How much is rent in Rancho Santa Margarita?

In Rancho Santa Margarita, the average rent is + for a studio, $2,530+ for a 1-bedroom, $3,083+ for a 2-bedroom, and $3,912+ for a 3-bedroom.* For more information on rental trends in Rancho Santa Margarita, check out our monthly Rancho Santa Margarita Rent Report . *Based on base prices that don’t include fees

How can I find a cheap apartment in Rancho Santa Margarita?

You can find the lowest-priced apartments in Rancho Santa Margarita by using the cheap apartments filter.

How can I find a pet-friendly apartment in Rancho Santa Margarita?

You can use the pet-friendly filter to find Rancho Santa Margarita apartments that allow pets.

How much should I pay for rent in Rancho Santa Margarita?

The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Rancho Santa Margarita.

How can I find off-campus housing in Rancho Santa Margarita?

You can use the off-campus housing filters to find apartments near colleges located in or around Rancho Santa Margarita. Some of the colleges and universities in the area include University of California-Irvine , Irvine Valley College , Moreno Valley College , Hope International University , Cypress College , and Concordia University-Irvine .

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Apartments for Rent in Rancho Santa Margarita, CA

37 rentals available

Villa La Paz Apartment Homes
$2,315
2 Via Amistosa, Rancho Santa Margarita, CA 92688
(949) 806-4799
9 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Mountain Views
Tranquil living near Saddleback mountains.
Villa La Paz offers serene living in Rancho Santa Margarita, nestled in the scenic foothills of the Saddleback mountains. Residents enjoy spacious kitchens, private patios, and a wealth of amenities such as a pool and gym. The community is praised for its cleanliness and exceptional management.
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Villas Antonio Apartment Homes
$2,855
22482 Alma Aldea, Rancho Santa Margarita, CA 92688
(617) 934-1205
8 units available
2 bed
Amenities
W/D hookup, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Scenic Comfort
Mountain views with modern conveniences at Villas Antonio Apartments.
Villas Antonio Apartment Homes is nestled in a beloved neighborhood of Rancho Santa Margarita. Enjoy stunning mountain views, modern amenities like a 24-hour gym, and stylish apartment designs. Residents love the convenient access to shopping centers, parks, and recreational options just minutes away.
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Villas Aliento Apartment Homes
$2,305
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
Scenic Retreat
Ideal for nature lovers and relaxation seekers.
Nestled in Rancho Santa Margarita, Villas Aliento offers stunning mountain views and direct access to nature trails. Residents enjoy two resort-style pools and well-equipped fitness facilities. Convenience meets tranquility with modern kitchen appliances, spacious layouts, and private patios.
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The Highlands
$2,770
31872 Joshua Drive, Rancho Santa Margarita, CA 92679
(949) 506-4427
Rent Savings
14 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Embrace elegant living with exceptional amenities and style.
The Highlands offers elegant, newly renovated residences with vaulted ceilings and wood-burning fireplaces. Enjoy easy access to dining, shopping, and numerous outdoor activities in picturesque Rancho Santa Margarita. Pets are warmly welcomed, making this a perfect choice for pet lovers and nature enthusiasts alike.
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Rancho Santa Margarita city guide
Everything you need to know
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Best market deals
These units are the best deal in town.
73 Brisa Del Lago 1 Bed
1 Bed • 1 Bath • 1010 sqft
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eaves Santa Margarita 270
1 Bed • 1 Bath • 524 sqft
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Now
Villas Aliento Apartment Homes 66
Studio • 1 Bath • 510 sqft
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Available
Feb 8
Villa La Paz Apartment Homes 22B
1 Bed • 1 Bath • 525 sqft
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Now
Skyview 423
1 Bed • 1 Bath • 600 sqft
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Overture Rancho Santa Margarita 55+ Active Adult Apartment Homes
30824 La Miranda, Rancho Santa Margarita, CA 92688
(949) 403-6645
$2,695 moTotal price12-mo lease
1 unit available
1 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Parking + more
Luxurious Living
Resort-Inspired Features with Endless Activities
Nestled in the heart of Rancho Santa Margarita, Overture offers a vibrant lifestyle for active adults. Enjoy top-notch amenities like a pool, gym, and game room, alongside community activities such as wine tasting and arts and crafts. It's the perfect haven for those seeking comfort and engagement.
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5.0
Skyview
$2,353
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
Pet Haven
Stylish living in scenic Rancho Santa Margarita.
Skyview Apartments offers luxurious living with breathtaking views of the Saddleback Mountains. Enjoy newly renovated homes with stainless steel appliances and private balconies. The community is praised for its cleanliness and well-maintained grounds, complete with amenities like a pool, gym, and access to the Rancho Santa Margarita Beach Club. Perfect for pet lovers, both dogs and cats are welcome here.
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Avila at Rancho Santa Margarita
22751 El Prado, Rancho Santa Margarita, CA 92688
(714) 274-6705
$2,457+ moTotal price12-mo lease
21 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Top Amenities
Luxury living in popular SAMLARC neighborhood
Avila at Rancho Santa Margarita shines with its spacious and beautifully equipped apartments in the vibrant SAMLARC neighborhood. Enjoy proximity to shopping, dining, and numerous parks, making it a fantastic choice for those who love city conveniences. With its rich array of amenities, including a pool and gym, and a highly praised management team, this property offers a luxurious lifestyle.
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eaves Santa Margarita
$2,245
111 Via Serena, Rancho Santa Margarita, CA 92688
(775) 204-2032
Rent Savings
8 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Top Views
Highly Viewed Orange County Apartment
Eaves Santa Margarita has captured attention as a highly viewed property in a vibrant area. Located in Rancho Santa Margarita's popular SAMLARC neighborhood, the apartments offer residents a charming lifestyle with nearby shopping, dining, and recreation. Featuring a pet-friendly policy with both cats and dogs allowed, modern amenities complement the convenient location.
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Townhome in Trabuco Canyon!
$4,200
21406 Dahlia Court, Rancho Santa Margarita, CA 92679
(949) 215-5000
1 unit available
4 bed
Amenities
Granite counters, Garage, and Recently renovated
Recently updated units
Amazing 4 Bedroom Furnished Home in Trabuco Canyon!
$6,000
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
Serene Oasis
Luxurious living in tranquil Robinson Ranch neighborhood.
Nestled in the scenic Robinson Ranch neighborhood, this home offers luxurious living with a modernized kitchen and expansive living spaces. Residents adore the primary bedroom, which provides a secluded retreat with its opulent ensuite and walk-in closet. The tranquil backyard and access to community amenities like a pool and spa make it a haven for relaxation.
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Luxury apartments
Top units for an elevated lifestyle.
1 Vía Perico 5 Bed
5 Beds • 3 Baths
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23 Via Berrendo 4 Bed
4 Beds • 3 Baths • 3000 sqft
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Amazing 4 Bedroom Furnished Home in Trabuco Canyon! 4 Beds, 3 Baths, $6000
4 Beds • 3 Baths • 2200 sqft
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Feb 10
15 Ravensridge 4 Bed
4 Beds • 3 Baths • 2683 sqft
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6 Lakeridge 4 Bed
4 Beds • 3 Baths • 2731 sqft
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31 Hemlock
$3,150
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
Recently updated units
23 Via Berrendo
$6,250
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
Recently updated units
246 Montana Del Lago Drive
$3,650
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
Recently updated units
64 Lobelia
$3,600
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
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7 Mejorana
$4,995
7 Mejorana, Rancho Santa Margarita, CA 92688
(949) 365-1888
1 unit available
5 bed
Amenities
In unit laundry, Granite counters, Dishwasher, Garage, Pool, Air conditioning + more
Recently updated units
31 Pinzon
$4,300
31 Pinzon, Rancho Santa Margarita, CA 92688
(949) 227-2223
1 unit available
3 bed
Amenities
On-site laundry, Pet friendly, Garage, Recently renovated, Stainless steel, Walk in closets + more
Recently updated units

