Cheap Homes for Rent in Rancho Santa Margarita, CA from $1,200 (10 Rentals)

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Search the lowest-cost Homes 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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property at 14 Via Carino

14 Via Carino

Rancho Santa MargaritaCA92688
Showing Results 1-10, Page 1 of 1

Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 07/24/2025

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$3,900$2,3006
Samlarc$6,100$2,30021
Tijeras Creek Golf Club$6,500$2,30027

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 ListingModel NameBed/BathPriced From
Westridge Apartment HomesNavahoStudio,1BA$1,980
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$1,995
Villa La Paz Apartment HomesPlan A1BR,1BA$2,095

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of July 24, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.17 price per square foot 2 BR 2 BA Premium w/ Garage Model at River Oaks Apartments in the in the Mission Viejo North neighborhood starting from $3,045. The second greatest value Rancho Santa Margarita apartment is the 22CL Model at Crestwood Apartment Homes starting at $3,095 with a $3.33 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.
River Oaks Apartments2 BR 2 BA Premium w/ Garage2BR,2BA$3.17
Crestwood Apartment Homes22CL2BR,2BA$3.33
eaves Mission ViejoB22BR,2BA$3.19
The HighlandsPlan B12BR,2BA$3.40
Ridgecrest ApartmentsPlan A1BR,1BA$3.11
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2.90
Las Flores Apartment HomesPlan A1BR,1BA$3.46
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.15
Avila at Rancho Santa MargaritaA11BR,1BA$3.29
Siena TerraceNaples1BR,1BA$3.38

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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 50 Apartments for Rent in Rancho Santa Margarita, CA with pricing that ranges from $1,980 to $9,817. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Santa Margarita ranging from $1,200 to $13,500.

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 $1,200 to $13,500 with an average monthly rent of $5,175.

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.