28425 Pueblo Dr
Trabuco CanyonCA92679
Cheap Homes for Rent in Rancho Santa Margarita, CA from $1,500 (11 Rentals)
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$1,7001 Bedroom Apartments Available Now
23 Vía Honrado, Unit 22
23 Vía HonradoRancho Santa Margarita, CA 92688
96 Flor De Sol, Unit NA, Unit NA
96 Flor De Sol
Rancho Santa MargaritaCA92688
27533 Pasatiempo
Mission ViejoCA92692
20702 El Toro Rd
Lake ForestCA92630
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.
76 Gavilan
Rancho Santa MargaritaCA92688
26832 Belleza Cir
Mission ViejoCA92691
25885 Trabuco Rd
Lake ForestCA92630
2401 Via Mariposa W
Laguna WoodsCA92637
27808 Jade
Mission ViejoCA92691
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.
26316 Los Viveros
Mission ViejoCA92691
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Rancho Santa Margarita, CA Local Guide
How much does it cost to rent a home in Rancho Santa Margarita?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Santa Margarita 2 Bedroom Homes for Rent | $3,504 | $2,550 | $5,000 |
| Rancho Santa Margarita 3 Bedroom Homes for Rent | $4,716 | $3,895 | $6,600 |
| Rancho Santa Margarita 4 Bedroom Homes for Rent | $5,745 | $4,150 | $10,000+ |
| Rancho Santa Margarita 5 Bedroom Homes for Rent | $7,350 | $5,200 | $9,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Rancho Santa Margarita
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Rancho Santa Margarita, CA Local Guide
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Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA
Pricing Updated: 05/21/2026Current 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 | $3,749 | $2,125 | 48 |
| Samlarc | $3,749 | $2,125 | 56 |
| Las Flores | $4,270 | $2,125 | 59 |
| Tijeras Creek Golf Club | $4,270 | $2,125 | 67 |
Cheapest Available Rancho Santa Margarita Apartments for Rent
The cheapest available apartment rental in Rancho Santa Margarita, CA is a Studio unit found at Villas Aliento Apartment Homes in the Rancho Santa Margarita North neighborhood priced from $2,055. Westridge Apartment Homes in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,075. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas Aliento Apartment Homes | Plan 4 | Studio,1BA | $2,055 |
| Westridge Apartment Homes | Navaho | Studio,1BA | $2,075 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,099 |
| Villa La Paz Apartment Homes | Plan D | 1BR,1BA | $2,155 |
| eaves Mission Viejo | A2 | 1BR,1BA | $2,160 |
Best Value Apartments for Rent in Rancho Santa Margarita, CA
As of May 21, 2026 the best value apartment in the Rancho Santa Margarita area is the $3.45 price per square foot 22C Model at Crestwood Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,205. The second greatest value Rancho Santa Margarita apartment is the Corsica Model at Siena Terrace starting at $2,936 with a $3.26 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. |
|---|---|---|---|
| Crestwood Apartment Homes | 22C | 2BR,2BA | $3.45 |
| Siena Terrace | Corsica | 2BR,2BA | $3.26 |
| 154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.11 |
| Ridgecrest Apartments | Plan A | 1BR,1BA | $3.21 |
| The Highlands | Plan A1 | 1BR,1BA | $3.46 |
| SERRANO HIGHLANDS APARTMENT HOMES | Monterey | 1BR,1.2BA | $3.46 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2.80 |
| Bellecour Way Apartment Homes | Savio | 1BR,1BA | $3.38 |
| Las Flores Apartment Homes | Plan A | 1BR,1BA | $3.43 |
| Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.18 |
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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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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Frequently Asked Questions about Rancho Santa Margarita
What type of rentals are currently available in Rancho Santa Margarita?
There are currently 53 Apartments for Rent in Rancho Santa Margarita, CA with pricing that ranges from $1,700 to $5,290. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Santa Margarita ranging from $1,550 to $10,950.
What is the current price range for Rental Homes in Rancho Santa Margarita?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Santa Margarita ranges from $1,550 to $10,950 with an average monthly rent of $4,285.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.