
Cheap Apartments for Rent in Rancho Santa Margarita, CA from $1,700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Rancho Santa Margarita.


Villas Aliento Apartment Homes

Cortesia at Rancho Santa Margarita

Avila at Rancho Santa Margarita

25 Leonado

Villas Antonio Apartment Homes

Skyview

eaves Santa Margarita

Overture Rancho Santa Margarita 55+ Senior Housing Apartment Homes

55+ FountainGlen Rancho Santa Margarita

63 Vía Meseta

26692 Sinforosa Dr, Unit 3

Saddleback Ranch Apartments

Westridge Apartment Homes

Mosaic Apartment Homes

SYCAMORE LANE APARTMENT HOMES

Los Alisos at Mission Viejo

31611 Vía Conejo, 136B

Siena Terrace

154 Canyon Woods Apartments

River Oaks Apartments

Madrid

23422 Dune Mear Rd
Rancho Santa Margarita, CA Local Guide

How much does it cost to rent an apartment in Rancho Santa Margarita?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Rancho Santa Margarita Studio Apartments | $2,275 | $1,750 | $3,101 |
Cheap Rancho Santa Margarita 1 Bedroom Apartments | $2,713 | $2,010 | $6,784 |
Cheap Rancho Santa Margarita 2 Bedroom Apartments | $3,384 | $2,625 | $9,817 |
Cheap Rancho Santa Margarita 3 Bedroom Apartments | $3,994 | $3,340 | $4,990 |
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Rancho Santa Margarita, CA Local Guide
- Rancho Santa Margarita Neighborhoods
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Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA
Pricing Updated: 07/30/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Rancho Santa Margarita Central | $3,902 | $2,075 | 89 |
Samlarc | $3,902 | $2,075 | 102 |
Las Flores | $4,255 | $2,175 | 79 |
Tijeras Creek Golf Club | $14,500 | $2,075 | 84 |
Cheapest Available Rancho Santa Margarita Apartments for Rent
 The cheapest available apartment rental in Rancho Santa Margarita, CA is a Studio unit found at Westridge Apartment Homes in the Mission Viejo Central neighborhood priced from $1,980. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,995. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westridge Apartment Homes | Navaho | Studio,1BA | $1,980 |
Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $1,995 |
55+ FountainGlen Rancho Santa Margarita | Palermo | 1BR,1BA | $2,009 |
Villa La Paz Apartment Homes | Plan D | 1BR,1BA | $2,075 |
Heritage Park Senior Apartment Homes | Plan A | 1BR,1BA | $2,105 |
Mosaic Apartment Homes | Plan A | Studio,1BA | $2,175 |
Heritage Square Senior Apartment Homes | Plan 1 | 1BR,1BA | $2,180 |
Overture Rancho Santa Margarita 55+ Senior Housing Apartment Homes | Bella | 1BR,1BA | $2,195 |
SYCAMORE LANE APARTMENT HOMES | Aloe | Studio,1BA | $2,195 |
Best Value Apartments for Rent in Rancho Santa Margarita, CA
As of July 30, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.20 price per square foot B2 Model at Avila at Rancho Santa Margarita in the in the Rancho Santa Margarita North neighborhood starting from $3,169. The second greatest value Rancho Santa Margarita apartment is the 2 BR 2 BA Premium w/ Garage Model at River Oaks Apartments starting at $3,045 with a $3.17 price per square foot in the Mission Viejo North neighborhood. Here is today’s list of the best values for Rancho Santa Margarita apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Avila at Rancho Santa Margarita | B2 | 2BR,2BA | $3.20 |
River Oaks Apartments | 2 BR 2 BA Premium w/ Garage | 2BR,2BA | $3.17 |
Crestwood Apartment Homes | 22CL | 2BR,2BA | $3.33 |
eaves Mission Viejo | B2 | 2BR,2BA | $3.16 |
The Highlands | Plan B1 | 2BR,2BA | $3.40 |
Ridgecrest Apartments | Plan A | 1BR,1BA | $3.13 |
Saddleback Ranch Apartments | 1 Bed 1 Bath Down | 1BR,1BA | $2.77 |
Avalon Baker Ranch | A3 | 1BR,1BA | $3.46 |
Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.15 |
Siena Terrace | Naples | 1BR,1BA | $3.34 |
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Best Local Schools 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 Westridge Apartment Homes listed at $1,980.
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 $1,995 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 $2,625 at Saddleback Ranch Apartments.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.