2 Bedroom Apartments for Rent in Santa Margarita, CA (49 Rentals)

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9712 Pinal Ave
2 Bedroom Apartments

9712 Pinal Ave

9712 Pinal AveSanta Margarita, CA 93453

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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.

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421 Dana St
2 Bedroom Apartments

421 Dana St

421 Dana StSan Luis Obispo, CA 93401
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Las Lomas Village
2 Bedroom Apartments

Las Lomas Village

9245 Ciruela WayAtascadero, CA 93422
  • Utilities Included
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ReNew Atascadero
2 Bedroom Apartments

ReNew Atascadero

9170 Seville LnAtascadero, CA 93422

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

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Roundhouse Place
2 Bedroom Apartments

Roundhouse Place

2220-2224 Emily StSan Luis Obispo, CA 93401
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265 N 16th St
2 Bedroom Apartments

265 N 16th St

251 S 16th StGrover Beach, CA 93433
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2800 Broad St
2 Bedroom Apartments

2800 Broad St

2800 Broad StSan Luis Obispo, CA 93401
  • Utilities Included
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River Walk Terrace
2 Bedroom Apartments

River Walk Terrace

120 Niblick RdPaso Robles, CA 93446
Senior Living
  • Utilities Included

Santa Margarita, CA Local Guide

Largest Available Santa Margarita and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Santa Margarita, CA is found at de Tolosa Ranch Apartments in the Laguna Lake neighborhood and is 1,287 square feet priced from $3,195. 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 $2,850. Here is today’s list of the largest available 2 Bedroom units in Santa Margarita:

Apartment ListingModel NameSquare FootagePriced From
de Tolosa Ranch Apartments2BR/2.5BA1,287 Sq Ft$3,195
Emerald Ridge Apartments2BR/1.5BA1,140 Sq Ft$2,850
Blue OakThe Chardonnay1,136 Sq Ft$2,842
Arrive Paso RoblesThe Grace993 Sq Ft$2,625
ReNew AtascaderoTwo Bedroom Apartment980 Sq Ft$2,795
Villa Del Rio2 Bedroom with Laundry975 Sq Ft$2,550
La Plaza Villas2/2952 Sq Ft$2,395
Bordeaux House ApartmentsTwo Bedroom Two Bath950 Sq Ft$1,851
Oak Park Village Apartments2BR/1.5BA908 Sq Ft$2,840
Cassia ApartmentsTwo Bed Downstairs900 Sq Ft$2,472

Cheapest Available Santa Margarita and Nearby 2 Bedroom Apartments

As of September 13, 2025 the lowest priced 2 Bedroom apartment unit in Santa Margarita, CA is the Two Bedroom Two Bath Model starting from $1,851 at Bordeaux House Apartments in the Atascadero Templeton neighborhood. The second most affordable Santa Margarita 2 Bedroom is the Two/One Model at Laguna Terrace Apartments starting at $1,900 in the Morro Bay Cayucos Cambria neighborhood. The average price for all 2 Bedroom apartments in Santa Margarita is currently $2,674. Here is today’s list of the cheapest available 2 Bedroom options in Santa Margarita:

Apartment ListingModel NamePriced From
Bordeaux House ApartmentsTwo Bedroom Two Bath$1,851
Laguna Terrace ApartmentsTwo/One$1,900
Dry Creek22$2,125
The Oaks at Jornada2bdx2bth Renovated, upstairs, electric$2,225
Cassia ApartmentsTwo Bed A$2,273
Ramona Gardens2 Bed, 2 Bath$2,300
La Vista2 BED 1 BATH$2,307
Alder Creek Apartments2BR/1.0BA$2,375
La Plaza Villas2/2$2,395
Emerald Ridge Apartments2BR/1.0BA$2,495

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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.

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Pet Friendly Lifestyle
Santa Margarita, CA

Ranked #557

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,851.

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 $2,674.

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 1,287 square feet unit starting from $3,195 at de Tolosa Ranch Apartments.

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 960 sq ft.

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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.