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

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Search the lowest-cost Apartments available for rent right now in Rancho Santa Margarita.

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54 Cardinal

Rancho Santa MargaritaCA92688
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eaves Mission Viejo
1 to 2 Bedroom Apartments

eaves Mission Viejo

24950 Via Florecer ViaMission Viejo, CA 92692
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Rancho Santa Margarita, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Santa Margarita, CA

Pricing Updated: 04/08/2025

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$3,558$2,13081
Tijeras Creek Golf Club$3,955$2,130205
Las Flores$4,105$2,23557
Rancho Santa Margarita Central$4,711$2,13547

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 $1,898. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,099. Here is today’s list of the most affordable Rancho Santa Margarita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
55+ FountainGlen Rancho Santa MargaritaSedonaStudio,$1,898
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,099
Villa La Paz Apartment HomesPlan D1BR,1BA$2,130
Cortesia at Rancho Santa MargaritaSiena A11BR,1BA$2,153
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,174

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of April 08, 2025 the best value apartment in the Rancho Santa Margarita area is the $2.79 price per square foot 32BL Model at Crestwood Apartment Homes in the in the Mission Viejo North neighborhood starting from $3,345. The second greatest value Rancho Santa Margarita apartment is the Plan B Model at Ridgecrest Apartments starting at $3,111 with a $2.96 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crestwood Apartment Homes32BL3BR,2BA$2.79
Ridgecrest ApartmentsPlan B2BR,2BA$2.96
Villas Aliento Apartment HomesPlan 22BR,2BA$3.15
Avila at Rancho Santa MargaritaA21BR,1BA$3.00
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
The HighlandsPlan A11BR,1BA$3.32
Las Flores Apartment HomesPlan A1BR,1BA$3.51
Saddleback Ranch Apartments1 Bed 1 Bath Down1BR,1BA$3.36
Siena TerraceNaples1BR,1BA$3.48
Cortesia at Rancho Santa MargaritaSiena A11BR,1BA$3.50

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Best Local Schools in
Rancho Santa Margarita, CA

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Explore Rancho Santa Margarita, CA Rentals by Map

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See the most popular apartments and homes 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 $1,898.

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 $2,121 at Saddleback Ranch Apartments.

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 $2,655 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 Crestwood Apartment Homes and starts from $3,345.

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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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.

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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.

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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.

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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.