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Cheap Apartments for Rent in Rancho Santa Margarita, CA

92 Rentals Available
Cheap Apartments for Rent in Rancho Santa Margarita, CA. 92 Rentals Available
Apartments Under $1,500 Apartments Under $2,100 Apartments Under $2,300 Apartments Under $2,500 Apartments Under $2,700 Apartments Under $2,900

Apartments Under $1,500

Apartments Under $2,100

  • our apartments have a large swimming pool and lounge chairs
    34
    Today

    23151 Los Alisos Blvd, Mission Viejo, CA 92691
    1 BED $1,948+
    2 BEDS $3,015+
    3 BEDS $3,800

Apartments Under $2,300

  • a living room with a couch and a table and a kitchen
    17
    6 days ago

    30751 El Corazon, Rancho Santa Margarita, CA 92688
    STUDIO $2,218+
    1 BED $2,164+
    2 BEDS $2,984+
  • a living room with a couch and a table
    29
    7 days ago

    25162 Charlinda Drive, Mission Viejo, CA 92691
    STUDIO $2,223+
    1 BED $2,488+
    2 BEDS $2,915+
  • a living room with furniture and a table
    5
    Today

    25092 Farthing Street, Lake Forest, CA 92630
    1 BED $2,250+
    2 BEDS $3,078+
  • a living room with a couch and a coffee table
    42
    Today

    25211 Stockport, Laguna Hills, CA 92653
    1 BED $2,260+
    2 BEDS $2,560+

Apartments Under $2,500

  • a living room with a couch and a coffee table
    21
    Today

    24555 Los Alisos Blvd., Laguna Hills, CA 92653
    1 BED $2,301+
    2 BEDS $2,915+
  • the living room of an apartment with a couch and a table
    34
    Today

    25212 Stockport, Laguna Hills, CA 92653
    1 BED $2,330+
    2 BEDS $2,870
  • upgraded kitchen, quartz, new appliances
    32
    Today

    27550 Hillcrest, Mission Viejo, CA 92691
    1 BED $2,405
    2 BEDS $3,000
  • a living room and dining room with a white table and chairs
    16
    Today

    22751 El Prado, Rancho Santa Margarita, CA 92688
    1 BED $2,426+
    2 BEDS $2,766+
  • a living room with two chairs and a fireplace
    10
    6 days ago

    21486 Lake Forest Drive, Lake Forest, CA 92630
    1 BED $2,434+
    2 BEDS $2,801+
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  • a living room with blue couches and a table
    26
    Today

    26600 Oso Parkway, Mission Viejo, CA 92691
    STUDIO Ask for Pricing
    1 BED $2,455+
    2 BEDS $3,135+

Apartments Under $2,700

  • a living room filled with furniture and a book shelf
    5
    6 days ago

    25501 Crown Valley Parkway, Ladera Ranch, CA 92694
    1 BED $2,608+
    2 BEDS $3,624+
  • A living room with a red couch and a black cabinet.
    29
    Today

    26033 Getty Drive, Laguna Niguel, CA 92677
    STUDIO $2,620+
    1 BED $2,790+
    2 BEDS $3,651+
  • A modern living room with a pool table and a bar area.
    12
    Today

    24391 Avenida De La Carlota #100, Laguna Hills, CA 92653
    1 BED $2,689+
    2 BEDS $3,476+

Apartments Under $2,900

  • A living room with a couch and a chandelier.
    1 day ago

    21834 Mirador, Mission Viejo, CA 92691
    3 BEDS $3,750
  • A kitchen with white cabinets and a stainless steel refrigerator.
    1 day ago

    211 Montana Del Lago Dr, Rancho Santa Margarita, CA 92688
    3 BEDS $3,990
  • A living room with a glass coffee table and a couch.
    1 day ago

    21416 Carabela, Mission Viejo, CA 92692
    2 BEDS $4,940
  • A kitchen with white cabinets and a wooden floor.
    1 day ago

    27915 Lucero, Mission Viejo, CA 92692
    3 BEDS $4,950
  • A modern kitchen with white cabinets and a wooden floor.
    1 day ago

    590 Catalonia, Lake Forest, CA 92630
    4 BEDS $5,700
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    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
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  • More Rentals Near Rancho Santa Margarita, CA

  • A kitchen with white cabinets and a granite countertop.
    1 day ago

    31 Ledgewood Drive, Rancho Santa Margarita, CA 92688
    4 BEDS $6,500
  • A spacious living room with a fireplace and a kitchen in the background.
    1 day ago

    22615 Summerfield, Mission Viejo, CA 92692
    4 BEDS $6,647
  • a rendering of an apartment building on a street corner
    Today

    24551 Raymond Way, Lake Forest, CA 92630
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
5-20-city
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Getting around in Rancho Santa Margarita, CA

2 /100
Car-Dependent
2 /100
Somewhat Bikeable
Walk Score®: 2, Bike Score®: 2

Frequently asked questions

What are the advantages of renting a cheap apartment in Rancho Santa Margarita, CA?

Cheap apartments in Rancho Santa Margarita, CA are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Rancho Santa Margarita, CA?

A cheap apartment in Rancho Santa Margarita, CA offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Rancho Santa Margarita, CA? With RentCafe, finding an affordable apartment in Rancho Santa Margarita, CA has never been easier. We feature 92 low-priced rentals directly from property managers, with rents lower than the Rancho Santa Margarita, CA average. What is a cheap rent in Rancho Santa Margarita, CA? The average apartment rent in Rancho Santa Margarita is $2,744 per month so any rental south of $2,195 would be considered cheap here. On RentCafe, Rancho Santa Margarita, CA rents go as low as $1,350/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!