close
View Me
Cheap Apartments for Rent in Santa Margarita, CA from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Margarita.
close
View Me
$1,030 - $2,097Studio to 2 Bedroom Apartments Available Now
California Grand Manor Senior Apartments
10167 El Camino RealAtascadero, CA 93422
close
View Me
close
View Me
$1,350 - $2,150Studio to 1 Bedroom Apartments Available Now
Villa del Sol Senior Apts 55+
1311 W Battles RdSanta Maria, CA 93458
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.
close
View Me
$1,415 - $5,638Studio to 3 Bedroom Apartments Available Now
La Vista
740 S Western AveSanta Maria, CA 93458
close
View Me
close
View Me
close
View Me
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
815 Mirada Dr
San Luis ObispoCA93405
Showing Results 1-9, Page 1 of 1
Santa Margarita, CA Local Guide
California Republic Flag by Håkan Dahlström is licensed under CC BY 2.0
How much does it cost to rent an apartment in Santa Margarita?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Margarita Studio Apartments | $2,047 | $1,030 | $2,617 |
| Santa Margarita 1 Bedroom Apartments | $2,331 | $981 | $3,695 |
| Santa Margarita 2 Bedroom Apartments | $2,645 | $1,237 | $6,310 |
| Santa Margarita 3 Bedroom Apartments | $3,360 | $1,365 | $4,205 |
| Santa Margarita 4 Bedroom Apartments | $4,987 | $4,987 | $4,987 |
Browse Top Apartments in Santa Margarita
See all Apartments in Santa MargaritaExplore Santa Margarita
Santa Margarita, CA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Santa Margarita Apartments for Rent and Nearby
The cheapest available apartment rental in Santa Margarita, CA is a 1 Bed unit found at Sierra Sands in the Harvest Glen neighborhood priced from $981. California Grand Manor Senior Apartments in the Atascadero Templeton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here is today’s list of the most affordable Santa Margarita apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sierra Sands | 1 Bedroom 1 Bath | 1BR,1BA | $981 |
| California Grand Manor Senior Apartments | Studio | Studio,1BA | $1,030 |
| Villa del Sol Senior Apts 55+ | Plan 9 | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Santa Margarita, CA and Nearby
As of September 19, 2025 the best value apartment in the Santa Margarita area is the $2.53 price per square foot The Chardonnay Model at Blue Oak in the starting from $2,871. The second greatest value Santa Margarita apartment is the 3 Bedroom 2 Bath Model at Sierra Sands starting at $1,365 with a $1.27 price per square foot in the Harvest Glen neighborhood. Here is today’s list of the best values for Santa Margarita apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Blue Oak | The Chardonnay | 2BR,1.5BA | $2.53 |
| Sierra Sands | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Chorro at SLO | 4BR/2BA - Morro | 4BR,2BA | $1.29 |
| Bordeaux House Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.95 |
| Hancock Terrace Apartments | Charleston | 2BR,1BA | $2.58 |
| The Oaks at Jornada | 2bdx2bth Normal, downstairs, gas ... | 2BR,2BA | $2.60 |
| Laguna Terrace Apartments | Two/One | 2BR,1BA | $2.21 |
| Dry Creek | 22 | 2BR,2BA | $2.50 |
| California Grand Manor Senior Apartments | 1 bedroom | 1BR,1BA | $1.93 |
| River Walk Terrace | One Bedroom 60% AMI | 1BR,1BA | $2.27 |
Quick 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.
Let everyone know!
Do you know the Santa Margarita area?
If you’re an expert on all things Santa Margarita, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSanta Margarita, CA
Ranked #644
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 Cheap Santa Margarita Apartments
What is the Cheapest Studio apartment in Santa Margarita?
Currently the most affordable Cheap Studio Apartment in Santa Margarita is at California Grand Manor Senior Apartments listed at $1,030.
How much is rent for a Cheap One Bedroom Santa Margarita Apartment?
The lowest price for a Cheap One Bedroom Santa Margarita Apartment is $981 at Sierra Sands.
What is the lowest price for a Cheap Two Bedroom Santa Margarita Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Santa Margarita is starting from $1,851 at Bordeaux House Apartments.
What is the most affordable Santa Margarita Three Bedroom Apartment?
The best deal on a cheap Santa Margarita Three Bedroom Apartment rental is at Sierra Sands and starts from $1,365.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.
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.