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Cheap Apartments for Rent in Santa Margarita, CA from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Margarita.
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1330 Southwood Dr
San Luis ObispoCA93401
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from $1,350Studio to 1 Bedroom Apartments Available Now
Villa del Sol Senior Apts 55+
1311 W Battles RdSanta Maria, CA 93458
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.
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Rent Specials
from $1,360Studio to 3 Bedroom Apartments Available Now
La Vista
740 S Western AveSanta Maria, CA 93458
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Studio to 2 Bedroom Apartments
California Grand Manor Senior Apartments
10167 El Camino RealAtascadero, CA 93422
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3207 Daisy Ln
San Luis ObispoCA93401
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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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 | $2,272 | $1,250 | $3,920 |
| Santa Margarita 1 Bedroom Apartments | $2,384 | $649 | $3,695 |
| Santa Margarita 2 Bedroom Apartments | $2,829 | $1,179 | $6,310 |
| Santa Margarita 3 Bedroom Apartments | $3,063 | $1,365 | $5,287 |
| Santa Margarita 4 Bedroom Apartments | $1,746 | $1,660 | $1,905 |
Browse Top Apartments in Santa Margarita
See all Apartments in Santa MargaritaExplore Santa Margarita
Santa Margarita, CA Local Guide
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Cheapest Available Santa Margarita Apartments for Rent and Nearby
The cheapest available apartment rental in Santa Margarita, CA is a 2 Beds unit found at Sierra Sands in the Harvest Glen neighborhood priced from $1,179. California Grand Manor Senior Apartments in the Atascadero Templeton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Santa Margarita apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sierra Sands | 2 Bedroom 1 Bath | 2BR,1BA | $1,179 |
| California Grand Manor Senior Apartments | 1 bedroom | 1BR,1BA | $1,325 |
| La Vista | Studio | Studio,1BA | $1,360 |
Best Value Apartments for Rent in Santa Margarita, CA and Nearby
As of June 18, 2025 the best value apartment in the Santa Margarita area is the $2.85 price per square foot Two Bedroom Apartment Model at ReNew Atascadero in the in the Atascadero Templeton neighborhood starting from $2,795. The second greatest value Santa Margarita apartment is the 2 Bedroom with Laundry Model at Villa Del Rio starting at $2,550 with a $2.62 price per square foot in the The Summit 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. |
|---|---|---|---|
| ReNew Atascadero | Two Bedroom Apartment | 2BR,2BA | $2.85 |
| Villa Del Rio | 2 Bedroom with Laundry | 2BR,1BA | $2.62 |
| La Plaza Villas | 3/1 Flat | 3BR,1BA | $2.52 |
| Sierra Sands | 1 Bedroom 1 Bath | 1BR,1BA | $1.74 |
| The Oaks at Jornada | 2BR/2.0BA | 2BR,2BA | $2.60 |
| Bordeaux House Apartments | Two Bedroom One Bath | 2BR,1BA | $2.15 |
| Dry Creek | 21 | 2BR,1BA | $2.22 |
| California Grand Manor Senior Apartments | 1 bedroom | 1BR,1BA | $1.93 |
| Hancock Terrace Apartments | Deco | 1BR,1BA | $2.86 |
| Wineman | Pent House | Studio ,2BA | $2.93 |
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Pet Friendly LifestyleSanta Margarita, CA
Ranked #637
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
Santa Margarita, CA Apartments MapSanta Margarita, CA Rental Homes MapFrequently 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 La Vista listed at $1,360.
How much is rent for a Cheap One Bedroom Santa Margarita Apartment?
The lowest price for a Cheap One Bedroom Santa Margarita Apartment is $1,325 at California Grand Manor Senior Apartments.
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 $1,179 at Sierra Sands.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.