Get our mobile app

Search apartments on the go

Company

About us
Careers
Company news
Product updates
Sunny.com (opens in new tab)
Support (opens in new tab)
FAQ (opens in new tab)
Sitemap

For renters

Renter Hub
Rate My Rent
Cost of Living Calculator
Rent Calculator
Renter Life blog
Rent Report

For property owners

A-List Portal (opens in new tab)
A-List Smart Platform (opens in new tab)
A-List Market (opens in new tab)
A-List Nurture (opens in new tab)
A-List Resident (opens in new tab)
Rental Management blog
Rental Data & Insights blog
Help Center (opens in new tab)

Privacy & policies

Privacy policy
Terms of use
Accessibility (opens in new tab)
Do not sell or share my info

(opens in new tab) (opens in new tab) (opens in new tab) (opens in new tab) (opens in new tab) (opens in new tab) (opens in new tab)

© 2026 Apartment List, Inc. All rights reserved.

Home Search Short list

List with us (opens in new tab)

Home Search Short list

List with us (opens in new tab)

Modern apartment interior

Get matched with your perfect apartment—faster

Smarter moves, less stress

Renter HubMoving, insurance, payments, and more
Rate My RentIs your rent a good deal?
Cost of Living CalculatorCalculate your city's cost of living
Rent CalculatorFind your rent sweet spot
Renter Life blogNavigating life as a renter
Rent ReportFind the best time to move

For property owners

A-List Portal (opens in new tab)
A-List Smart Platform (opens in new tab)
A-List Market (opens in new tab)
A-List Nurture (opens in new tab)
A-List Resident (opens in new tab)
Rental Management blog
Rental Data & Insights blog
Help Center (opens in new tab)

Home
Search
Short list

Start your Santa Margarita, CA search

How many bedrooms do you need?

Home/
CA/
San Luis Obispo County/
Santa Margarita Apartments

Apartments for Rent in Santa Margarita, CA

1 rental available

Start your Santa Margarita search

How many bedrooms do you need?

Average rent in Santa Margarita, California

The average rent for a 1 bedroom apartment in Santa Margarita is $1,775+, while the average rent for a 2 bedroom apartment is Ask. Rent rates updated 955 days ago

Studio: Ask
Prices trending down
1 Bed: $1,775+
Prices trending down
2 Beds: Ask
Prices trending down
3+ Beds: Ask
Prices trending down

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top cities

San Luis Obispo Apartments
Santa Maria Apartments
El Paso de Robles Apartments
Atascadero Apartments
Orcutt Apartments
Grover Beach Apartments
Guadalupe Apartments
Pismo Beach Apartments
Morro Bay Apartments
Lake Nacimiento Apartments

1 Apartment for Rent in Santa Margarita, CA

22937 I Street Gallery 1

1 of 18

Just listed

22937 I Street (opens in new tab)

22937 I Street, Santa Margarita, CA 93453

$2,750/moFees may apply12-mo lease

Just listed 2 days ago, one of the newest options on the market in Santa Margarita, CA.

1 unit available

3 bed

Find more rentals by

Colleges

Allan Hancock College (122)
University of California-Santa Barbara (129)

Frequently Asked Questions (FAQs)

In Santa Margarita, CA, the average rent is + for a studio, $1,775+ for a 1-bedroom, + for a 2-bedroom, and + for a 3-bedroom.*
*Based on base prices that don’t include fees
You can use the pet-friendly filter to find apartments that allow pets.
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 Santa Margarita, CA.
You can use the off-campus housing filters to find apartments near colleges located in or around Santa Margarita, CA. Some of the colleges and universities in the area include Allan Hancock College, and University of California-Santa Barbara.