27 rentals in Rancho Santa Margarita
Rental Listings in Rancho Santa Margarita, TN
About Rancho Santa Margarita, TN Real Estate
Rancho Santa Margarita is a city in Orange County, California, United States. One of Orange County's youngest cities, Rancho Santa Margarita is a master-planned community. The population was 47,949 at the 2020 census, up from 47,853 at the 2010 census. Although it is named for Rancho Santa Margarita y Las Flores, which was in San Diego County, the city limits fall within the borders of Rancho Mission Viejo. At 20 characters long, it is the longest city name in California.
Rancho Santa Margarita is a master-planned community at the edge of Cleveland National Forest. Features lake recreation and family neighborhoods.
Today, Rancho Santa Margarita has 27 homes for rent at a median rent of $4,600/mo, typically leasing in about 60 days. Families here choose from 7 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in Rancho Santa Margarita
Powered by the Topfind School Score
- 10Arroyo Vista Middleintermediate/middle/junior high
- 10Las Flores Elementaryelementary
- 10Tijeras Creek Elementaryelementary
- 9Arroyo Vista Elementaryelementary
- 9Melinda Heights Elementaryelementary
- 9Rancho Santa Margarita Intermediateintermediate/middle/junior high
Why Live in Rancho Santa Margarita?
- Master-planned
- Lake recreation
- Near wilderness
- Family community
Rancho Santa Margarita Rental Pulse
Median Rent
$3,600/mo
↓ 10.0% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.1 months of supply
Landlord's MarketWith only 27 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~60 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market—renters have strong leverage to negotiate rent, terms, and move-in specials. Leasing 77% faster than 6 months ago.
Rental Inventory Distribution
Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.
Housing Tenure in Rancho Santa Margarita
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
73%
Homeowners
27%
Renters
Homeownership is 17.5% higher than the California average (55.5%)
17,042 households (2023)
Affordability Snapshot
Typical rent
$4,600/mo
Median rent
Affordable budget (30%)
$3,671/mo
Based on median income
Median household income
$12,236/mo
Rancho Santa Margarita
Typical rent costs about 38% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$184K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $1,261.25/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 4 → 5 bedrooms (+$2,282/mo)
Rent Reductions
10 listings have reduced their rent
37% of active listings
Average reduction: 12.3% (~$566/mo)
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