Cheap Apartments for Rent in Rancho Santa Margarita, CA from $1,800 (21 Rentals)

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Explore the Best Cheap Apartments in Rancho Santa Margarita for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Emerald Court Apartment Homes
Rent Specials
from $2,2251 to 2 Bedroom Apartments Available Now

Emerald Court Apartment Homes

21141-21142 Canada RdLake Forest, CA 92630
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Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 01/04/2025

Current apartment rentals in the Rancho Santa Margarita, 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 Rancho Santa Margarita Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Samlarc$3,953$1,885103
Rancho Santa Margarita Central$4,005$1,88585
Las Flores$4,050$2,235175
Tijeras Creek Golf Club$4,050$1,060268

Cheapest Available Rancho Santa Margarita Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rancho Santa Margarita, CA is a 1 Bed unit found at 55+ FountainGlen Rancho Santa Margarita in the Rancho Santa Margarita North neighborhood priced from $1,885. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,036. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
55+ FountainGlen Rancho Santa MargaritaPalermo1BR,1BA$1,885
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$2,036
Los Alisos at Mission ViejoOne Bedroom A1B1BR,1BA$2,169
Mosaic Apartment HomesPlan AStudio,1BA$2,195
Heritage Park Senior Apartment HomesPlan B1BR,1BA$2,210

Best Value Apartments for Rent in Rancho Santa Margarita, CA and Nearby

As of January 04, 2025 the best value apartment in the Rancho Santa Margarita area is the $2.75 price per square foot 32B Model at Crestwood Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,295. The second greatest value Rancho Santa Margarita apartment is the Portofino Model at Siena Terrace starting at $2,671 with a $2.97 price per square foot in the Mission Viejo North neighborhood. Here is today’s list of the best values for Rancho Santa Margarita apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crestwood Apartment Homes32B3BR,2BA$2.75
Siena TerracePortofino2BR,2BA$2.97
eaves Mission ViejoB22BR,2BA$3.12
The HighlandsPlan B12BR,2BA$3.28
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
River Oaks Apartments1 BR 1 BA Premium w/Garage1BR,1BA$3.28
SERRANO HIGHLANDS APARTMENT HOMESMonterey1BR,1.2BA$3.12
Emerald Court Apartment HomesPlan 21BR,1BA$3.18
Westridge Apartment HomesSu Casa1BR,1BA$3.29
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$3.13

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Rancho Santa Margarita, CA

Ranked #335

Among cities in California for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rancho Santa Margarita, CA Rentals by Map

View MapRancho Santa Margarita, CA Apartments MapView MapRancho Santa Margarita, CA Rental Homes Map

Getting Around Rancho Santa Margarita, CA

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Rancho Santa Margarita Apartments

What is the Cheapest Studio apartment in Rancho Santa Margarita?

Currently the most affordable Cheap Studio Apartment in Rancho Santa Margarita is at Mosaic Apartment Homes listed at $2,195.

How much is rent for a Cheap One Bedroom Rancho Santa Margarita Apartment?

The lowest price for a Cheap One Bedroom Rancho Santa Margarita Apartment is $1,885 at 55+ FountainGlen Rancho Santa Margarita.

What is the lowest price for a Cheap Two Bedroom Rancho Santa Margarita Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rancho Santa Margarita is starting from $2,520 at Heritage Square Senior Apartment Homes.

What is the most affordable Rancho Santa Margarita Three Bedroom Apartment?

The best deal on a cheap Rancho Santa Margarita Three Bedroom Apartment rental is at Crestwood Apartment Homes and starts from $3,225.

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.

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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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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.