
2 Bedroom Apartments for Rent in Santa Margarita, CA (44 Rentals)


Reserve at Vinedo

Arrive Paso Robles

Villa del Sol Senior Apts 55+

Villa Del Rio

Sierra Sands

Bordeaux House Apartments

Cassia Apartments

California Grand Manor Senior Apartments

Peach Street
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.

Blue Oak

Alturas Paso Robles Apartment Homes

ReNew Atascadero

Villa Paseo Palms

Twin Creeks Apartments

La Vista

Alder Creek Apartments

Vintage at SLO

Dry Creek

Irish Hills Hamlet Apartments
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.

The Oaks at Jornada

Oak Park Village Apartments

Ramona Gardens

Siena Apartments

The Junction

Hancock Terrace Apartments

7464 Santa Ysabel Ave

5460 Traffic Way

3195 Esteliata Ct

6601 Santa Lucia Rd
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

85 Stenner St

3340 Rockview Pl

750 Chorro St

3592 Broad St

8390 Santa Ynez Ave

Laguna Terrace Apartments

421 Dana St

Las Lomas Village

Roundhouse Place

Emerald Ridge Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

265 N 16th St

2800 Broad St

River Walk Terrace

University Chorro Commons
Santa Margarita, CA Local Guide

How much does it cost to rent an apartment in Santa Margarita?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Margarita Studio Apartments | $1,809 | $1,030 | $2,755 |
| Santa Margarita 1 Bedroom Apartments | $2,176 | $1,000 | $3,340 |
| Santa Margarita 2 Bedroom Apartments | $2,538 | $1,237 | $3,850 |
| Santa Margarita 3 Bedroom Apartments | $3,309 | $2,250 | $4,160 |
| Santa Margarita 4 Bedroom Apartments | $4,693 | $4,693 | $4,693 |
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Santa Margarita, CA Local Guide
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Largest Available Santa Margarita and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Santa Margarita, CA is found at Reserve at Vinedo in the The Summit neighborhood and is 1,395 square feet priced from $3,361. Emerald Ridge Apartments in the Morro Bay Cayucos Cambria neighborhood has the second largest 2 Bedroom, which is sized at 1,140 square feet and currently listed start at $2,995. Here is today’s list of the largest available 2 Bedroom units in Santa Margarita:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Reserve at Vinedo | Courtyard Residence 1 | 1,395 Sq Ft | $3,361 |
| Emerald Ridge Apartments | 2BR/1.5BA | 1,140 Sq Ft | $2,995 |
| Blue Oak | The Chardonnay | 1,136 Sq Ft | $2,937 |
| Peach Street | 2x1.5 | 1,000 Sq Ft | $2,600 |
| Hancock Terrace Apartments | Palms | 998 Sq Ft | $2,620 |
| Arrive Paso Robles | The Grace | 993 Sq Ft | $2,410 |
| ReNew Atascadero | Two Bedroom Apartment | 980 Sq Ft | $2,615 |
| Villa Del Rio | 2 Bedroom with Laundry | 975 Sq Ft | $2,675 |
| Bordeaux House Apartments | Two Bedroom Two Bath | 950 Sq Ft | $2,008 |
| Irish Hills Hamlet Apartments | 2BR/1.5BA | 900 Sq Ft | $2,400 |
Cheapest Available Santa Margarita and Nearby 2 Bedroom Apartments
As of January 07, 2026 the lowest priced 2 Bedroom apartment unit in Santa Margarita, CA is the Two Bedroom One Bath Model starting from $1,710 at Bordeaux House Apartments in the Atascadero Templeton neighborhood. The second most affordable Santa Margarita 2 Bedroom is the Two Bedroom Model at Villa Paseo Palms starting at $1,729 in the The Summit neighborhood. The average price for all 2 Bedroom apartments in Santa Margarita is currently $2,538. Here is today’s list of the cheapest available 2 Bedroom options in Santa Margarita:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Bordeaux House Apartments | Two Bedroom One Bath | $1,710 |
| Villa Paseo Palms | Two Bedroom | $1,729 |
| Dry Creek | 22 | $1,951 |
| La Vista | 2 BED 1 BATH | $2,028 |
| Villa del Sol Senior Apts 55+ | Plan 5 | $2,150 |
| 421 Dana St | 2BR/1.0BA | $2,200 |
| Ramona Gardens | Available 2 Bedroom | $2,225 |
| The Oaks at Jornada | 2bdx2bth Normal, upstairs, electric | $2,225 |
| Cassia Apartments | Two Bed A | $2,258 |
| Alder Creek Apartments | 2BR/1.0BA | $2,350 |
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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Read ArticleQuick Rent Budget Calculator
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 Santa Margarita, CA Rentals by Map
See the most popular apartments and homes in Santa Margarita, CA
Frequently Asked Questions about 2 Bedroom Santa Margarita Apartments
What is the Cheapest apartment in Santa Margarita with 2 Bedroom?
Currently the most affordable 2 Bedroom in Santa Margarita is at Bordeaux House Apartments listed at $1,710.
How much is the average rent for a 2 Bedroom Santa Margarita Apartment?
The average rent for a 2 Bedroom Apartment in Santa Margarita is $2,538.
What is the largest available 2 Bedroom Santa Margarita Apartment for rent?
Today's apartment with the most square footage in Santa Margarita is a 1,395 square feet unit starting from $3,361 at Reserve at Vinedo.
What is the average size for Santa Margarita 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Santa Margarita is currently 1,060 sq ft.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!