Cheap Apartments for Rent in Rancho Santa Margarita, CA from $2,000 (31 Rentals)

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

property at 96 Flor De Sol

96 Flor De Sol, Unit NA

96 Flor De Sol
Rancho Santa MargaritaCA92688

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property at 31611 Vía Conejo

31611 Vía Conejo

Coto De CazaCA92679
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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: 04/28/2025

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$3,919$2,13578
Tijeras Creek Golf Club$3,972$2,155191
Las Flores$3,975$2,15547
Rancho Santa Margarita Central$4,833$2,13562

Cheapest Available Rancho Santa Margarita Apartments for Rent

 

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 $2,055. Saddleback Ranch Apartments in the Mission Viejo Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,056. 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$2,055
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$2,056
Westridge Apartment HomesNavahoStudio,1BA$2,125
Villas Aliento Apartment HomesPlan 4Studio,1BA$2,135
Mosaic Apartment HomesPlan AStudio,1BA$2,155
Heritage Square Senior Apartment HomesPlan 11BR,1BA$2,165
Avila at Rancho Santa MargaritaA11BR,1BA$2,169
SYCAMORE LANE APARTMENT HOMESAloeStudio,1BA$2,169
Heritage Park Senior Apartment HomesPlan A1BR,1BA$2,195
Villa La Paz Apartment HomesPlan A1BR,1BA$2,230

Best Value Apartments for Rent in Rancho Santa Margarita, CA

As of April 28, 2025 the best value apartment in the Rancho Santa Margarita area is the $2.75 price per square foot 32BL 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 Plan B Model at Ridgecrest Apartments starting at $3,329 with a $3.17 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$2.75
Ridgecrest ApartmentsPlan B2BR,2BA$3.17
Avila at Rancho Santa MargaritaB22BR,2BA$3.06
154 Canyon Woods Apartments1 Bedroom / 1 Bath1BR,1BA$3.04
The HighlandsPlan A11BR,1BA$3.26
Las Flores Apartment HomesPlan A1BR,1BA$3.43
Trabuco Woods Apartment Homes1 Bed 1 Bath1BR,1BA$3.16
Laurel Canyon Apartment HomesPlan 11BR,1BA$3.44
Siena TerraceNaples1BR,1BA$3.52
Saddleback Ranch Apartments1 Bed 1 Bath Up1BR,1BA$3.07

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Best Local Schools in
Rancho Santa Margarita, CA

School data provided by Great Schools

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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 Westridge Apartment Homes listed at $2,125.

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 $2,055 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 $2,708 at Skyview.

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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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.

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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.

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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.