Cheap Homes for Rent near Rancho Mission Viejo, CA from $2,400 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Rancho Mission Viejo.

property at 9 Pegasus Dr

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

1 Bedroom, 1 Bath Home for Rent

Available Now

9 Pegasus Dr

Coto De CazaCA92679

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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Rancho Mission Viejo, CA Local Guide

Cheapest Available Rancho Mission Viejo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rancho Mission Viejo, CA is a 1 Bed unit found at The Palms at Laguna Niguel in the Highland Park neighborhood priced from $2,357. Mosaic Apartment Homes in the Highland Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,455. Here is today’s list of the most affordable Rancho Mission Viejo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Palms at Laguna NiguelSeville1BR,1BA$2,357
Mosaic Apartment HomesPlan B1BR,1BA$2,455
Laurel Terrace Apartment HomesPlan 11BR,1BA$2,485

Best Value Apartments for Rent in Rancho Mission Viejo, CA and Nearby

As of August 17, 2026 the best value apartment in the Rancho Mission Viejo area is the $3.59 price per square foot PLAN B1 TOWNHOME Model at The Overlook at Los Patrones in the in the Skye Isle neighborhood starting from $3,980. The second greatest value Rancho Mission Viejo apartment is the B4 Model at Adagio on the Green starting at $4,107 with a $3.80 price per square foot in the Highland Park neighborhood. Here is today’s list of the best values for Rancho Mission Viejo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Overlook at Los PatronesPLAN B1 TOWNHOME2BR,2BA$3.59
Adagio on the GreenB42BR,2BA$3.80
The Vista at Laguna2 Bed 2 Bath Plan A + XL Patio2BR,2BA$3.28
Las Flores Apartment HomesPlan B1BR,1BA$3.25
Sendero Gateway Apartment HomesSage1BR,1BA$3.55
Vista Real Apartment HomesPlan A1BR,1BA$3.40
Esencia Sur Apartment HomesPlan 1B1BR,1BA$3.54
Hidden Hills Condominium RentalsResidence 1 Luxury1BR,1BA$3.73
Laurel Canyon Apartment HomesPlan 11BR,1BA$3.78
Mosaic Apartment HomesPlan B1BR,1BA$3.51

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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Frequently Asked Questions about Rancho Mission Viejo

What type of rentals are currently available in Rancho Mission Viejo?

There are currently 58 Apartments for Rent in Rancho Mission Viejo, CA with pricing that ranges from $1,570 to $9,000. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Mission Viejo ranging from $2,495 to $70,000.

What is the current price range for Rental Homes in Rancho Mission Viejo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Mission Viejo ranges from $2,495 to $70,000 with an average monthly rent of $6,127.

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.

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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.

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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.