How many apartments are available in 92688 on Rentable.co?

Rentable.co has 32 apartments available for rent in 92688.

What is the average rent for an apartment in 92688?

The average rent for an apartment in 92688 is around $2,840 per month.

What is the average rent for a one-bedroom apartment in 92688?

The average rent for a one-bedroom apartment in 92688 is around $2,461 per month.

What is the average rent for a two-bedroom apartment in 92688?

The average rent for a two-bedroom apartment in 92688 is around $2,962 per month.

Apartments in 92688

Rancho Santa Margarita:
December Rent Report

Welcome to the December 2025 Rancho Santa Margarita Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

1 BR 2 BR

Rancho Santa Margarita Rent Prices Decrease From November to December

Rancho Santa Margarita rent prices decreased over the last month. From November to December, 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 November to December, 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 $.

December 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.

December 2025 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 December	1 BR M/M % Change	2 BR December	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.