
3 Bedroom Apartments for Rent in Santa Margarita, CA (28 Rentals)


Sierra Sands

Total Monthly Price
Blue Oak

La Plaza Villas

ReNew Atascadero

Alturas Paso Robles Apartment Homes

La Vista
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.

Irish Hills Hamlet Apartments

Vista Robles

Siena Apartments

932 Calle Cynthia

9580 Casa Bellact

881 Peach St

785 Lincoln 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.

239 Santa Lucia Dr

462 Dana St

136 Lincoln St

209 Jeffrey Dr

940 Santa Rosa St

347 Jeffrey Dr

270 Foothill Blvd
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

2155 Santa Ynez Ave

Las Lomas Village

3260 Rockview Place

Reserve at Vinedo

Paso de Oak

Roundhouse Place

424 East Mill Street
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.
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 | $2,081 | $989 | $2,855 |
| Santa Margarita 1 Bedroom Apartments | $2,270 | $1,240 | $3,720 |
| Santa Margarita 2 Bedroom Apartments | $2,477 | $1,185 | $4,200 |
| Santa Margarita 3 Bedroom Apartments | $2,991 | $2,395 | $3,425 |
| Santa Margarita 4 Bedroom Apartments | $1,818 | $1,380 | $3,000 |
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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 Irish Hills Hamlet Apartments in the Laguna Lake neighborhood and is 1,225 square feet priced from $3,200. Sierra Sands in the Harvest Glen neighborhood has the second largest 3 Bedroom, which is sized at 1,078 square feet and currently listed start at $2,283. Here is today’s list of the largest available 3 Bedroom units in Santa Margarita:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Irish Hills Hamlet Apartments | 3BR/2.0BA | 1,225 Sq Ft | $3,200 |
| Sierra Sands | 3 Bedroom 2 Bath | 1,078 Sq Ft | $2,283 |
| Arrive Paso Robles | The Adeline | 993 Sq Ft | $3,025 |
| La Plaza Villas | 3/1 Flat | 952 Sq Ft | $2,250 |
Cheapest Available Santa Margarita and Nearby 3 Bedroom Apartments
As of May 29, 2026 the lowest priced 3 Bedroom apartment unit in Santa Margarita, CA is the 3/1 Flat Model starting from $2,250 at La Plaza Villas in the Arroyo Grande Nipomo neighborhood. The second most affordable Santa Margarita 3 Bedroom is the 3 Bedroom 2 Bath Model at Sierra Sands starting at $2,283 in the Harvest Glen neighborhood. The average price for all 3 Bedroom apartments in Santa Margarita is currently $2,991. 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 | $2,250 |
| Sierra Sands | 3 Bedroom 2 Bath | $2,283 |
| Arrive Paso Robles | The Adeline | $3,025 |
| 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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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 $2,250.
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 $2,991.
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 1,225 square feet unit starting from $3,200 at Irish Hills Hamlet Apartments.
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 1,464 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.