Apartments in Wagon Wheel Rancho Santa Margarita

1 - 6 of 6 Results
37
$2,425 - 2,950
111 Via Serena Rancho Santa Marg, CA
1 - 2 BR | Available Now
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Dishwasher
Rancho Santa Margarita Central
72
$2,250 - 3,400
31872 Joshua Drive Rancho Santa Margarita, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
13
$3,300
Rancho Santa Margarita, CA
2 BR | Apr. 15, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
9
$2,600
Rancho Santa Margarita, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
10
$2,269 - 2,864
30751 El Corazon Rancho Santa Margarita, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Luxury
Section 8
23
$2,225 - 3,958
22751 El Prado Rancho Santa Margarita, CA
1 - 2 BR | Available Now
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Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Pool
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Rancho Santa Margarita:
March Rent Report

Welcome to the March 2024 Rancho Santa Margarita Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Rancho Santa Margarita rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Rancho Santa Margarita and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Rancho Santa Margarita average rent prices in the chart below.

Monthly Rent Report

$3,100
$2,330
$1,550
$780
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Rancho Santa Margarita Rent Prices Increase From February to March

Rancho Santa Margarita rent prices increased over the last month. From February to March, the city experienced a 0.61% increase for the price of a one-bedroom apartment. The rent price for a Rancho Santa Margarita one-bedroom apartments currently stands at $2,473.0.

When we take a look at the two-bedroom comparison from February to March, Rancho Santa Margarita experienced a 0.91% increase for the price of a two-bedroom apartment. The rent price for a Rancho Santa Margarita two-bedroom apartments currently stands at $2,991.0.

March Prices: Rancho Santa Margarita vs. Surrounding Areas

Rent Prices in Rancho Santa Margarita and Surrounding Areas

Rent prices have increased in Rancho Santa Margarita over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Rancho Santa Margarita suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Rancho Santa Margarita suburbs

  • Rents did not decrease in any of the Rancho Santa Margarita suburbs.

March 2024 Pricing Trends: Rancho Santa Margarita vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Rancho Santa Margarita Rent Prices More Affordable Than Major Cities

Rent growth in Rancho Santa Margarita over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Rancho Santa Margarita average rent prices appear to be relatively affordable for local residents.

The price for a Rancho Santa Margarita one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Rancho Santa Margarita and surrounding area rent prices, take a look at the complete data set below.

Data set for Rancho Santa Margarita and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.