Cheap Homes for Rent in Rancho Santa Margarita, CA from $1,300 (8 Rentals)

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Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 11/16/2025

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
Las Flores$3,935$2,23583
Rancho Santa Margarita Central$4,050$2,13570
Samlarc$4,050$2,13584
Tijeras Creek Golf Club$4,230$2,23090

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 $1,950. Villas Aliento Apartment Homes in the Rancho Santa Margarita North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,135. 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$1,950
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,135
Emerald Court Apartment HomesPlan 11BR,1BA$2,155

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of November 16, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.20 price per square foot Three Bedroom C2A Model at Los Alisos at Mission Viejo in the in the Mission Viejo North neighborhood starting from $3,999. The second greatest value Rancho Santa Margarita apartment is the 2 Bed 2 Bath Down Model at Saddleback Ranch Apartments starting at $3,432 with a $3.05 price per square foot in the Mission Viejo Central 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.
Los Alisos at Mission ViejoThree Bedroom C2A3BR,2BA$3.20
Saddleback Ranch Apartments2 Bed 2 Bath Down2BR,2BA$3.05
Adagio on the GreenB42BR,2BA$3.12
SERRANO HIGHLANDS APARTMENT HOMESMadrid2BR,2BA$3.46
River Oaks ApartmentsMOVE IN SPECIAL: FIRST 2 WEEKS FREE! Upgraded 2...2BR,2BA$3.12
Villas Antonio Apartment HomesPlan Five2BR,2BA$2.99
Trabuco Woods Apartment Homes2 Bed 2 Bath2BR,2BA$3.32
Las Flores Apartment HomesPlan B1BR,1BA$3.42
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Ridgecrest ApartmentsPlan A1BR,1BA$3.12

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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!

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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 51 Apartments for Rent in Rancho Santa Margarita, CA with pricing that ranges from $1,950 to $4,360. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Santa Margarita ranging from $1,300 to $8,400.

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 $1,300 to $8,400 with an average monthly rent of $4,588.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.