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97 Apartments for rent in Lake Forest, CA

Read Guide >
Last updated September 21 at 8:57PM
25885 Trabuco Road
Rancho de los Alisos
Lake Forest, CA
Updated September 21 at 7:42PM
2 Bedrooms
$2,050
22845 Orchid Creek Lane
Lake Forest
Lake Forest, CA
Updated September 21 at 7:41PM
2 Bedrooms
$2,300
21852 Ute Way
Serrano Highlands
Lake Forest, CA
Updated September 18 at 6:28PM
4 Bedrooms
$3,400
22942 Council Bluffs Avenue
Lake Forest
Lake Forest, CA
Updated September 14 at 3:50AM
4 Bedrooms
$3,995
19431 Rue De Valore
Foothill Ranch
Lake Forest, CA
Updated September 21 at 7:40PM
2 Bedrooms
$2,150
21882 Ute Way
Serrano Highlands
Lake Forest, CA
Updated September 21 at 2:55AM
3 Bedrooms
$3,100
19387 Cascade Drive
Portola Hills
Lake Forest, CA
Updated September 8 at 10:51AM
3 Bedrooms
$2,600
21102 Paseo Verdura
Rancho Serrano
Lake Forest, CA
Updated September 21 at 11:24AM
4 Bedrooms
$3,495
21202 Cranbridge Drive
Wind Rows
Lake Forest, CA
Updated September 20 at 3:17AM
4 Bedrooms
$3,200
69 Clover
Baker Ranch
Lake Forest, CA
Updated August 30 at 8:36PM
4 Bedrooms
$3,350
26472 Sagewood
Rancho de los Alisos
Lake Forest, CA
Updated September 14 at 3:31AM
3 Bedrooms
$2,795
21822 Eagle Lake Circle
Serrano Highlands
Lake Forest, CA
Updated September 21 at 4:23PM
5 Bedrooms
$3,600
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City Guide
Lake Forest
Moving to Lake Forest

Given the low real estate vacancy rates in some neighborhoods, a realtor might come in handy if you want to move to Lake Forest. Some of them can foresee distressed landlords from a mile away. But the best place to start would be online listings because it is free and quite informative.

Real estate rental costs in Lake Forest are among the highest in the nation; although certain cities beat it to the top of the renting order. Expect to pay way more than than the national average for a small condo, studio apartment or for a land hogging, residence.

This neighborhood is season-proof. So dont expect to get landlords running to you during winter. The best advice would be to rent when the time comes for you to move. But it's always good to look ahead of time to ensure you have enough time to scout out as many places as possible before making the life-changing decision. Your relocation could be work related or even love related. Whatever the reason it is, it'll be a good excuse to move to Lake Forest.

It's always been said that nothing last like first impressions when it comes to meeting people for the first time. And it isn't different when it comes to meeting landlords -- they are people too! So if you want to rent a house, arm yourself with anything that will speak in your favor. For example, a good credit report will show a landlord that you're fiscally responsible. So will your latest paycheck, employer’s letter, etc. Also try to get as much details about the property you seek to rent from your landlord. For example, is there a pet policy that will force you to send Clifford or Garfield away? A referral letter from you current landlord will also help you in case you are competing for the same house with another annoying potential renter.

Lake Forest Neighborhoods

One’s options are numerous when it comes to renting a place in Lake Forest. You can find a townhouse, luxury condo, and even a retirement home if you want. Below are some of the main neighborhoods in this city.

Foothill Ranch: This suburban neighborhood is loved by executives, so expect to part with a good chunk of change each month. The housing style here is majorly medium-sized family homes. The real estate vacancy rate here stands at 6.9% at the moment, so there is hope as long as you have the cash. This place is also commuter-friendly with the average commute to work taking about 30 nonredeemable minutes.

El Toro Rd Area: The average home in this metropolitan neighborhood is ideal for families. Home vacancy rate stands at 6.3%, so don’t worry about finding a place. It’s the rent that should concern you. However, due to its popularity amongst university students, expect the vacancy rate to fluctuate along with the school calendar. The typical commuting time in this neighborhood for the working class is about half an hour on the higher side.

