Cheap Homes for Rent in Rancho Santa Margarita North Neighborhood of Mission Viejo, CA from $1,500 (7 Rentals)

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

property at 96 Flor De Sol

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125

Total Monthly Price
$2,125

Studio, 1 Bath Condo for Rent

Available Jun 1

96 Flor De Sol, Unit NA, Unit NA

96 Flor De Sol
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.

property at 23266 La Mar

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

23266 La Mar

Mission ViejoCA92691

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.

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 Villas Aliento Apartment Homes priced from $2,055. Westridge Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $2,080. Here are the most affordable Rancho Santa Margarita North apartments for rent in Mission Viejo, CA:

Apartment ListingModel NameBed/BathPriced From
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,055
Westridge Apartment HomesNavahoStudio,1BA$2,080
Villa La Paz Apartment HomesPlan D1BR,1BA$2,155

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

As of May 25, 2026 the best value apartment in the Rancho Santa Margarita North area is the $3.02 price per square foot MOVE IN SPECIAL: One Week Off First Month's Ren... Model at River Oaks Apartments in the in the Mission Viejo North neighborhood starting from $2,895. The second greatest value Rancho Santa Margarita North apartment is the 22C Model at Crestwood Apartment Homes starting at $3,205 with a $3.45 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.
River Oaks ApartmentsMOVE IN SPECIAL: One Week Off First Month's Ren...2BR,2BA$3.02
Crestwood Apartment Homes22C2BR,2BA$3.45
Siena TerraceCorsica2BR,2BA$3.26
The HighlandsPlan B12BR,2BA$3.46
Ridgecrest ApartmentsPlan A1BR,1BA$3.19
Paloma Summit Condominium RentalsResidence 3 Luxury1BR,1BA$3.70
Bellecour Way Apartment HomesSavio1BR,1BA$3.32
Avila at Rancho Santa MargaritaA11BR,1BA$3.69
Sonterra at Foothill RanchJasmine1BR,1BA$3.65
Vista Del LagoCosta1BR,1BA$3.65

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

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Rancho Santa Margarita North

What type of rentals are currently available in Rancho Santa Margarita North?

There are currently 45 Apartments for Rent in Rancho Santa Margarita North, CA with pricing that ranges from $1,700 to $5,190. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Santa Margarita North ranging from $1,550 to $5,500.

What is the current price range for Rental Homes in Rancho Santa Margarita North?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Santa Margarita North ranges from $1,550 to $5,500 with an average monthly rent of $3,547.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

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.