44
Vista Del LagoCosta Renovated1BR,1BA$3.54

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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 55+ Community FountainGlen Rancho Santa Margarita listed at $2,031.

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 $2,135 at eaves Santa Margarita.

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 $2,765 at Westridge Apartment Homes.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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

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.