Top neighborhoods in Rancho Santa Margarita

Samlarc
View 31 listings
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
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Bedrooms

1 Bedroom Apartments in Rancho Santa Margarita (9)

Price

Rancho Santa Margarita Cheap Apartments (8)

Amenities

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 37 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 Ask for a studio, $2,530 for a one-bedroom apartment, and $3,083 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 (FAQs)

Rancho Santa Margarita Rent Report: February 2026

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.

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. It's a planned community, which means there are plenty of shiny new apartment complexes, as well as all the amenities you would expect in a small city. You might think that such a new town would be lacking in character, but don't be so quick to judge. There's a strong community finding its feet here, and you won't have trouble finding community events to get involved in. In the summer, rock, soul and country music concerts are regularly held in Central Park, so you can live it up while watching the sun go down. Rancho Santa Margarita has a lot to offer, and you haven't even heard about the biggest attractions yet! The sunny climate and the incredibly beautiful surroundings are what draw many people to this Orange County city. So, if you do decide to move here, remember to get out of your smart new apartment every once in a while and enjoy the landscape. Go explore the Cleveland National Forest -- after all, it will be right on your doorstep.

Moving to Rancho Santa Margarita

So, you like the idea of living the California lifestyle in Rancho Santa Margarita? Yes? Great! So, what do you need to bag yourself an apartment for rent in this thriving young city? Money is the first thing. You'll need enough ready cash to put down a deposit on a home for rent, and you'll also need documents to prove that you have the income necessary to keep on paying the rent on time. References from former landlords wouldn't go amiss either - with a vacancy rate of less than 5%, landlords here can afford to be a bit choosy about which tenants they take.

Make no mistake, this is an affluent community and as such can be rather exclusive. The prices of houses for rent range from the eye-wateringly expensive to the merely frown-inducing high values that everyone has come to expect in California. Let's hope you have a similarly large paycheck coming in.

