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207 2 Bedroom Apartments for rent in Rancho Santa Margarita, CA

Last updated November 20 at 6:44am UTC
Las Flores Apartment Homes
381 Sable
Rancho Santa Margarita, CA
Updated November 19 at 10:27am UTC
2 Bedrooms
$2,315
54 Gavilan
Robinson Ranch
Rancho Santa Margarita, CA
Updated November 15 at 11:54am UTC
2 Bedrooms
$1,799
292 Pasto Rico
SAMLARC
Rancho Santa Margarita, CA
Updated November 9 at 6:03pm UTC
2 Bedrooms
$2,400
33 Bloomfield Lane
Rancho Santa Margarita
Rancho Santa Margarita, CA
Updated November 9 at 5:59am UTC
2 Bedrooms
$2,700
28102 Via Herrera
Casta del Sol
Mission Viejo, CA
Updated November 16 at 10:01am UTC
2 Bedrooms
$2,500
Results within 1 miles of Rancho Santa Margarita, CA
28395 Pueblo
Portola Hills
Lake Forest, CA
Updated November 15 at 11:56am UTC
2 Bedrooms
$2,295
172 Valley View Terrace
California Court
Mission Viejo, CA
Updated November 14 at 2:26am UTC
2 Bedrooms
$2,650
109 White Sands
Coto de Caza
Coto de Caza, CA
Updated November 12 at 11:14pm UTC
2 Bedrooms
$2,200
12 Sagebrush
Coto de Caza
Coto de Caza, CA
Updated November 12 at 6:01pm UTC
2 Bedrooms
$2,100
28022 Via Bonalde
Casta del Sol
Mission Viejo, CA
Updated November 7 at 9:48pm UTC
2 Bedrooms
$2,300
28132 Via Bonalde
Casta del Sol
Mission Viejo, CA
Updated November 5 at 2:45pm UTC
2 Bedrooms
$2,600
Results within 5 miles of Rancho Santa Margarita, CA
74 Rabano
SAMLARC
Rancho Santa Margarita, CA
Updated November 19 at 5:31am UTC
2 Bedrooms
$1,995
27 Vista Colinas
Robinson Ranch
Rancho Santa Margarita, CA
Updated November 18 at 9:14am UTC
2 Bedrooms
$2,400
19801 Meadow Ridge Drive
, CA
Updated November 9 at 6:02pm UTC
2 Bedrooms
$2,200

November 2018 Rancho Santa Margarita Rent Report

Welcome to the November 2018 Rancho Santa Margarita Rent Report. Rancho Santa Margarita rents increased over the past month. In this report, we'll evaluate trends in the Rancho Santa Margarita rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rancho Santa Margarita Rent Report
Rent Report
Rancho Santa Margarita

November 2018 Rancho Santa Margarita Rent Report

Welcome to the November 2018 Rancho Santa Margarita Rent Report. Rancho Santa Margarita rents increased over the past month. In this report, we'll evaluate trends in the Rancho Santa Margarita rental market, including comparisons to cities throughout the metro, state, and nation.

Rancho Santa Margarita rents increased moderately over the past month

Rancho Santa Margarita rents have increased 0.3% over the past month, but have decreased slightly by 0.2% in comparison to the same time last year. Currently, median rents in Rancho Santa Margarita stand at $1,930 for a one-bedroom apartment and $2,490 for a two-bedroom. Rancho Santa Margarita's year-over-year rent growth lags the state average of 1.3%, as well as the national average of 1.1%.

Rents rising across the Los Angeles Metro

While rent prices have decreased in Rancho Santa Margarita over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in the Los Angeles metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Santa Clarita has seen the fastest rent growth in the metro, with a year-over-year increase of 4.1%. The median two-bedroom there costs $2,610, while one-bedrooms go for $2,030.
  • Over the past month, Huntington Beach has seen the biggest rent drop in the metro, with a decline of 1.4%. Median two-bedrooms there cost $2,370, while one-bedrooms go for $1,850.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,710; rents were up 0.1% over the past month but remained flat year-over-year.
  • Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents decreased 0.2% over the past month but were up 2.3% over the past year.

Many large cities nationwide show more affordable rents compared to Rancho Santa Margarita

As rents have fallen slightly in Rancho Santa Margarita, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Rancho Santa Margarita is less affordable for renters.

  • Other cities across the state have seen rents moderately increase, with California as a whole logging rent growth of 1.3% over the past year. For example, rents have grown by 2.7% in San Jose, 1.2% in San Francisco, and 0.9% in San Diego.
  • Rancho Santa Margarita's median two-bedroom rent of $2,490 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 0.2% decline in Rancho Santa Margarita.
  • While rents in Rancho Santa Margarita fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+3.0%), Austin (+2.3%), and Houston (+1.8%).
  • Renters will generally find more expensive prices in Rancho Santa Margarita than most large cities. For example, Houston has a median 2BR rent of $1,030, where Rancho Santa Margarita is nearly two-and-a-half times 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 $1,370 $1,760 0.0% 1.3%
Long Beach $1,380 $1,780 -0.2% 1.0%
Anaheim $1,650 $2,120 -0.7% 2.2%
Santa Ana $1,450 $1,860 -0.6% 0.4%
Irvine $2,110 $2,710 0.1% 0.2%
Glendale $1,400 $1,800 0.9% 2.0%
Huntington Beach $1,850 $2,370 -1.4% -0.8%
Santa Clarita $2,030 $2,610 0.2% 4.1%
Garden Grove $1,630 $2,100 -0.1% -0.7%
Lancaster $1,360 $1,750 -0.2% 2.3%
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.