Cheap Apartments for Rent in Santa Margarita, CA from $600 (7 Rentals)

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424 East Mill Street
1 to 4 Bedroom Apartments

424 East Mill Street

418-424 E Mill StSanta Maria, CA 93454
Student Housing
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Santa Margarita, CA Local Guide

Cheapest Available Santa Margarita Apartments for Rent and Nearby

 

The cheapest available apartment rental in Santa Margarita, CA is a 5 Beds unit found at The SLO Apartments in the Valle Vista neighborhood priced from $699. California Grand Manor Senior Apartments in the Atascadero Templeton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here is today’s list of the most affordable Santa Margarita apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The SLO ApartmentsLarge SHARED Room in a 5 Bed, 2 Bath Suite (MUS...5BR,2BA$699
California Grand Manor Senior ApartmentsStudioStudio,1BA$1,030
Sierra Sands2 Bedroom 1 Bath2BR,1BA$1,088

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

As of March 25, 2025 the best value apartment in the Santa Margarita area is the $2.65 price per square foot Three Bedroom Townhome Model at ReNew Atascadero in the in the Atascadero Templeton neighborhood starting from $3,395. The second greatest value Santa Margarita apartment is the 3 Bedroom 2 Bath Model at Sierra Sands starting at $1,258 with a $1.17 price per square foot in the Harvest Glen neighborhood. Here is today’s list of the best values for Santa Margarita apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ReNew AtascaderoThree Bedroom Townhome3BR,2.5BA$2.65
Sierra Sands3 Bedroom 2 Bath3BR,2BA$1.17
Hancock Terrace ApartmentsDecade2BR,1BA$2.45
Villa Del Rio2 Bedroom with Laundry2BR,1BA$2.82
La Plaza Villas3/1 Flat3BR,1BA$2.78
Bordeaux House ApartmentsTwo Bedroom Two Bath2BR,2BA$1.81
The Oaks at Jornada2BR/2.0BA2BR,2BA$2.54
Dry Creek212BR,1BA$2.31
Irish Hills Hamlet Apartments2BR/1.0BA2BR,1BA$2.94
California Grand Manor Senior ApartmentsStudioStudio ,1BA$1.90

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Frequently Asked Questions about Cheap Santa Margarita Apartments

What is the Cheapest Studio apartment in Santa Margarita?

Currently the most affordable Cheap Studio Apartment in Santa Margarita is at California Grand Manor Senior Apartments listed at $1,030.

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

The lowest price for a Cheap One Bedroom Santa Margarita Apartment is $1,086 at California Grand Manor Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Santa Margarita is starting from $999 at The SLO Apartments.

What is the most affordable Santa Margarita Three Bedroom Apartment?

The best deal on a cheap Santa Margarita Three Bedroom Apartment rental is at Sierra Sands and starts from $1,258.

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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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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