Cheap Homes for Rent in Mission Viejo, CA from $1,300 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Mission Viejo.

property at 267 Chaumont Cir

267 Chaumont Cir

Lake ForestCA92610
property at 19605 Agria Way

19605 Agria Way

Lake ForestCA92679

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.

Mission Viejo, CA Local Guide

Cheapest Neighborhoods for Apartments in Mission Viejo, CA

Pricing Updated: 04/18/2025

Current apartment rentals in the Mission Viejo, CA area range in price from $1,895 to $9,627 with an overall median price of $3,764. The three Mission Viejo neighborhoods with the lowest median rent pricing are Aliso at $1,895, California Colony at $2,056, and Evergreen Ridge at $2,056. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Mission Viejo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Aliso$3,342$1,89556
California Colony$3,390$2,056113
Evergreen Ridge$3,390$2,05695
Mission Viejo North$3,390$2,05678
Rancho Santa Margarita North$3,390$2,135111
Cordova South$3,970$2,200168
Country Club Area$3,970$1,895204
Emerald Pointe$3,970$2,200168
Finisterra Green - Baja$3,970$1,895208
Highland Park$3,970$2,200171

Cheapest Available Mission Viejo Apartments for Rent

 

The cheapest available apartment rental in Mission Viejo, 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. 55+ FountainGlen Rancho Santa Margarita in the Rancho Santa Margarita North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,949. Here is today’s list of the most affordable Mission Viejo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meridian at Laguna Hills - 55+ Senior ApartmentsStudioStudio,1BA$1,895
55+ FountainGlen Rancho Santa MargaritaSedonaStudio,$1,949
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,077

Best Value Apartments for Rent in Mission Viejo, CA

As of April 18, 2025 the best value apartment in the Mission Viejo area is the $2.83 price per square foot Lourdes Model at Bellecour Way Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,555. The second greatest value Mission Viejo apartment is the 32CL Model at Crestwood Apartment Homes starting at $3,390 with a $2.83 price per square foot in the Mission Viejo North neighborhood. Here is today’s list of the best values for Mission Viejo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellecour Way Apartment HomesLourdes2BR,2.5BA$2.83
Crestwood Apartment Homes32CL3BR,2BA$2.83
Trabuco Villas2 Bed 2 Bath Up2BR,2BA$2.78
Ridgecrest ApartmentsPlan B2BR,2BA$3.16
Timbers Apartments, El Toro2 BDRM/1 BATH2BR,1BA$2.67
Laurel Vista Apartment HomesPlan 32BR,2BA$3.15
Apex Laguna Niguel ApartmentsA61BR,1BA$3.13
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.16
26972 El Retiro, Unit Attached unit26972 El RetiroStudio ,1BA$3.14

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Mission Viejo

What type of rentals are currently available in Mission Viejo?

There are currently 170 Apartments for Rent in Mission Viejo, CA with pricing that ranges from $1,895 to $9,627. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mission Viejo ranging from $1,350 to $26,000.

What is the current price range for Rental Homes in Mission Viejo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mission Viejo ranges from $1,350 to $26,000 with an average monthly rent of $4,801.

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.