169 Avenida Majorca
Laguna WoodsCA92637
Cheap Homes for Rent in Lake Forest, CA from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Forest.
23232 Orange Ave, Unit 2
23232 Orange Ave
Lake ForestCA92630
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.
2328 Via Mariposa W
Laguna WoodsCA92637
23241 La Glorieta, Unit 59
23241 La Glorieta
Mission ViejoCA92691
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.
2296 Via Puerta, Unit N
2296 Via Puerta
Laguna WoodsCA92637
26408 Via Roble, Unit 8
26408 Via Roble
Mission ViejoCA92691
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.
239 Calle Aragon
Laguna WoodsCA92637
Showing Results 1-7, Page 1 of 1
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 a home in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 2 Bedroom Homes for Rent | $3,252 | $2,700 | $4,350 |
| Lake Forest 3 Bedroom Homes for Rent | $4,600 | $1,300 | $6,000 |
| Lake Forest 4 Bedroom Homes for Rent | $6,682 | $4,950 | $10,000+ |
| Lake Forest 5 Bedroom Homes for Rent | $7,489 | $5,000 | $10,000+ |
| Lake Forest 6 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Top Homes for Rent in Lake Forest
Explore 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 |
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 |
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 Lake Forest area?
If you’re an expert on all things Lake Forest, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 141 Apartments for Rent in Lake Forest, CA with pricing that ranges from $1,895 to $9,068. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,300 to $11,995.
What is the current price range for Rental Homes in Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,300 to $11,995 with an average monthly rent of $5,365.
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.
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.