Cheap Apartments for Rent in Lake Forest, CA from $1,200 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Forest.

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Forest Glen
1 Bedroom Apartments

Forest Glen

25092 Farthing StLake Forest, CA 92630
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Anton Portola
1 to 2 Bedroom Apartments

Anton Portola

100 FountainheadIrvine, CA 92618
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Alicia Village
1 to 2 Bedroom Apartments

Alicia Village

25211 Stockport StLaguna Hills, CA 92653
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Alicia Plaza
1 to 2 Bedroom Apartments

Alicia Plaza

25212 Stockport StLaguna Hills, CA 92653
Showing Results 1-20, Page 1 of 1

Lake Forest, CA Local Guide

Cheapest Neighborhoods for Apartments in Lake Forest, CA

Pricing Updated: 03/24/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Pacific Commerce Center$4,645$2,1981129
Serrano Highlands$4,645$2,1981313
Rancho de los Alisos$4,780$2,1981455

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. SYCAMORE LANE APARTMENT HOMES in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,180. Here is today’s list of the most affordable Lake Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meridian at Laguna Hills - 55+ Senior ApartmentsStudioStudio,1BA$1,895
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,180
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,198
Los Alisos at Mission ViejoStudio E1AStudio,1BA$2,235
Westridge Apartment HomesNavahoStudio,1BA$2,240

Best Value Apartments for Rent in Lake Forest, CA

As of March 24, 2025 the best value apartment in the Lake Forest area is the $3.33 price per square foot Residence 6 Luxury Model at Paloma Summit Condominium Rentals in the in the Pacific Commerce Center neighborhood starting from $3,885. The second greatest value Lake Forest apartment is the Plan C Model at Ridgecrest Apartments starting at $3,219 with a $2.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Paloma Summit Condominium RentalsResidence 6 Luxury3BR,2BA$3.33
Ridgecrest ApartmentsPlan C2BR,2BA$2.91
Trabuco Villas2 Bed 2 Bath Up2BR,2BA$2.96
Timbers Apartments, El Toro2 BDRM/1 BATH FIREPLACE2BR,1BA$2.84
Sonterra at Foothill RanchHeather2BR,2BA$3.27
SkyviewThe Cascades2BR,1BA$3.14
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
eaves Lake ForestA11BR,1BA$3.29
Alicia PlazaPlan B1BR,1BA$3.31
Spring Lakes Apartment HomesPlan B1BR,1BA$3.26

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Best Local Schools in
Lake Forest, CA

School data provided by Great Schools

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See the most popular apartments and homes in Lake Forest, CA

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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 $2,198 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 $2,610 at Alicia Village.

What is the most affordable Lake Forest Three Bedroom Apartment?

The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at Sonterra at Foothill Ranch and starts from $3,738.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.