Rent by ZIP · Orange County
Rent in Rancho Santa Margarita, CA 92688
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,340 (-5.6% vs FY2026). Renters in this ZIP code pay a median $2,651 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,820 | $2,930 | -3.8% | $2,538–3,102 | $2,242 ±$54 |
| 1 bedroom | $2,850 | $3,000 | -5% | $2,565–3,135 | $2,259 ±$62 |
| 2 bedrooms | $3,340 | $3,540 | -5.6% | $3,006–3,674 | $2,842 ±$87 |
| 3 bedrooms | $4,540 | $4,810 | -5.6% | $4,086–4,994 | $3,500+ |
| 4 bedrooms | $5,420 | $5,740 | -5.6% | $4,878–5,962 | $3,500+ |
Small Area FMRs for the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area, 2 bedrooms: $3,057.
What renters pay in 92688
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 92691 | Mission Viejo | $3,340 | $2,767 |
| 92692 | Mission Viejo | $3,640 | $2,938 |
| 92683 | Westminster | $2,920 | $2,210 |
| 92694 | Ladera Ranch | $4,060 | $3,288 |
| 92679 | Trabuco Canyon | $4,140 | $2,874 |
| 92678 | Trabuco Canyon | $3,510 | – |
Fair Market Rents across Orange County, CA · All CA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.