Jeronimo Rd Area: Average rental rates in Jeronimo Rd and nearby Lake Forest Drive presently tops the charts here. If you have to stay at par with the Jones', no matter what, then this is it. With this kind of rent expect palatial homes and a vacancy rate that is wait for it 0.0%. Commuting takes 30 minutes to work and most people do it alone in their cars.

Town Hall: This is another locale that is not soft on the pocket. But with a vacancy rate of 0.0%, perhaps youre better off checking back in two months' time--or not at all if the price isn't right. Commuting to work mostly done alone driving takes about half an hour. So arriving to work late requires a pretty good excuse.

El Toro R/Portola Pky: Average rental costs in this urban enclave are relatively pocket-friendly. The vacancy rate at a friendly 8.7% makes this neighborhood quite tempting to those on a tighter budget. Expect to bump into mostly small to medium sized apartment complexes. Commuters here often invest around 30 minutes driving to work.

Glenn Ranch Rd: This area is home to mostly medium-sized single family homes. With the affordable rents here, you will settle in just fine.

Life in Lake Forest

Although Lake Forest has the appeal of a small neighborhood community, it offers its residents the convenience of living in a city. The environment is somewhat Mediterranean, and with its well-planned communities, many residents are able to live quiet a comfortable life here.

Lake Forest has very good public educational facilities. But the luckiest residents are people that love nature. There are twenty-seven parks and outdoor rec areas, so if you feeling playing sports or exercising, you'll definitely be able to find the right place to do it -- whether you love cycling, golf, hiking, boating or even swimming. One unique attraction in Lake Forest is Whiting Ranch Park, which provides acres of outdoor activities. The yearly celebration at Heritage Hill Historical Park is certainly an added draw for lots of people in the region.

The poolside cabana, outdoor tennis courts, and sand volleyball courts are just a few reasons residents leave great reviews of Siena Terrace Apartments in Lake Forest. They also rave about the leasing office staff and super responsive maintenance crew!

Rent Report
Lake Forest

September 2017 Lake Forest Rent Report

Welcome to the September 2017 Lake Forest Rent Report. Lake Forest rents increased over the past month. In this report, we'll evaluate trends in the Lake Forest rental market, including comparisons to cities throughout the metro, state, and nation.

Lake Forest rents increased significantly over the past month

Lake Forest rents have increased 0.6% over the past month, and are up significantly by 4.5% in comparison to the same time last year. Currently, median rents in Lake Forest stand at $1,840 for a one-bedroom apartment and $2,360 for a two-bedroom. Lake Forest's year-over-year rent growth is on par with the state average of 4.5%, but exceeds the national average of 3.0%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Lake Forest, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Pomona has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,470; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 10.5%.
  • Over the past year, Pasadena is the only city in the metro that has seen rents fall, with a decline of 0.5%. Median two-bedrooms there cost $2,040, while one-bedrooms go for $1,590.

Many large cities nationwide show more affordable rents compared to Lake Forest

As rents have increased in Lake Forest, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Lake Forest is less affordable for renters.

  • Rents also increased in other cities across the state, with California as a whole logging rent growth of 4.5% over the past year. For example, rents have grown by 4.6% in San Diego, 2.2% in San Jose, and 0.8% in San Francisco.
  • Lake Forest's median two-bedroom rent of $2,360 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.5% rise in Lake Forest.
  • While Lake Forest's rents rose over the past year, some cities nationwide saw decreases, including Houston (-2.4%) and DC (-0.5%).
  • Renters will generally find more expensive prices in Lake Forest than most large cities. For example, Houston has a median 2BR rent of $990, where Lake Forest is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,350 $1,740 0.5% 5.0%
Long Beach $1,350 $1,730 0.3% 3.8%
Anaheim $1,600 $2,050 0.1% 4.6%
Santa Ana $1,430 $1,830 0.3% 6.3%
Irvine $2,080 $2,670 1.5% 5.0%
Glendale $1,370 $1,760 -0.1% 0.8%
Huntington Beach $1,840 $2,360 0.5% 2.6%
Santa Clarita $1,940 $2,490 0.6% 6.6%
Pomona $1,150 $1,470 0.4% 10.5%
Pasadena $1,590 $2,040 0.3% -0.5%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.