Cheap Apartments for Rent in the Rancho Santa Margarita Central Neighborhood of Rancho Santa Margarita, CA from $1,700 (9 Rentals)

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

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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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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Rancho Santa Margarita Central, Rancho Santa Margarita, CA Local Guide

Cheapest Available Rancho Santa Margarita Central Apartments for Rent

 

The cheapest available apartment rental in the Rancho Santa Margarita Central area of Rancho Santa Margarita, CA is a 1 Bed unit found at Villa La Paz Apartment Homes priced from $2,130. 55+ FountainGlen Rancho Santa Margarita has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,164. Here are the most affordable Rancho Santa Margarita Central apartments for rent in Rancho Santa Margarita, CA:

Apartment ListingModel NameBed/BathPriced From
Villa La Paz Apartment HomesPlan D1BR,1BA$2,130
55+ FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$2,164
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,230

Best Value Apartments for Rent in Rancho Santa Margarita Central, CA

As of November 30, 2025 the best value apartment in the Rancho Santa Margarita Central area is the $3.12 price per square foot MOVE IN SPECIAL: FIRST 2 WEEKS FREE! Upgraded 2... Model at River Oaks Apartments in the in the Mission Viejo North neighborhood starting from $2,995. The second greatest value Rancho Santa Margarita Central apartment is the 1x1DGRAN Model at Madrid starting at $2,867 with a $3.21 price per square foot in the Mission Viejo North neighborhood. Here is today’s list of the best values for Rancho Santa Margarita Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Oaks ApartmentsMOVE IN SPECIAL: FIRST 2 WEEKS FREE! Upgraded 2...2BR,2BA$3.12
Madrid1x1DGRAN1BR,1BA$3.21
The HighlandsPlan B12BR,2BA$3.67
Avila at Rancho Santa MargaritaA11BR,1BA$3.35
Vista Del LagoCosta1BR,1BA$3.53
Villas Antonio Apartment HomesPlan Two1BR,1BA$3.74
Overture Rancho Santa Margarita 55+ Senior Housing Apartment HomesBella1BR,1BA$4.00
Cortesia at Rancho Santa MargaritaSiena A11BR,1BA$3.67
eaves Mission ViejoA11BR,1BA$4.01
23465 Via Ronda23465 Via RondaStudio ,1BA$2.92

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Rancho Santa Margarita Central, Rancho Santa Margarita, CA

Ranked #4

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Rancho Santa Margarita Central, Rancho Santa Margarita, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Rancho Santa Margarita Central Apartments

How much is rent for a Cheap One Bedroom Rancho Santa Margarita Central Apartment?

The lowest price for a Cheap One Bedroom Rancho Santa Margarita Central Apartment is $2,130 at Villa La Paz Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Rancho Santa Margarita Central Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rancho Santa Margarita Central is starting from $2,585 at Villa La Paz Apartment Homes.

What is the most affordable Rancho Santa Margarita Central Three Bedroom Apartment?

The best deal on a cheap Rancho Santa Margarita Central Three Bedroom Apartment rental is at Madrid and starts from $3,899.

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.