3 Bedroom Apartments for Rent in Rancho Santa Margarita, CA (27 Rentals)

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property at 134 Encantado Canyon

$4,100

3 Bedroom, 3 Bath Condo for Rent

Available Now

134 Encantado Canyon

Rancho Santa MargaritaCA92688
property at 11 Wild Horse Loop

$5,500

3 Bedroom, 3 Bath Townhome for Rent

Available Now

11 Wild Horse Loop

Rancho Santa MargaritaCA92688
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Belflora
3 Bedroom Apartments

Belflora

19 De LilaRancho Santa Margarita, CA 92688
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35 Calle del Norte
3 Bedroom Apartments

35 Calle del Norte

35 Calle del NorteRancho 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.

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.

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
3 Bedroom Apartments

Saddleback Place

272 California CtMission Viejo, CA 92692

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
3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

Rancho Santa Margarita, CA Local Guide

Rancho Santa Margarita 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: January 04, 2026

There are currently 8 available 3 Bedroom apartment units in Rancho Santa Margarita, CA neighborhoods that range in price from $3,664 to $5,260. Heres is today's list of the top neighborhoods in Rancho Santa Margarita with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Las Flores3$3,855$3,710
Tijeras Creek Golf Club3$4,062$3,815
Rancho Santa Margarita Central1$4,230$3,664
Samlarc1$4,230$3,664

Largest Available Rancho Santa Margarita 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Rancho Santa Margarita, CA is found at Avalon Baker Ranch in the Mission Viejo North neighborhood and is 1,726 square feet priced from $4,895. Villas Antonio Apartment Homes in the Rancho Santa Margarita North neighborhood has the second largest 3 Bedroom, which is sized at 1,542 square feet and currently listed start at $4,230. Here is today’s list of the largest available 3 Bedroom units in Rancho Santa Margarita:

Apartment ListingModel NameSquare FootagePriced From
Avalon Baker RanchC2TH1,726 Sq Ft$4,895
Villas Antonio Apartment HomesPlan Nine1,542 Sq Ft$4,230
Bellecour Way Apartment HomesSeine1,395 Sq Ft$4,270
Madrid3x2KAR1,295 Sq Ft$4,050

Cheapest Available Rancho Santa Margarita 3 Bedroom Apartments

As of January 04, 2026 the lowest priced 3 Bedroom apartment unit in Rancho Santa Margarita, CA is the 3x2KAR Model starting from $4,050 at Madrid in the Mission Viejo North neighborhood. The second most affordable Rancho Santa Margarita 3 Bedroom is the Plan Nine Model at Villas Antonio Apartment Homes starting at $4,230 in the Rancho Santa Margarita North neighborhood. The average price for all 3 Bedroom apartments in Rancho Santa Margarita is currently $4,215. Here is today’s list of the cheapest available 3 Bedroom options in Rancho Santa Margarita:

Apartment ListingModel NamePriced From
Madrid3x2KAR$4,050
Villas Antonio Apartment HomesPlan Nine$4,230
Bellecour Way Apartment HomesSeine$4,270
Avalon Baker RanchC1TH$4,490

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

Explore Rancho Santa Margarita, CA Rentals by Map

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Frequently Asked Questions about 3 Bedroom Rancho Santa Margarita Apartments

What is the Cheapest apartment in Rancho Santa Margarita with 3 Bedroom?

Currently the most affordable 3 Bedroom in Rancho Santa Margarita is at Madrid listed at $4,050.

How much is the average rent for a 3 Bedroom Rancho Santa Margarita Apartment?

The average rent for a 3 Bedroom Apartment in Rancho Santa Margarita is $4,215.

What is the largest available 3 Bedroom Rancho Santa Margarita Apartment for rent?

Today's apartment with the most square footage in Rancho Santa Margarita is a 1,726 square feet unit starting from $4,895 at Avalon Baker Ranch.

What is the average size for Rancho Santa Margarita 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Rancho Santa Margarita is currently 1,615 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!