2 Bedroom Apartments for Rent in Rancho Santa Margarita, CA (50 Rentals)

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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.

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property at 34 Dianthus

$2,975

2 Bedroom Rentals

Available Jan 31

34 Dianthus

Rancho Santa MargaritaCA92688
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31 Calle Katrina
2 Bedroom Apartments

31 Calle Katrina

31 Calle KatrinaRancho Santa Margarita, CA 92688
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Belflora
2 Bedroom Apartments

Belflora

19 De LilaRancho Santa Margarita, CA 92688

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Saddleback Place
2 Bedroom Apartments

Saddleback Place

272 California CtMission Viejo, CA 92692
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30522 Hunky Dory Ln
2 Bedroom Apartments

30522 Hunky Dory Ln

30522 Hunky Dory LnTrabuco Canyon, CA 92679

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Madrid
2 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692
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eaves Mission Viejo
2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692
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Rancho Santa Margarita, CA Local Guide

Rancho Santa Margarita 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: January 09, 2026

There are currently 190 available 2 Bedroom apartment units in Rancho Santa Margarita, CA neighborhoods that range in price from $2,385 to $4,749. Heres is today's list of the top neighborhoods in Rancho Santa Margarita with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Samlarc55$3,094$2,590
Las Flores47$3,345$2,385
Rancho Santa Margarita Central47$3,054$2,590
Tijeras Creek Golf Club41$3,150$2,385

Largest Available Rancho Santa Margarita 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Rancho Santa Margarita, CA is found at Bellecour Way Apartment Homes in the Mission Viejo North neighborhood and is 1,304 square feet priced from $3,520. Vista Del Lago in the Mission Viejo Central neighborhood has the second largest 2 Bedroom, which is sized at 1,150 square feet and currently listed start at $3,389. Here is today’s list of the largest available 2 Bedroom units in Rancho Santa Margarita:

Apartment ListingModel NameSquare FootagePriced From
Bellecour Way Apartment HomesLyon1,304 Sq Ft$3,520
Vista Del LagoVerde Townhome1,150 Sq Ft$3,389
Madrid2x25NEV1,147 Sq Ft$3,544
Cortesia at Rancho Santa MargaritaTuscany1,135 Sq Ft$2,837
Avalon Baker RanchB31,133 Sq Ft$3,630
Las Flores Apartment HomesPlan F1,131 Sq Ft$3,125
Sonterra at Foothill RanchLily1,125 Sq Ft$3,145
Saddleback Ranch Apartments2 Bed 2 Bath Down1,124 Sq Ft$3,182
Ridgecrest ApartmentsPlan C1,105 Sq Ft$3,110
Avila at Rancho Santa MargaritaB31,100 Sq Ft$2,879

Cheapest Available Rancho Santa Margarita 2 Bedroom Apartments

As of January 09, 2026 the lowest priced 2 Bedroom apartment unit in Rancho Santa Margarita, CA is the Plan 3 Model starting from $2,480 at Heritage Square Senior Apartment Homes in the Highland Park neighborhood. The second most affordable Rancho Santa Margarita 2 Bedroom is the Plan C Model at Heritage Park Senior Apartment Homes starting at $2,535 . The average price for all 2 Bedroom apartments in Rancho Santa Margarita is currently $3,157. Here is today’s list of the cheapest available 2 Bedroom options in Rancho Santa Margarita:

Apartment ListingModel NamePriced From
Heritage Square Senior Apartment HomesPlan 3$2,480
Heritage Park Senior Apartment HomesPlan C$2,535
Villa La Paz Apartment HomesPlan B$2,590
Saddleback Ranch Apartments2 Bed 2 Bath Up$2,686
Villas Aliento Apartment HomesPlan 2$2,710
Siena TerracePortofino$2,802
SERRANO HIGHLANDS APARTMENT HOMESMontecito$2,825
Vista Del LagoLoma$2,830
Cortesia at Rancho Santa MargaritaTuscany$2,837
eaves Santa MargaritaB1G$2,840

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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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.

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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.

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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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Best Local Schools in
Rancho Santa Margarita, CA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rancho Santa Margarita, CA Rentals by Map

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See the most popular apartments and homes in Rancho Santa Margarita, CA

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Frequently Asked Questions about 2 Bedroom Rancho Santa Margarita Apartments

What is the Cheapest apartment in Rancho Santa Margarita with 2 Bedroom?

Currently the most affordable 2 Bedroom in Rancho Santa Margarita is at Heritage Square Senior Apartment Homes listed at $2,480.

How much is the average rent for a 2 Bedroom Rancho Santa Margarita Apartment?

The average rent for a 2 Bedroom Apartment in Rancho Santa Margarita is $3,157.

What is the largest available 2 Bedroom Rancho Santa Margarita Apartment for rent?

Today's apartment with the most square footage in Rancho Santa Margarita is a 1,304 square feet unit starting from $3,520 at Bellecour Way Apartment Homes.

What is the average size for Rancho Santa Margarita 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Rancho Santa Margarita is currently 1,147 sq ft.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!