Apartments for Rent in Rancho Santa Margarita, CA

Prices and availability in Rancho Santa Margarita, CA were last updated on 4 Oct 2026.

The best apartments in Rancho Santa Margarita, CA are: 55+ Remington at Ladera Ranch, 55+ Community FountainGlen Rancho Santa Margarita, Avila at Rancho Santa Margarita and 59 Vía Barcelona.

The average rent in Rancho Santa Margarita, CA is $2,769.

The price range for a studio apartment in Rancho Santa Margarita, CA is between $2,190 and $2,728.

The price range for a 1-bedroom apartment in Rancho Santa Margarita, CA is between $2,118 and $4,183.

The price range for a 2-bedroom apartment in Rancho Santa Margarita, CA is between $2,190 and $5,704.

In Rancho Santa Margarita 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 19% of Rancho Santa Margarita's apartments are found in large buildings of 50 units or more, 65% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Rancho Santa Margarita are about 30 years old, on average. Of these, 5% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Rancho Santa Margarita are around 2% of rentals, while 1-bedroom floor plans represent 56% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 41% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.