Neighborhoods in Rancho Santa Margarita

Rancho Santa Margarita is made up of several planned neighborhoods. Some are vast gated communities, which offer security and peace of mind, particularly for parents with young children. Take a glance at these neighborhood descriptions to figure out which part of Rancho Santa Margarita you want to be your new locale.

Dove Canyon:Welcome to Rancho Santa Margarita's most exclusive neighborhood! Rents are sky-high and you could grow old while waiting for a rental home to become available in this luxurious gated community. If you do by some miracle manage to find a place here, you can be sure that it'll be beautifully presented, spacious, and surrounded by neighbors who enjoy the finer things in life. $$$$$

City Center:This centrally located neighborhood contains Central Park and the excellent Rancho Santa Margarita Intermediate School, so it might be a place to consider if you have kids in tow. However, the rental properties on offer here are mostly hi-rise apartments, so you'll have to go further out if you want a yard for the kids to run around in.$$$

Ave De Las Flores/Santa Margarita Pky:The cheapest homes for rent in Rancho Santa Margarita are found in the unnamed neighborhood just north of Santa Margarita Parkway. The hi-rise apartments here are almost affordable, although you will probably only get one or two bedrooms for your money. $$

Las Flores:Tucked away in the southern corner of the city, just below the Tijeras Creek Golf club, Las Flores is a quiet, suburban neighborhood offering rental properties in a range of sizes, from hi-rise apartments to five bedroom houses. No, it's not a lot cheaper than other neighborhoods, but vacancies do tend to come around a tiny bit more often. $$$$

Robinson Ranch:This is probably the ideal place to be if you've got kids. There are several great schools nearby and plenty of single-family homes. Unfortunately, competition is fierce. If you have your heart set on this neighborhood, start your search a long, long time in advance. $$$$

Rancho Trabuco:Please don't move here if you like to hide inside your home; it would be a terrible waste. This northern neighborhood is flanked by two beautiful parks -- O'Neill and Altisima -- and you also get impressive views over the Upper Oso reservoir. If green spaces and vast expanses of placid water help you relax, you'll be pretty chilled out here. That is, once you've gotten over the stress of paying the monthly rent. $$$$

Living in Rancho Santa Margarita

So, it's decision time: should you move to Rancho Santa Margarita? Well, if you've got the money, then you'll certainly get a wonderful quality of life here. The properties are for the most part modern and well-maintained, crime rates are a tiny fraction of the state average, and the schools are excellent. Unfortunately, affordability is the major sticking point for most people.

The best way to afford the home of your dreams in Rancho Santa Margarita is to find a well-paying job in the area. The city's top employer is Applied Medical, which produces medical equipment, so if you've got the right skills you might look for a position there. Cox Communications also has its headquarters here, so skilled jobs in telecommunications and broadcasting are also on offer. Otherwise, you might have to join the majority of residents in their daily commute to Irvine, Orange or Santa Ana, where medical and tech jobs abound. Whether or not you manage to find a job in Rancho Santa Margarita, you will almost certainly want to keep a car so you can get out and explore the nearby towns and cities.

During their downtime, residents of Rancho Santa Margarita like to spend time on the golf course, and there are several facilities available nearby. They also enjoy swimming and boating at theLago Santa Margarita Beach Club, which has space available for barbecues and picnics overlooking the man-made lake. Take some time exploring the trails around the lake and through the local parks, or plan a longer hike into the Cleveland National Forest.

If you can afford to move to Rancho Santa Margarita, you probably won't regret choosing this city. It's a safe, family-friendly place to live in a beautiful part of California. People have left glowing reviews of Skyview Apartments Rancho Santa Margarita. Specifically, they love about the green areas onsite, the expansive pool with outdoor grills, and the pet-friendly policy.

Apartments for Rent in Rancho Santa Margarita, CA

Villa La Paz Apartment Homes

Villas Antonio Apartment Homes

Villas Aliento Apartment Homes

The Highlands

Overture Rancho Santa Margarita 55+ Active Adult Apartment Homes

Skyview

Avila at Rancho Santa Margarita

eaves Santa Margarita

Townhome in Trabuco Canyon!

Amazing 4 Bedroom Furnished Home in Trabuco Canyon!

31 Hemlock

23 Via Berrendo

246 Montana Del Lago Drive

64 Lobelia

7 Mejorana

31 Pinzon

Top neighborhoods in Rancho Santa Margarita

Samlarc

What it’s like to live in Samlarc

Great for

Neighborhood vibe

More Rental Options

Find an apartment for rent in Rancho Santa Margarita, CA

Frequently Asked Questions (FAQs)

Rancho Santa Margarita, CA Rental Market Trends

Rancho Santa Margarita Rent Report: February 2026

Rancho Santa Margarita Rent Report: February 2026

Living in Rancho Santa Margarita, CA

Rancho Santa Margarita Apartment Renter's Guide

Rancho Santa Margarita Apartment Renter's Guide