Rancho Santa Margarita, CA Rental Market Trends
Highlights
The average rent for an apartment in Rancho Santa Margarita is $2,039, a 1% increase compared to the previous year, when the average rent was $2,024.
Average Rent in Rancho Santa Margarita, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,039 | 1% | 828 sq. ft. |
The average size for a Rancho Santa Margarita, CA apartment is 828 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Rancho Santa Margarita, CA Apartment Rent Ranges
- $1,501-$2,00054%
- > $2,00046%
Rancho Santa Margarita, CA Occupied Housing Units
- Renter-occupied Households24%
- Owner-occupied Households75%
4,140 or 24% of the households in Rancho Santa Margarita, CA are renter-occupied while 13,052 or 75% are owner-occupied.
Rancho Santa Margarita, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Mar / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Rancho Santa Margarita, CA | $1,894 | $1,894 | $1,942 | $1,950 | $1,982 | $2,024 | $2,041 | $1,982 | $2,039 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
How Rancho Santa Margarita Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,354 | -6% |
| San Francisco | $2,999 | -18% |
| East Bay | $2,307 | -2% |
| San Diego | $2,179 | -2% |
| Palo Alto | $2,940 | -11% |
| Long Beach | $2,155 | 2% |
| Anaheim | $1,887 | n/a |
| Riverside | $1,694 | 5% |
| Costa Mesa | $2,119 | n/a |
| Santa Ana | $1,975 | n/a |
| Rancho Santa Margarita | $2,039 | 1% |
For more information about the Rancho Santa Margarita rental trends, check out our monthly rent report
Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent.
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