
Cheap Apartments for Rent in Lake Forest, CA from $1,200 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Forest.


154 Canyon Woods Apartments

The Meridian at Laguna Hills - 55+ Senior Apartments

Saddleback Ranch Apartments

SYCAMORE LANE APARTMENT HOMES

Los Alisos at Mission Viejo

Cortesia at Rancho Santa Margarita

The Village at Irvine Spectrum

The Whispering Fountains at Laguna Woods
Lake Forest, CA Local Guide

How much does it cost to rent an apartment in Lake Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lake Forest Studio Apartments | $2,900 | $1,895 | $4,165 |
Cheap Lake Forest 1 Bedroom Apartments | $3,338 | $2,170 | $7,456 |
Cheap Lake Forest 2 Bedroom Apartments | $3,908 | $2,770 | $8,739 |
Cheap Lake Forest 3 Bedroom Apartments | $4,538 | $3,693 | $6,561 |
Browse Top Apartments in Lake Forest
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Lake Forest, CA Local Guide
- Lake Forest Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Forest, CA
Pricing Updated: 03/27/2025Current apartment rentals in the Lake Forest, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Forest Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Pacific Commerce Center | $4,567 | $2,170 | 40 |
Serrano Highlands | $4,567 | $2,170 | 54 |
Rancho de los Alisos | $4,695 | $2,170 | 59 |
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in Lake Forest, CA is a Studio unit found at The Meridian at Laguna Hills - 55+ Senior Apartments in the Mission Viejo Central neighborhood priced from $1,895. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,176. Here is today’s list of the most affordable Lake Forest apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Meridian at Laguna Hills - 55+ Senior Apartments | Studio | Studio,1BA | $1,895 |
Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,176 |
SYCAMORE LANE APARTMENT HOMES | Aloe | Studio,1BA | $2,180 |
Los Alisos at Mission Viejo | Studio E1A | Studio,1BA | $2,261 |
Westridge Apartment Homes | Navaho | Studio,1BA | $2,280 |
Best Value Apartments for Rent in Lake Forest, CA
As of March 27, 2025 the best value apartment in the Lake Forest area is the $3.30 price per square foot Residence 6 Luxury Model at Paloma Summit Condominium Rentals in the in the Pacific Commerce Center neighborhood starting from $3,846. The second greatest value Lake Forest apartment is the Plan C Model at Ridgecrest Apartments starting at $3,201 with a $2.90 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Paloma Summit Condominium Rentals | Residence 6 Luxury | 3BR,2BA | $3.30 |
Ridgecrest Apartments | Plan C | 2BR,2BA | $2.90 |
Trabuco Villas | 2 Bed 2 Bath Up | 2BR,2BA | $2.96 |
Timbers Apartments, El Toro | 2 BDRM/1 BATH FIREPLACE | 2BR,1BA | $2.84 |
Sonterra at Foothill Ranch | Heather | 2BR,2BA | $3.16 |
Skyview | Mt.Denali | 2BR,2BA | $3.28 |
Crestwood Apartment Homes | 21A | 2BR,1BA | $3.42 |
Villa Solana | Serrano | 1BR,1BA | $3.40 |
Alicia Plaza | Plan B | 1BR,1BA | $3.45 |
Spring Lakes Apartment Homes | Plan B | 1BR,1BA | $3.26 |
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Best Local Schools in Lake Forest, CA
Foothill Ranch Elementary
Serrano Intermediate
School data provided by Great Schools
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Getting Around Lake Forest, CA
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Forest Apartments
What is the Cheapest Studio apartment in Lake Forest?
Currently the most affordable Cheap Studio Apartment in Lake Forest is at The Meridian at Laguna Hills - 55+ Senior Apartments listed at $1,895.
How much is rent for a Cheap One Bedroom Lake Forest Apartment?
The lowest price for a Cheap One Bedroom Lake Forest Apartment is $2,170 at Saddleback Ranch Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Forest is starting from $2,740 at Timbers Apartments, El Toro.
What is the most affordable Lake Forest Three Bedroom Apartment?
The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at Cortesia at Rancho Santa Margarita and starts from $3,693.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.