Apartments in 92688

1 - 23 of 23 Results
19
3D Tour
$2,357 - 3,039
29752 Melinda Road Rancho Santa Margarita, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
28
$2,359 - 2,964
Deal
5.0
21022 Los Alisos Blvd Rancho Santa Margarita, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
26
$6,500
Rancho Santa Margarita, CA
4 BR | Available Now
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Heat Included
Furnished
Dog Friendly
Cat Friendly
House
24
$3,250
Rancho Santa Margarita, CA
2 BR | Mar. 1, 2026
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29
$4,099
Rancho Santa Margarita, CA
3 BR | Available Now
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28
$3,100
Rancho Santa Margarita, CA
2 BR | Available Now
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25
$4,100
Rancho Santa Margarita, CA
3 BR | Available Now
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12
$2,800
Rancho Santa Margarita, CA
2 BR | Available Now
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Trabuco Highlands
17
$4,300
Rancho Santa Margarita, CA
3 BR | Available Now
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13
$3,450
Rancho Santa Margarita, CA
2 BR | Available Now
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1
$4,300
Rancho Santa Margarita, CA
3 BR | Apr. 22, 2026
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House
Disability Access
28
$4,150
Rancho Santa Margarita, CA
3 BR | Available Now
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Rancho Santa Margarita Central
33
$3,950
Rancho Santa Margarita, CA
3 BR | Available Now
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35
$2,500
Rancho Santa Margarita, CA
1 BR | Available Now
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16
$3,900
Rancho Santa Margarita, CA
3 BR | Available Now
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30
$5,500
Rancho Santa Margarita, CA
3 BR | Available Now
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House
2
$4,700
Rancho Santa Margarita, CA
3 BR | Available Now
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1
$4,150
52 Tierra Seguro Rancho Santa Margarita, CA
3 BR | Mar. 14, 2026
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Dog Friendly
Cat Friendly
House
Dishwasher
Pool
1
$2,975
Rancho Santa Margarita, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$4,950
11 Wild Horse Loop Rancho Santa Margarita, CA
3 BR | Jun. 9, 2026
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Furnished
House
Pool
Trabuco Highlands
23
$2,225 - 3,958
22751 El Prado Rancho Santa Margarita, CA
1 - 2 BR | Available Now
Contact
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Pool
17
$2,545 - 3,826
25501 Crown Valley Parkway Ladera Ranch, CA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
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
1 - 23 of 23 Results
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  2. Rancho Santa Margarita
  3. 92688

How much does it cost to rent an apartment in 92688?

92688 apartments
Bed Type Average Rent Range
1BR $2,550 $2,310 - $2,820
2BR $2,950 $2,720 - $3,480
3BR $4,150 $3,900 - $5,470
Find an Apartment in 92688
Are you searching for apartments for rent in the 92688 zip code of Rancho Santa Margarita, CA? Look no further! Rentable provides a variety of rental options in this area, with a total of 76 units currently available. The average rent in 92688 is $2,900, and you can find 1-bedroom units starting at $2,311.

One of the top neighborhoods in the 92688 zip code is Rancho Santa Margarita Central, offering a convenient location and a peaceful community atmosphere. Nearby, you'll find various points of interest and amenities that enhance the living experience in Rancho Santa Margarita. Whether you enjoy outdoor activities or prefer shopping and dining, there is something for everyone in close proximity.

If you're ready to discover the perfect rental for you, explore Rentable's apartments near 92688 Rancho Santa Margarita, CA. With a wide range of options to choose from, you're sure to find a place that meets your needs and preferences. Don't miss out on the opportunity to secure your dream home in this desirable area. Start your apartment search today and find the ideal residence for a comfortable and convenient lifestyle in Rancho Santa Margarita.

Rancho Santa Margarita:
February Rent Report

Welcome to the February 2026 Rancho Santa Margarita Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Rancho Santa Margarita Rent Prices Decrease From January to February

Rancho Santa Margarita rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Rancho Santa Margarita one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Rancho Santa Margarita experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Rancho Santa Margarita two-bedroom apartments currently stands at $.

February Prices: Rancho Santa Margarita vs. Surrounding Areas

Rent Prices in Rancho Santa Margarita and Surrounding Areas

Rent prices have decreased 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.

February 2026 Pricing Trends: Rancho Santa Margarita vs. National Comparisons

Rancho Santa Margarita Rent Prices More Affordable Than Major Cities

Rent growth in Rancho Santa Margarita over the past year has been declining. 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 February 1 BR M/M % Change 2 BR February 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.