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Rental Market Trends in Rancho Santa Margarita, CA

What is the average rent in Rancho Santa Margarita, CA?

$2,568/month

Average Rent

714 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of January 2026, the average rent in Rancho Santa Margarita, CA is $2,568 per month. This is 58% higher than the national average rent price of $1,625/month, making Rancho Santa Margarita one of the most expensive cities in the US. When you rent an apartment in Rancho Santa Margarita, you can expect to pay about $2,232 per month for a studio, $2,568 for a one-bedroom apartment, and around $2,982 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,707 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,232/month
486 Sq Ft
One Bedroom
$2,568/month
714 Sq Ft
Two Bedroom
$2,982/month
1,001 Sq Ft
Three Bedroom
$3,707/month
1,387 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,013/month
1,372 Sq Ft
Three Bedroom
$4,239/month
1,507 Sq Ft
Four Bedroom
$8,493/month
2,897 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,442/month
970 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,523/month
1,664 Sq Ft

How much has average rent changed in Rancho Santa Margarita, CA?

In the past year, rent has increased by 2.6%, which averages out to $67 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Rancho Santa Margarita, CA
Last Updated January 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Rancho Santa Margarita, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Rancho Santa Margarita?

Based on current rent prices, Emerald Ridge, Cortesia and Rancho Trabuco are the most affordable neighborhoods in Rancho Santa Margarita.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Emerald Ridge
$2,469/month
725 Sq Ft
Cortesia
$2,469/month
725 Sq Ft
Rancho Trabuco
$2,503/month
691 Sq Ft
Samlarc
$2,602/month
708 Sq Ft
Los Abanicos
$2,857/month
812 Sq Ft

What are the most expensive neighborhoods in Rancho Santa Margarita?

Based on current rent prices, Los Abanicos, Samlarc and Rancho Trabuco are the most expensive neighborhoods in Rancho Santa Margarita.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Los Abanicos
$2,857/month
812 Sq Ft
Samlarc
$2,602/month
708 Sq Ft
Rancho Trabuco
$2,503/month
691 Sq Ft
Emerald Ridge
$2,469/month
725 Sq Ft
Cortesia
$2,469/month
725 Sq Ft

Which Rancho Santa Margarita neighborhoods have the most rentals available?

The neighborhoods in Rancho Santa Margarita with the most apartments available are Samlarc, Rancho Trabuco and Los Abanicos .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Samlarc
$2,602/month
708 Sq Ft
Rancho Trabuco
$2,503/month
691 Sq Ft
Los Abanicos
$2,857/month
812 Sq Ft
Emerald Ridge
$2,469/month
725 Sq Ft
Cortesia
$2,469/month
725 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Rancho Santa Margarita, CA?

Because the average rent in Rancho Santa Margarita is $2,568, you’ll want to make about $8,560 per month or $102,720 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Rancho Santa Margarita, CA

185 Available Apartments for Rent

Search for Nearby Apartments

How does Rancho Santa Margarita, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Rancho Santa Margarita, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Rancho Santa Margarita, CA

Apartment Averages

Emerald Ridge

Rancho Santa Margarita, CA

Los Abanicos

Rancho Santa Margarita, CA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Trabuco Canyon Average Rent
  • Mission Viejo Average Rent
  • Lake Forest Average Rent
  • Ladera Ranch Average Rent
  • Foothill Ranch Average Rent
  • Laguna Hills Average Rent

Apartment communities in Rancho Santa Margarita we think you'll love

Los Alisos at Mission Viejo

Los Alisos at Mission Viejo

28601 Los Alisos Blvd,
Mission Viejo, CA 92692

$2,343 - $3,944

Studio - 3 Beds

Villas Aliento Apartment Homes

Villas Aliento Apartment Homes

114 Aliento,
Rancho Santa Margarita, CA 92688

$2,445 - $2,720

Studio - 2 Beds

Avila at Rancho Santa Margarita

Avila at Rancho Santa Margarita

22751 El Prado,
Rancho Santa Margarita, CA 92688

$2,463 - $4,183

1-2 Beds

eaves Santa Margarita

eaves Santa Margarita

111 Via Serena Via,
Rancho Santa Margarita, CA 92688

$2,264 - $3,005

1-2 Beds

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United States California Rancho Santa Margarita Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity