Cheap Apartments for Rent in Rancho Santa Margarita, CA from $1,900 (31 Rentals)

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

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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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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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission 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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Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 06/28/2025

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
Rancho Santa Margarita Central$3,999$2,03586
Samlarc$3,999$2,03593
Las Flores$4,240$2,22592
Tijeras Creek Golf Club$4,798$2,035101

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 $1,995. eaves Santa Margarita in the Rancho Santa Margarita North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,035. 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 Up1BR,1BA$1,995
eaves Santa MargaritaS1-224-2Studio,1BA$2,035
Villa La Paz Apartment HomesPlan D1BR,1BA$2,045
Heritage Park Senior Apartment HomesPlan B1BR,1BA$2,125
Westridge Apartment HomesNavahoStudio,1BA$2,130
eaves Mission ViejoA21BR,1BA$2,160
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,169
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$2,185
Cortesia at Rancho Santa MargaritaSiena A11BR,1BA$2,217
Emerald Court Apartment HomesPlan 21BR,1BA$2,220

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of June 28, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.24 price per square foot Plan 3 Model at Laurel Canyon Apartment Homes in the in the Mission Viejo South neighborhood starting from $3,370. The second greatest value Rancho Santa Margarita apartment is the Montecito Model at SERRANO HIGHLANDS APARTMENT HOMES starting at $3,081 with a $2.99 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Laurel Canyon Apartment HomesPlan 32BR,2BA$3.24
SERRANO HIGHLANDS APARTMENT HOMESMontecito2BR,2BA$2.99
Sonterra at Foothill RanchHeather2BR,2BA$3.06
The HighlandsPlan B22BR,2BA$3.16
River Oaks ApartmentsApt 572: $1000 Off Move In Special2BR,2BA$3.12
Ridgecrest ApartmentsPlan A1BR,1BA$3.34
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.71
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.03
Avila at Rancho Santa MargaritaA11BR,1BA$3.27
Siena TerraceNaples1BR,1BA$3.36

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Best Local Schools in
Rancho Santa Margarita, CA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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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 eaves Santa Margarita listed at $2,035.

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 $2,435 at Heritage Square Senior Apartment Homes.

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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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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.