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Apartments for Rent in Rancho Santa Margarita, CA

36 rentals available
  • 31872 Joshua Drive, Rancho Santa Margarita, CA 92679
    (949) 506-4427
    Rent Savings

    16 units available
    1 bed • 2 bed
    Amenities

    In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • 111 Via Serena, Rancho Santa Margarita, CA 92688
    (775) 204-2032
    Rent Savings

    7 units available
    1 bed • 2 bed
    Amenities

    In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • 22482 Alma Aldea, Rancho Santa Margarita, CA 92688
    (617) 934-1205

    6 units available
    2 bed
    Amenities

    W/D hookup, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more

    Verified listing
    Verified
  • 114 Aliento, Rancho Santa Margarita, CA 92688
    (949) 776-9197

    3 units available
    Studio • 1 bed
    Amenities

    On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • Rancho Santa Margarita city guide
    Everything you need to know
  • Featured Unit 1
    Best market deals
    These units are the best deal in town.
  • 2 Via Amistosa, Rancho Santa Margarita, CA 92688
    (949) 806-4799

    14 units available
    1 bed • 2 bed
    Amenities

    W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more

    Verified listing
    Verified
  • 22751 El Prado, Rancho Santa Margarita, CA 92688
    (714) 274-6705
    $2,391+ moTotal price12-mo lease

    23 units available
    1 bed • 2 bed
    Amenities

    In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more

    Verified listing
    Verified
  • $2,359
    21022 Los Alisos Boulevard, Rancho Santa Margarita, CA 92688
    (949) 247-8400
    Rent Savings

    Top rated for Location
    Love my apartment lots of closets. any issues, maintenance is here right away. The girls in the front office are wonderful. I lived in a condominium for eight years before this. I will never do that again. I’ll stay here as long as I can
    12 units available
    1 bed • 2 bed
    Amenities

    In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more

    Verified listing
    Verified
  • $2,695 moTotal price12-mo lease

    1 unit available
    1 bed
    Amenities

    On-site laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Parking + more

    Verified listing
    Verified
  • 51 Vía Pausa, Rancho Santa Margarita, CA 92688
    (949) 759-5747

    1 unit available
    2 bed
    Amenities

    Patio / balcony and Hiking trail

  • 31 Hemlock, Rancho Santa Margarita, CA 92688
    (855) 450-0442

    1 unit available
    2 bed
    Amenities

    Patio / balcony, Dishwasher, Garage, Recently renovated, Stainless steel, Pool + more

  • Featured Unit 1
    Luxury apartments
    Top units for an elevated lifestyle.
  • 23 Via Berrendo, Rancho Santa Margarita, CA 92688
    (949) 235-8565

    1 unit available
    4 bed
    Amenities

    Patio / balcony, Dishwasher, Garage, Recently renovated, Stainless steel, Walk in closets + more

  • 246 Montana Del Lago Drive, Rancho Santa Margarita, CA 92688
    (949) 625-4533

    1 unit available
    3 bed
    Amenities

    On-site laundry, Patio / balcony, Granite counters, Dishwasher, Garage, Recently renovated + more

  • 64 Lobelia, Rancho Santa Margarita, CA 92688
    (949) 458-1033

    1 unit available
    3 bed
    Amenities

    In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Garage, Recently renovated + more

  • 21406 Dahlia Court, Rancho Santa Margarita, CA 92679
    (949) 215-5000

    1 unit available
    4 bed
    Amenities

    Granite counters, Garage, and Recently renovated

  • 20891 Porter Ranch Road, Rancho Santa Margarita, CA 92679
    (949) 216-0055

    1 unit available
    4 bed
    Amenities

    On-site laundry, Dogs allowed, Garage, Walk in closets, Pool, Air conditioning + more

  • 73 Brisa Del Lago, Rancho Santa Margarita, CA 92688
    (949) 470-3600

    1 unit available
    1 bed
    Amenities

    On-site laundry, Garage, Pool, Playground, Tennis court, Clubhouse + more

Average rent in Rancho Santa Margarita, California

City Guide
The average rent for a 1 bedroom apartment in Rancho Santa Margarita is $2,507+, while the average rent for a 2 bedroom apartment is $3,093+. Rent rates updated ago
Studio
$2,305+Trending down
1 Bed
$2,507+Trending down
2 Beds
$3,093+Trending down
3+ Beds
$3,667+Trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods in Rancho Santa Margarita

  • Samlarc

    What it’s like to live in Samlarc

    Master-planned perfection defines Samlarc, where rental communities surround Rancho Santa Margarita Lake with mountain backdrops that look photoshopped in real life. The neighborhood includes walking paths connecting residential areas to the town center, creating actual walkability rare in Orange County. Most rental communities include pools, tennis courts, and landscaped common areas maintained through association fees typically included in rent. The foothills location means slightly cooler temperatures than coastal communities during summer, while winter brings occasional light frost creating seasonal atmosphere rare in Southern California. Unlike beach cities, parking remains blissfully simple, and most units include garages. When seeking outdoor recreation, O'Neill Regional Park offers extensive hiking and mountain biking trails directly from neighborhood access points.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial

More Rental Options

Find an apartment for rent in Rancho Santa Margarita, CA

Searching for an apartment for rent in Rancho Santa Margarita, CA? Look no further! Apartment List will help you find a perfect apartment near you. There are 36 available rental units listed on Apartment List in Rancho Santa Margarita. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The average rent in Rancho Santa Margarita is $2,305 for a studio, $2,507 for a one-bedroom apartment, and $3,093 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Rancho Santa Margarita apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust Apartment List to help you find your next Rancho Santa Margarita, CA apartment rental! After all, everyone deserves a home they love.

Frequently Asked Questions

Rancho Santa Margarita Rent Report:

Welcome to the Apartment List February 2026 Rent Report for Rancho Santa Margarita, CA. Currently, the overall median rent in the city stands at $2,693, after falling 0.8% last month. Prices remain up 0.0% year-over-year. Read on to learn more about what’s been happening in the Rancho Santa Margarita rental market and how it compares to trends throughout the broader Los Angeles metro area and the nation as a whole.

Living in Rancho Santa Margarita, CA

Want to live in a record holding city? Rancho Santa Margarita holds the record for the longest city name in California. The previous title-holder, La Canada Flintridge, slipped into second place when Rancho Santa Margarita was incorporated in 2000.

Rancho Santa Margarita is a new town in the rapidly growing region of Orange County, California

View Rancho Santa Margarita City Guide
Sources:
  • School data: GreatSchools
  • Crime data: CrimeIndex (U.S.) provided by Precisely used data sourced from Precisely, the Federal Bureau of Investigation (FBI), and various law enforcement agencies. These organizations do not accept responsibility for the accuracy or completeness of the data used in this product.