| 1 BED | $2,841+ |
| 2 BEDS | $2,852+ |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| 1 BED | $1,968+ |
| 2 BEDS | $3,015+ |
| 3 BEDS | $3,800 |
| STUDIO | $2,223+ |
| 1 BED | $2,484+ |
| 2 BEDS | $2,924+ |
| 1 BED | $2,689+ |
| 2 BEDS | $3,365+ |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| 3 BEDS | Ask for Pricing |
| STUDIO | $2,218+ |
| 1 BED | $2,164+ |
| 2 BEDS | $2,995+ |
| 1 BED | $2,423+ |
| 2 BEDS | $2,892+ |
Rental prices in Lake Forest, Orange County, CA have increased by 0.42% over the past year. The average rent moved from $2,829 to $2,841.
Compared to the national average rent of $1,743, the average rent in Lake Forest, Orange County, CA is $2,841.
The average monthly rent of apartments in Lake Forest, Orange County, CA is $2,841.
About 33% of apartment rents in Lake Forest, Orange County, CA range between > $3,000. Around 38% of Lake Forest’s apartments are in the $2,501-$3,000 price range. 28% of apartments are priced between $2,001-$2,500.
The largest share of rentals in Lake Forest, Orange County, CA (38%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Lake Forest, Orange County, CA were last updated on 26 Nov 2025.
The best apartments in Lake Forest, Orange County, CA are: Ridgecrest Apartments, SERRANO HIGHLANDS APARTMENT HOMES, Forest Glen, Timbers Apartments, El Toro and Mountain View Apartments.
The average rent in Lake Forest, Orange County, CA is $2,837.
The price range for a 1-bedroom apartment in Lake Forest, Orange County, CA is between $1,000 and $5,687.
The price range for a 2-bedroom apartment in Lake Forest, Orange County, CA is between $2,801 and $8,663.
In Lake Forest 29% of the housing is rented out compared to 71% of homes are owned, according to the most recent Census Bureau estimates. 13% of Lake Forest’s apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 24% 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 Lake Forest are about 33 years old, on average. Of these, 20% 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 2 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 Lake Forest are around 0% of rentals, while 1-bedroom floor plans represent 50% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Located southwest of Los Angeles, Lake Forest is a small city in Orange County, California. Known formerly as “El Toro,” the city attracts renters and residents looking for a comfortable lifestyle, stable economy, lush greenery, and diverse community. The small city charm with big-city amenities and the thriving business community make Lake Forest one of the most popular spots for renters relocating from other U.S. cities. Lake Forest is great for renters who love summers, as the temperature typically varies from 47°F to 83°F and rarely goes below 40°F throughout the year. There is almost no snow and minimal rain throughout the year, allowing renters and residents to explore the numerous parks, trails, forests, and outdoor sports opportunities.
Most properties in Lake Forest are owner-occupied, but there are still enough rental options to choose from in planned neighborhoods throughout the city. While most properties were built before 2000, new developments in planned communities with apartments for rent in Lake Forest are also available. Lake Forest’s rental market is diverse, including lakefront properties, single-family homes, equestrian estates and mansions, townhouses, mobile home parks, retirement communities, and apartments for rent. For renters looking for new apartments in Lake Forest, The Meadows, Mountain View, Portola Center, Serrano Summit, and Teresina are planned neighborhoods currently under development. Being a rent-controlled state, California landlords can only increase the yearly rent for 5% plus inflation, capped at 10%. They may collect a reasonable late rent fee, a pre-paid rent, and a security deposit not higher than two months’ rent for unfurnished apartments and three months’ rent for furnished apartments. Terminating the rent lease requires a previous 30 or 60 days’ written notice.
While there aren’t any big malls in Lake Forest, several shopping venues are available for local renters to explore: Lake Forest Town Center, Lake Forest Gateway Shopping Center, and Foothill Ranch Towne Center are the most popular. For more extensive shopping, dining, and entertainment options, renters head to the nearby open-air Irvine Spectrum Center. Most big-box grocery and home goods shopping stores are located near the city’s borders, along Interstate 5. For grocery shopping, renters head to Trader Joe’s, Costco, Walmart, Target, The Home Depot, as well as local markets.
While there are multiple transportation options, a car is the primary means of transport residents and renters use in Lake Forest. Interstate 5, California State Route 241, and County Road S18 give access to Los Angeles, San Diego, the Inland Empire, and other neighboring areas. The Orange County Transportation Authority provides public bus transport with several stops in the city. AMTRAK and Metrolink are the primary commuter rail service providers for renters traveling by train. Several walking and biking trails are available in the city, but the longest ones are located in the national parks and surrounding woods. Renters looking for ridesharing options have Uber and Lyft available. Located 13 miles away, John Wayne Airport is the closest international airport.
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