
Cheap Homes for Rent in the Rancho Santa Margarita North Neighborhood of Mission Viejo, CA from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Rancho Santa Margarita North area of Mission Viejo.


23321 La Crescenta

23395 La Crescenta, Unit A
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.

24151 El Tiradore Cir

58 Gavilan

20702 El Toro Rd
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

How much does it cost to rent a home in Rancho Santa Margarita North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Santa Margarita North 2 Bedroom Homes for Rent | $3,313 | $2,700 | $4,150 |
| Rancho Santa Margarita North 3 Bedroom Homes for Rent | $4,725 | $3,950 | $5,500 |
| Rancho Santa Margarita North 4 Bedroom Homes for Rent | $6,020 | $5,500 | $6,600 |
| Rancho Santa Margarita North 5 Bedroom Homes for Rent | $7,610 | $5,200 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Rancho Santa Margarita North Neighborhood of Mission Viejo, CA.
Explore Mission Viejo
Rancho Santa Margarita North, Mission Viejo, CA Local Guide
- Nearby Mission Viejo neighborhoods
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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 $2,088. Westridge Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $2,135. Here are the most affordable Rancho Santa Margarita North apartments for rent in Mission Viejo, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 55+ Community FountainGlen Rancho Santa Margarita | Sedona | Studio,1BA | $2,088 |
| Westridge Apartment Homes | Navaho | Studio,1BA | $2,135 |
| Villas Antonio Apartment Homes | Plan One | 1BR,1BA | $2,365 |
Best Value Apartments for Rent in Rancho Santa Margarita North, CA
As of July 09, 2026 the best value apartment in the Rancho Santa Margarita North area is the $2.93 price per square foot Plan B Model at Ridgecrest Apartments in the in the Mission Viejo Central neighborhood starting from $3,072. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridgecrest Apartments | Plan B | 2BR,2BA | $2.93 |
| The Highlands | Plan B2 | 2BR,2BA | $3.32 |
| Villa La Paz Apartment Homes | Plan C | 2BR,2BA | $3.26 |
| Paloma Summit Condominium Rentals | Residence 3 Luxury | 1BR,1BA | $3.85 |
| Avila at Rancho Santa Margarita | A1 | 1BR,1BA | $3.58 |
| Sonterra at Foothill Ranch | Jasmine | 1BR,1BA | $3.49 |
| Siena Terrace | Naples | 1BR,1BA | $3.45 |
| Vista Del Lago | Costa Renovated | 1BR,1BA | $3.65 |
| Villas Aliento Apartment Homes | Plan 1 | 1BR,1BA | $3.58 |
| Cortesia at Rancho Santa Margarita | Siena | 1BR,1BA | $3.85 |
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 ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleRancho Santa Margarita North, Mission Viejo, CA
Ranked #6
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Rancho Santa Margarita North, Mission Viejo, CA
Melinda Heights Elementary
Trabuco Hills High
School data provided by Great Schools
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 $2,135 to $5,740. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Santa Margarita North ranging from $1,550 to $10,000.
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 $10,000 with an average monthly rent of $4,335.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.