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. Sierra Sands in the Harvest Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. 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
Sierra Sands1 Bedroom 1 Bath1BR,1BA$905
California Grand Manor Senior ApartmentsStudioStudio,1BA$1,030

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

As of March 22, 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 2 Bedroom with Laundry Model at Villa Del Rio starting at $2,750 with a $2.82 price per square foot in the The Summit 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
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
Hancock Terrace ApartmentsDeco1BR,1BA$2.88
Sierra Sands1 Bedroom 1 Bath1BR,1BA$1.61
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 $905 at Sierra Sands.

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 $1,088 at Sierra Sands.

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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