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from $2,240Studio to 2 Bedroom Apartments Available Now
Westridge Apartment Homes
26571 Normandale DrLake Forest, CA 92630
Cheap Apartments for Rent in Lake Forest, CA from $1,200 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Forest.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,895Studio to 1 Bedroom Apartments Available Now
The Meridian at Laguna Hills - 55+ Senior Apartments
24552 Paseo de ValenciaLaguna Hills, CA 92653
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
from $2,0531 to 3 Bedroom Apartments Available Now
Saddleback Ranch Apartments
23151 Los Alisos BlvdMission Viejo, CA 92691
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from $2,169Studio to 2 Bedroom Apartments Available Now
SYCAMORE LANE APARTMENT HOMES
25162 Charlinda DrMission Viejo, CA 92691
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from $2,2981 to 2 Bedroom Apartments Available Now
Vista Del Lago
21622 Marguerite PkyMission Viejo, CA 92692
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Studio to 1 Bedroom Apartments
The Whispering Fountains at Laguna Woods
24300 El Toro RdLaguna Woods, CA 92637
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Lake Forest, CA Local Guide
Limestone Canyon Regional Park by OCParks_CA is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Forest Studio Apartments | $2,732 | $1,895 | $4,395 |
| Cheap Lake Forest 1 Bedroom Apartments | $3,298 | $2,053 | $7,557 |
| Cheap Lake Forest 2 Bedroom Apartments | $3,914 | $2,692 | $9,068 |
| Cheap Lake Forest 3 Bedroom Apartments | $4,031 | $3,395 | $4,650 |
Browse Top Apartments in Lake Forest
See all Apartments in Lake ForestExplore Lake Forest
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: 05/18/2025Current 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 |
|---|---|---|---|
| Rancho de los Alisos | $4,210 | $2,074 | 60 |
| Serrano Highlands | $4,210 | $2,074 | 67 |
| Pacific Commerce Center | $4,568 | $2,074 | 60 |
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 $2,053. 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 | Villa - Studio | Studio,1BA | $1,895 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,053 |
| Alicia Village | Plan A | 1BR,1BA | $2,090 |
| Westridge Apartment Homes | Su Casa | 1BR,1BA | $2,115 |
| SYCAMORE LANE APARTMENT HOMES | Aloe | Studio,1BA | $2,169 |
Best Value Apartments for Rent in Lake Forest, CA
As of May 18, 2025 the best value apartment in the Lake Forest area is the $2.91 price per square foot 2 Bed 2 Bath Up Model at Trabuco Villas in the in the Mission Viejo Central neighborhood starting from $3,199. The second greatest value Lake Forest apartment is the Plan B Model at Ridgecrest Apartments starting at $3,161 with a $3.01 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. |
|---|---|---|---|
| Trabuco Villas | 2 Bed 2 Bath Up | 2BR,2BA | $2.91 |
| Ridgecrest Apartments | Plan B | 2BR,2BA | $3.01 |
| Timbers Apartments, El Toro | 2 BDRM/1 BATH | 2BR,1BA | $2.74 |
| River Oaks Apartments | 2 BR 2 BA Garage | 2BR,2BA | $3.17 |
| Alicia Village | Plan C | 2BR,2BA | $3.20 |
| Cortesia at Rancho Santa Margarita | Venice A2 | 1BR,1BA | $3.02 |
| 154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.04 |
| Saddleback Ranch Apartments | 1 Bed 1 Bath Down | 1BR,1BA | $2.75 |
| eaves Lake Forest | A1 | 1BR,1BA | $3.16 |
| Trabuco Woods Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $3.19 |
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Best Local Schools in Lake Forest, CA
Foothill Ranch Elementary
Saddleback Valley Unified School District
Public School - Grades K-6 (1056)
7 out of 10
Serrano Intermediate
Saddleback Valley Unified School District
Public School - Grades 7-8 (977)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Forest, CA Rentals by Map
See the most popular apartments and homes in Lake Forest, CA
Lake Forest, CA Apartments MapLake Forest, CA Rental Homes MapGetting 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 $2,053 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 $2,710 at Alicia Village.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.