Apartments for Rent in Rancho Santa Margarita, CA

Prices and availability in Rancho Santa Margarita, CA were last updated on 24 Oct 2026.

The best apartments in Rancho Santa Margarita, CA are: 55+ Remington at Ladera Ranch, Avila at Rancho Santa Margarita, 55+ Community FountainGlen Rancho Santa Margarita, 59 Vía Barcelona and 28 Via Helena.

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 $2,411 and $2,521.

The price range for a 1-bedroom apartment in Rancho Santa Margarita, CA is between $2,314 and $3,962.

The price range for a 2-bedroom apartment in Rancho Santa Margarita, CA is between $2,931 and $5,636.

In Rancho Santa Margarita, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Rancho Santa Margarita's rentals, 65% are small-scale complexes with under 50 units, and 15% are single-family rentals.

The average age of rental buildings in Rancho Santa Margarita is 30 years old, with 5% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Rancho Santa Margarita come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 56% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Rancho Santa Margarita. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.