
Cheap Apartments for Rent near San Luis Rey, CA from $1,700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in San Luis Rey.


Total Monthly Price
Summit By The Lake

South River Village

Briarcrest Apartments

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Creekwood Villas

Villa Pacific Apartments

Suncrest Ridge

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Oakleaf Apartments

Silver Oak Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Dylan Apartment Homes

Ocean Park Apartments

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Ocean Hills Apartments

3784 Nectarine Cir

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Villa Del Mar Apartments (new)

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Island Club

The Villages Of Monterey

Carlsbad View Apartments

Riverview Springs
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Ocean View Terrace Apartments

Canyon Club Apartments

Camino Colony

Montecito Village

Sunterra

Shadow Ridge Apartments

Stoneybrook Apartments

River Oaks

432 Edgehill Ln
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Canyon Creek Apartments C

Villa Camino Apartments

526 Calle Montecito

Valley View Apartments

514 Calle Montecito

Country Villas

Ocean Breeze

615 Fredricks Ave

190 Avenida Descanso
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.
San Luis Rey, CA Local Guide

How much does it cost to rent an apartment in San Luis Rey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Luis Rey Studio Apartments | $2,311 | $2,004 | $2,835 |
| San Luis Rey 1 Bedroom Apartments | $2,450 | $1,725 | $2,935 |
| San Luis Rey 2 Bedroom Apartments | $2,856 | $2,075 | $4,032 |
| San Luis Rey 3 Bedroom Apartments | $4,032 | $2,650 | $4,984 |
Browse Top Apartments in San Luis Rey
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San Luis Rey, CA Local Guide
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Cheapest Available San Luis Rey Apartments for Rent and Nearby
 The cheapest available apartment rental in San Luis Rey, CA is a 1 Bed unit found at Summit By The Lake in the San Luis Rey neighborhood priced from $1,725. South River Village in the North Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,874. Here is today’s list of the most affordable San Luis Rey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summit By The Lake | Plan A 1X1S | 1BR,1BA | $1,725 |
| South River Village | 1 Bedroom 1 Bath-60% AMI | 1BR,1BA | $1,874 |
| Creekwood Villas | STUDIO | Studio,1BA | $2,004 |
| Suncrest Ridge | 1x1 | 1BR,1BA | $2,099 |
| Canyon Creek Apartments C | 1BR/1.0BA | 1BR,1BA | $2,100 |
| Oakleaf Apartments | 1/1 U | 1BR,1BA | $2,100 |
| The Dylan Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,182 |
| Ocean Park Apartments | One Bedroom | 1BR,1BA | $2,195 |
| Briarcrest Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $2,200 |
| Villa Del Mar Apartments (new) | 1x1UP | 1BR,1BA | $2,254 |
Best Value Apartments for Rent in San Luis Rey, CA and Nearby
As of August 18, 2026 the best value apartment in the San Luis Rey area is the $2.51 price per square foot The Venice Model at Piazza D'Oro in the in the Mira Costa neighborhood starting from $3,938. The second greatest value San Luis Rey apartment is the 2 Beds, 1 Bath Model Model at Briarcrest Apartments starting at $2,200 with a $2.00 price per square foot in the Mira Costa neighborhood. Here is today’s list of the best values for San Luis Rey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Piazza D'Oro | The Venice | 2BR,2.5BA | $2.51 |
| Briarcrest Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $2.00 |
| Country Villas | Plan 3A | 3BR,2BA | $2.60 |
| Ocean Hills Apartments | 2 bedroom 1 bath | 2BR,1BA | $2.40 |
| Stone Arbor | 2 Bed 2 Bath | 2BR,2BA | $2.68 |
| Mission Hills | Plan 2B | 2BR,1BA | $2.72 |
| Valley View Apartments | 2/2 Standard | 2BR,2BA | $2.37 |
| Stoneybrook Apartments | 2 Bed /1 Bath | 2BR,1BA | $2.61 |
| Sunterra | Two Bedroom One Bath | 2BR,1BA | $2.72 |
| Carlsbad View Apartments | One Bedroom | 1BR,1BA | $2.82 |
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.
Read ArticleReal 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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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore San Luis Rey, CA Rentals by Map
See the most popular apartments and homes in San Luis Rey, CA
Frequently Asked Questions about Cheap San Luis Rey Apartments
What is the Cheapest Studio apartment in San Luis Rey?
Currently the most affordable Cheap Studio Apartment in San Luis Rey is at Creekwood Villas listed at $2,004.
How much is rent for a Cheap One Bedroom San Luis Rey Apartment?
The lowest price for a Cheap One Bedroom San Luis Rey Apartment is $1,725 at Summit By The Lake.
What is the lowest price for a Cheap Two Bedroom San Luis Rey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in San Luis Rey is starting from $2,200 at Briarcrest Apartments.
What is the most affordable San Luis Rey Three Bedroom Apartment?
The best deal on a cheap San Luis Rey Three Bedroom Apartment rental is at Country Villas and starts from $2,747.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.