Cheap Apartments for Rent in Rancho Santa Margarita, CA from $2,000 (43 Rentals)

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

property at 96 Flor De Sol

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125
Total Monthly Price
$2,125

Studio, 1 Bath Condo for Rent

Available Now

96 Flor De Sol, Unit NA

96 Flor De Sol
Rancho Santa MargaritaCA92688
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29 Via Cresta, Unit 29
$2,350
Total Monthly Price

Total Monthly Price

Base Rent
$2,350
Total Monthly Price
$2,350
1 Bedroom Apartment Available Sep 1

29 Via Cresta, Unit 29

29 Via CrestaRancho Santa Margarita, CA 92688

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Adagio on the Green
Rent Specials
$2,692 - $4,504
Total Monthly Price

Total Monthly Price

Base Rent
$2,692 - $4,504
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Adagio on the Green

26600 Oso PkyMission Viejo, CA 92691
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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692

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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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-43, Page 1 of 1

Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 06/15/2026

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$3,854$2,11064
Samlarc$3,854$2,11074
Las Flores$4,275$2,09566
Tijeras Creek Golf Club$4,275$2,09585

Cheapest Available Rancho Santa Margarita Apartments for Rent

 

The cheapest available apartment rental in Rancho Santa Margarita, CA is a Studio unit found at Mosaic Apartment Homes in the Highland Park neighborhood priced from $2,095. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,099. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mosaic Apartment HomesPlan AStudio,1BA$2,095
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,099
Villa La Paz Apartment HomesPlan D1BR,1BA$2,110
55+ Community FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,197
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,205
Westridge Apartment HomesNavahoStudio,1BA$2,230
Villas Antonio Apartment HomesPlan One1BR,1BA$2,285
Emerald Court Apartment HomesPlan 11BR,1BA$2,310
eaves Santa MargaritaA11BR,1BA$2,315
Los Alisos at Mission ViejoOne Bedroom A1B1BR,1BA$2,409

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of June 15, 2026 the best value apartment in the Rancho Santa Margarita area is the $2.92 price per square foot Lourdes Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,670. The second greatest value Rancho Santa Margarita apartment is the MOVE IN SPECIAL: Two Weeks Off First Month's Re... Model at River Oaks Apartments starting at $2,895 with a $3.02 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 HomesLourdes2BR,2.5BA$2.92
River Oaks ApartmentsMOVE IN SPECIAL: Two Weeks Off First Month's Re...2BR,2BA$3.02
Trabuco Woods Apartment Homes2 Bed 2 Bath2BR,2BA$3.16
Siena TerracePortofino2BR,2BA$3.28
eaves Mission ViejoB22BR,2BA$2.96
Cortesia at Rancho Santa MargaritaVenice1BR,1BA$3.04
Ridgecrest ApartmentsPlan A1BR,1BA$3.30
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1.2BA$3.43
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2.80
Las Flores Apartment HomesPlan A1BR,1BA$3.40

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Rancho Santa Margarita, CA

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

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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 Mosaic Apartment Homes listed at $2,095.

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 $2,099 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 $2,455 at Saddleback Ranch Apartments.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.