Cheap Apartments for Rent in Rancho Santa Margarita, CA from $2,000 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-34, Page 1 of 1

Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 09/13/2025

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$3,856$2,13566
Samlarc$3,856$2,13580
Las Flores$4,082$2,23074
Tijeras Creek Golf Club$4,115$2,13570

Cheapest Available Rancho Santa Margarita Apartments for Rent

 

The cheapest available apartment rental in Rancho Santa Margarita, CA is a Studio unit found at 55+ FountainGlen Rancho Santa Margarita in the Rancho Santa Margarita North neighborhood priced from $2,013. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,025. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
55+ FountainGlen Rancho Santa MargaritaSedonaStudio,$2,013
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,025
Villa La Paz Apartment HomesPlan D1BR,1BA$2,135
Heritage Park Senior Apartment HomesPlan A1BR,1BA$2,140
Westridge Apartment HomesNavahoStudio,1BA$2,170
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,180
eaves Santa MargaritaA11BR,1BA$2,185
Emerald Court Apartment HomesPlan 11BR,1BA$2,195
Mosaic Apartment HomesPlan AStudio,1BA$2,230
Cortesia at Rancho Santa MargaritaSiena A11BR,1BA$2,249

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of September 13, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.00 price per square foot Seine Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $4,185. The second greatest value Rancho Santa Margarita apartment is the Montecito Model at SERRANO HIGHLANDS APARTMENT HOMES starting at $2,992 with a $2.90 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.
Bellecour Way Apartment HomesSeine3BR,2.5BA$3.00
SERRANO HIGHLANDS APARTMENT HOMESMontecito2BR,2BA$2.90
Saddleback Ranch Apartments2 Bed 2 Bath Down2BR,2BA$2.72
Paloma Summit Condominium RentalsResidence 4 Luxury2BR,2BA$3.15
River Oaks Apartments2 BR 2 BA Premium w/ Garage2BR,2BA$3.17
Vista Del LagoDana2BR,2BA$3.20
eaves Mission ViejoB22BR,2BA$3.15
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
SYCAMORE LANE APARTMENT HOMESAgave1BR,1BA$3.14
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.29

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Rancho Santa Margarita, CA

School data provided by Great Schools

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

Explore Rancho Santa Margarita, CA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Rancho Santa Margarita, CA

View Map
Rancho Santa Margarita, CA Apartments Map
View Map
Rancho Santa Margarita, CA Rental Homes Map

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 55+ FountainGlen Rancho Santa Margarita listed at $2,013.

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 $2,025 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.

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.