Cheap Apartments for Rent in Rancho Santa Margarita, CA from $1,700 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Rancho Santa Margarita.

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.

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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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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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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692
Showing Results 1-20, Page 1 of 1

Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 11/23/2025

Current apartment rentals in the Rancho Santa Margarita, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Rancho Santa Margarita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Las Flores$4,065$1,75079
Rancho Santa Margarita Central$4,075$1,75073
Samlarc$4,075$2,08589
Tijeras Creek Golf Club$4,230$1,75086

Cheapest Available Rancho Santa Margarita Apartments for Rent

 

The cheapest available apartment rental in Rancho Santa Margarita, CA is a 1 Bed unit found at Saddleback Ranch Apartments in the Mission Viejo Central neighborhood priced from $1,928. Villas Aliento Apartment Homes in the Rancho Santa Margarita North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,085. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$1,928
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,085
55+ FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,164
Villa La Paz Apartment HomesPlan D1BR,1BA$2,180
Emerald Court Apartment HomesPlan 11BR,1BA$2,180

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of November 23, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.02 price per square foot 2 Bed 2 Bath Down Model at Saddleback Ranch Apartments in the in the Mission Viejo Central neighborhood starting from $3,393. The second greatest value Rancho Santa Margarita apartment is the B4 Model at Adagio on the Green starting at $3,285 with a $3.04 price per square foot in the Highland Park neighborhood. Here is today’s list of the best values for Rancho Santa Margarita apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Saddleback Ranch Apartments2 Bed 2 Bath Down2BR,2BA$3.02
Adagio on the GreenB42BR,2BA$3.04
Avalon Baker RanchB12BR,2BA$3.20
Villas Antonio Apartment HomesPlan Seven2BR,2BA$3.03
River Oaks ApartmentsMOVE IN SPECIAL: FIRST 2 WEEKS FREE! Upgraded 2...2BR,2BA$3.12
Trabuco Woods Apartment Homes2 Bed 2 Bath2BR,2BA$3.29
Avila at Rancho Santa MargaritaA21BR,1BA$3.14
Ridgecrest ApartmentsPlan A1BR,1BA$3.12
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
23465 Via Ronda23465 Via RondaStudio ,1BA$2.92

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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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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Getting Around Rancho Santa Margarita, CA

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Rancho Santa Margarita Apartments

What is the Cheapest Studio apartment in Rancho Santa Margarita?

Currently the most affordable Cheap Studio Apartment in Rancho Santa Margarita is at Villas Aliento Apartment Homes listed at $2,085.

How much is rent for a Cheap One Bedroom Rancho Santa Margarita Apartment?

The lowest price for a Cheap One Bedroom Rancho Santa Margarita Apartment is $1,928 at Saddleback Ranch Apartments.

What is the lowest price for a Cheap Two Bedroom Rancho Santa Margarita Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rancho Santa Margarita is starting from $2,495 at Heritage Park Senior Apartment Homes.

What is the most affordable Rancho Santa Margarita Three Bedroom Apartment?

The best deal on a cheap Rancho Santa Margarita Three Bedroom Apartment rental is at Paloma Summit Condominium Rentals and starts from $3,886.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.