Cheap Apartments for Rent in the Rancho Santa Margarita Central Neighborhood of Rancho Santa Margarita, CA from $2,000 (12 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.

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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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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692
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Madrid
1 to 3 Bedroom Apartments

Madrid

28401 Los Alisos BlvdMission Viejo, CA 92692

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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.

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 Studio unit found at 55+ Community FountainGlen Rancho Santa Margarita priced from $2,088. Villas Aliento Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $2,165. Here are the most affordable Rancho Santa Margarita Central apartments for rent in Rancho Santa Margarita, CA:

Apartment ListingModel NameBed/BathPriced From
55+ Community FountainGlen Rancho Santa MargaritaSedonaStudio,1BA$2,088
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,165
Villa La Paz Apartment HomesPlan A1BR,1BA$2,255
Cortesia at Rancho Santa MargaritaSiena1BR,1BA$2,279
Villas Antonio Apartment HomesPlan One1BR,1BA$2,415

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

As of June 30, 2026 the best value apartment in the Rancho Santa Margarita Central area is the $3.02 price per square foot MOVE IN SPECIAL: Two Weeks Off First Month's Re... Model at River Oaks Apartments in the in the Mission Viejo North neighborhood starting from $2,895. The second greatest value Rancho Santa Margarita Central apartment is the B1 Model at Avila at Rancho Santa Margarita starting at $3,827 with a $4.07 price per square foot in the Rancho Santa Margarita 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: Two Weeks Off First Month's Re...2BR,2BA$3.02
Avila at Rancho Santa MargaritaB12BR,2BA$4.07
The HighlandsPlan A11BR,1BA$3.39
Vista Del LagoCosta Renovated1BR,1BA$3.65
Villa La Paz Apartment HomesPlan A1BR,1BA$3.47
Overture Rancho Santa Margarita 55+ Senior Housing Apartment HomesBella1BR,1BA$4.09
Madrid1x1ALOR1BR,1BA$4.02
Los Alisos at Mission ViejoOne Bedroom A1B1BR,1BA$4.04
Cortesia at Rancho Santa MargaritaSiena1BR,1BA$3.71
Villas Antonio Apartment HomesPlan One1BR,1BA$4.03

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

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $2,255 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 $2,611 at 55+ Community FountainGlen Rancho Santa Margarita.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.