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Rancho Santa Margarita, CA

The town of Rancho Santa Margarita, California is home to just under 49,000 people. Middle-aged professionals will feel right at home, as they make up an above-average portion of the community, while retirees are less well-represented. At an average age of just under 36, the city's residents are younger than most cities in California. The majority of Rancho Santa Margarita residents own their homes, and 29% of residents rent. With an average rent of $1,785 a month, exceeding the state average, relatively high rent costs could be playing a role in the higher levels of ownership.

Rancho Santa Margarita has a relatively high number of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 8% have earned a Master's degree or a Doctoral degree. Additionally, 22% have earned a Bachelor's degree, which also outpaces the national average. Workers are spread across a plethora of industries in Rancho Santa Margarita, the most common five of which are retail, manufacturing, scientific, entertainment, and healthcare. Combined, these industries account for 33% of the city's workforce. Meanwhile, in terms of job function, 11% of the city's population works in management, which ranks as the top profession in the city. Rancho Santa Margarita workers earn an average annual income of around $116K, more than the average California resident. Rancho Santa Margarita's average income also compares favorably to the national average ($73,345).

Rancho Santa Margarita residents have an average commute of about 32 minutes. Driving a car or truck is the most common means of commuting to work, selected by 49% of commuters, while public transit is not widely used. Walking isn't a common way to get to work.

Average Rent in Rancho Santa Margarita

Studio1 Bed2 Bed3 Bed
Jan 20$1,612$1,995$2,345$2,910
Dec 191,6301,9952,3272,910
Nov 191,6521,7932,3072,910
Oct 191,6501,8222,2322,785
Sep 191,6451,8102,2672,985
Aug 191,6601,8482,226
Jul 191,6301,7772,227
Jun 191,6421,7622,210
May 191,6201,7102,247
Apr 191,6001,7502,182
Mar 191,6001,8102,143
Feb 191,5851,8702,230
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Rancho Santa Margarita

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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