
Cheap Apartments for Rent in Rancho Santa Margarita, CA from $1,900 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Rancho Santa Margarita.


Villa La Paz Apartment Homes

eaves Santa Margarita

Cortesia at Rancho Santa Margarita

Villas Antonio Apartment Homes

Avila at Rancho Santa Margarita

The Highlands

Skyview

55+ FountainGlen Rancho Santa Margarita

Saddleback Ranch Apartments

SYCAMORE LANE APARTMENT HOMES

Los Alisos at Mission Viejo

Mosaic Apartment Homes

Westridge Apartment Homes

154 Canyon Woods Apartments

Adagio on the Green

The Arbors

River Oaks Apartments

Alicia Viejo Apartment Homes

23195 Mesto

26321 Marsala Way

26832 Belleza Cir
Rancho Santa Margarita, CA Local Guide

How much does it cost to rent an apartment in Rancho Santa Margarita?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Rancho Santa Margarita Studio Apartments | $2,287 | $2,135 | $2,587 |
Cheap Rancho Santa Margarita 1 Bedroom Apartments | $2,678 | $2,170 | $6,756 |
Cheap Rancho Santa Margarita 2 Bedroom Apartments | $3,278 | $2,760 | $6,088 |
Cheap Rancho Santa Margarita 3 Bedroom Apartments | $4,330 | $3,693 | $6,549 |
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Rancho Santa Margarita, CA Local Guide
- Rancho Santa Margarita Neighborhoods
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Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA
Pricing Updated: 03/29/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Samlarc | $3,703 | $2,135 | 92 |
Las Flores | $3,975 | $2,183 | 156 |
Tijeras Creek Golf Club | $3,995 | $2,180 | 219 |
Rancho Santa Margarita Central | $4,255 | $2,135 | 64 |
Cheapest Available Rancho Santa Margarita Apartments for Rent
 The cheapest available apartment rental in Rancho Santa Margarita, CA is a Studio unit found at 55+ FountainGlen Rancho Santa Margarita in the Rancho Santa Margarita North neighborhood priced from $1,941. Villas Aliento Apartment Homes in the Rancho Santa Margarita North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,135. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
55+ FountainGlen Rancho Santa Margarita | Sedona | Studio, | $1,941 |
Villas Aliento Apartment Homes | Plan 4 | Studio,1BA | $2,135 |
Saddleback Ranch Apartments | 1 Bed 1 Bath Up | 1BR,1BA | $2,170 |
Villa La Paz Apartment Homes | Plan D | 1BR,1BA | $2,180 |
SYCAMORE LANE APARTMENT HOMES | Aloe | Studio,1BA | $2,183 |
Mosaic Apartment Homes | Plan A | Studio,1BA | $2,235 |
eaves Santa Margarita | A1 | 1BR,1BA | $2,235 |
Los Alisos at Mission Viejo | Studio E1A | Studio,1BA | $2,235 |
Westridge Apartment Homes | Navaho | Studio,1BA | $2,280 |
Heritage Park Senior Apartment Homes | Plan B | 1BR,1BA | $2,285 |
Best Value Apartments for Rent in Rancho Santa Margarita, CA
As of March 29, 2025 the best value apartment in the Rancho Santa Margarita area is the $3.29 price per square foot Residence 6 Luxury Model at Paloma Summit Condominium Rentals in the in the Pacific Commerce Center neighborhood starting from $3,838. The second greatest value Rancho Santa Margarita apartment is the Plan C Model at Ridgecrest Apartments starting at $3,205 with a $2.90 price per square foot in the Mission Viejo Central neighborhood. Here is today’s list of the best values for Rancho Santa Margarita apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Paloma Summit Condominium Rentals | Residence 6 Luxury | 3BR,2BA | $3.29 |
Ridgecrest Apartments | Plan C | 2BR,2BA | $2.90 |
Sonterra at Foothill Ranch | Heather | 2BR,2BA | $3.17 |
River Oaks Apartments | 2 BR 2 BA Garage | 2BR,2BA | $3.17 |
Skyview | Mt.Denali | 2BR,2BA | $3.27 |
Crestwood Apartment Homes | 21A | 2BR,1BA | $3.42 |
eaves Mission Viejo | B2 | 2BR,2BA | $3.36 |
Avila at Rancho Santa Margarita | A2 | 1BR,1BA | $2.96 |
154 Canyon Woods Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $3.04 |
The Highlands | Plan A1 | 1BR,1BA | $3.26 |
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Best Local Schools in Rancho Santa Margarita, CA
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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
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 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 55+ FountainGlen Rancho Santa Margarita listed at $1,941.
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 $2,073 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 $2,690 at Heritage Park 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 Cortesia at Rancho Santa Margarita and starts from $3,693.
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.

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.

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.

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.

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.