2 Bedroom Apartments for Rent in Rancho Santa Margarita, CA (65 Rentals)

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property at 50 Abrigo

$3,225

Total Monthly Price

Total Monthly Price

Base Rent
$3,225
Total Monthly Price
$3,225

2 Bedroom, 2 Bath Condo for Rent

Available Now

50 Abrigo, Unit 50 Abrigo

50 Abrigo
Rancho Santa MargaritaCA92688

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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

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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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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property at 28346 Pueblo Dr

$2,950

Total Monthly Price

Total Monthly Price

Base Rent
$2,950
Total Monthly Price
$2,950

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 1

28346 Pueblo Dr

Trabuco CanyonCA92679
property at 22656 Formentor

$5,000

Total Monthly Price

Total Monthly Price

Base Rent
$5,000
Total Monthly Price
$5,000

2 Bedroom, 2 Bath Condo for Rent

Available Now

22656 Formentor, Unit 22656 Formentor 47

22656 Formentor
Mission ViejoCA92692

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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property at 21432 Bastia

$4,795

Total Monthly Price

Total Monthly Price

Base Rent
$4,795
Total Monthly Price
$4,795

2 Bedroom, 2 Bath Home for Rent

Available Now

21432 Bastia

Mission ViejoCA92692

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Rancho Santa Margarita, CA Local Guide

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

Availability Confirmed As of: June 16, 2026

There are currently 76 available 2 Bedroom apartment units in Rancho Santa Margarita, CA neighborhoods that range in price from $2,781 to $5,884. Heres is today's list of the top neighborhoods in Rancho Santa Margarita with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Tijeras Creek Golf Club26$3,352$2,850
Las Flores17$3,587$2,850
Samlarc17$3,195$2,781
Rancho Santa Margarita Central16$3,192$2,781

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 1,256 square feet priced from $3,670. Madrid has the second largest 2 Bedroom, which is sized at 1,248 square feet and currently listed start at $3,599. Here is today’s list of the largest available 2 Bedroom units in Rancho Santa Margarita:

Apartment ListingModel NameSquare FootagePriced From
Bellecour Way Apartment HomesLourdes1,256 Sq Ft$3,670
Madrid2x2DOR1,248 Sq Ft$3,599
Avalon Baker RanchB51,203 Sq Ft$3,835
Laurel Canyon Apartment HomesPlan 41,170 Sq Ft$3,650
Cortesia at Rancho Santa MargaritaTuscany1,135 Sq Ft$3,117
Las Flores Apartment HomesPlan F1,131 Sq Ft$3,205
Ridgecrest ApartmentsPlan C1,105 Sq Ft$3,159
Saddleback Ranch Apartments2 Bed 2 Bath Up1,100 Sq Ft$2,710
Avila at Rancho Santa MargaritaB31,100 Sq Ft$3,352
55+ Remington at Ladera RanchPlan 61,039 Sq Ft$3,329

Cheapest Available Rancho Santa Margarita 2 Bedroom Apartments

As of June 16, 2026 the lowest priced 2 Bedroom apartment unit in Rancho Santa Margarita, CA is the B1 Model starting from $2,510 at eaves Mission Viejo in the Nellie Gail Ranch neighborhood. The second most affordable Rancho Santa Margarita 2 Bedroom is the Majorca Model at 55+ Community FountainGlen Rancho Santa Margarita starting at $2,613 in the Rancho Santa Margarita North neighborhood. The average price for all 2 Bedroom apartments in Rancho Santa Margarita is currently $3,248. Here is today’s list of the cheapest available 2 Bedroom options in Rancho Santa Margarita:

Apartment ListingModel NamePriced From
eaves Mission ViejoB1$2,510
55+ Community FountainGlen Rancho Santa MargaritaMajorca$2,613
Heritage Square Senior Apartment HomesPlan 3$2,675
Saddleback Ranch Apartments2 Bed 2 Bath Up$2,710
Westridge Apartment HomesHacienda$2,815
Mosaic Apartment HomesPlan D$2,850
Villas Antonio Apartment HomesPlan Five$2,880
Siena TerraceCorsica$2,882
Emerald Court Apartment HomesPlan 3$2,890
River Oaks ApartmentsMOVE IN SPECIAL: Two Weeks Off First Month's Re...$2,895

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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Remember the 3 Rules of Real Estate:
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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 eaves Mission Viejo listed at $2,510.

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 $3,248.

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 1,256 square feet unit starting from $3,670 at Bellecour Way 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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.