
3 Bedroom Apartments for Rent near Santa Margarita, CA (26 Rentals)


Sierra Sands

Blue Oak

ReNew Atascadero

La Plaza Villas

Alturas Paso Robles Apartment Homes
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Hancock Terrace

Irish Hills Hamlet Apartments

Total Monthly Price
La Vista

Siena Apartments

932 Calle Cynthia

462 Dana St
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.

570 Peach St

209 Jeffrey Dr

881 Peach St

1106 Tiburon Way

2132 Price St

785 Lincoln St
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

940 Santa Rosa St

347 Jeffrey Dr

591 Bluerock Dr

Las Lomas Village

3260 Rockview Pl

Reserve at Vinedo
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.

Roundhouse Place

424 East Mill Street
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 | $2,071 | $1,030 | $2,855 |
| Santa Margarita 1 Bedroom Apartments | $2,296 | $1,250 | $3,720 |
| Santa Margarita 2 Bedroom Apartments | $2,520 | $1,150 | $3,950 |
| Santa Margarita 3 Bedroom Apartments | $3,158 | $2,295 | $3,437 |
| Santa Margarita 4 Bedroom Apartments | $1,675 | $1,380 | $3,000 |
Browse Top Apartments in Santa Margarita
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Santa Margarita, CA Local Guide
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Largest Available Santa Margarita and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Santa Margarita, CA is found at La Plaza Villas in the Arroyo Grande Nipomo neighborhood and is 1,361 square feet priced from $2,795. Arrive Paso Robles in the Paso Robles neighborhood has the second largest 3 Bedroom, which is sized at 1,355 square feet and currently listed start at $3,025. Here is today’s list of the largest available 3 Bedroom units in Santa Margarita:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| La Plaza Villas | 3/2 Townhouse | 1,361 Sq Ft | $2,795 |
| Arrive Paso Robles | The Adeline | 1,355 Sq Ft | $3,025 |
| Irish Hills Hamlet Apartments | 3BR/2.0BA | 1,225 Sq Ft | $3,200 |
| Hancock Terrace | 3x2 Regency | 1,224 Sq Ft | $3,199 |
Cheapest Available Santa Margarita and Nearby 3 Bedroom Apartments
As of July 14, 2026 the lowest priced 3 Bedroom apartment unit in Santa Margarita, CA is the 3/1 Flat Model starting from $2,295 at La Plaza Villas in the Arroyo Grande Nipomo neighborhood. The second most affordable Santa Margarita 3 Bedroom is the The Adeline Model at Arrive Paso Robles starting at $3,025 in the Paso Robles neighborhood. The average price for all 3 Bedroom apartments in Santa Margarita is currently $3,158. Here is today’s list of the cheapest available 3 Bedroom options in Santa Margarita:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| La Plaza Villas | 3/1 Flat | $2,295 |
| Arrive Paso Robles | The Adeline | $3,025 |
| Hancock Terrace | 3x2 Regency | $3,199 |
| Irish Hills Hamlet Apartments | 3BR/2.0BA | $3,200 |
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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See the most popular apartments and homes in Santa Margarita, CA
Frequently Asked Questions about 3 Bedroom Santa Margarita Apartments
What is the Cheapest apartment in Santa Margarita with 3 Bedroom?
Currently the most affordable 3 Bedroom in Santa Margarita is at La Plaza Villas listed at $2,295.
How much is the average rent for a 3 Bedroom Santa Margarita Apartment?
The average rent for a 3 Bedroom Apartment in Santa Margarita is $3,158.
What is the largest available 3 Bedroom Santa Margarita Apartment for rent?
Today's apartment with the most square footage in Santa Margarita is a 1,361 square feet unit starting from $2,795 at La Plaza Villas.
What is the average size for Santa Margarita 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Santa Margarita is currently 1,299 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

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.

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.

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.

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.