Home prices
The median home value in Rancho Santa Margarita is $662,200. It is about $120,200 (15%) lower in comparison to nearby areas.In comparison to the US as a whole it is approximately $444,700 (204%) higher, and it is approximately $25,300 (3%) higher compared to the city of Los Angeles.
Rents
The median rent in Rancho Santa Margarita is $2,084 per month. In comparison to its surrounding areas this is roughly $315 (13%) lower.In comparison to the rest of the nation it is approximately $1,022 (96%) higher, and compared to the city of Los Angeles it is about $634 (43%) higher.
Nearby places
Coto de Caza
Coto de Caza is Rancho Santa Margarita's neighbor to the south. The housing prices there are substantially more expensive. The value of the median home in Coto de Caza is $1,043,700, which is $381,500 (36%) higher than Rancho Santa Margarita. Its rents are a lot more expensive. In Coto de Caza the median rent is $3,253 per month, which is $1,169 (35%) higher than Rancho Santa Margarita.
Mission Viejo
Mission Viejo is Rancho Santa Margarita's neighbor to the southwest. The housing prices there are fairly similar. The median home in Mission Viejo is valued at $693,000, which is $30,800 (4%) higher than Rancho Santa Margarita. The rent there is a bit more expensive. Mission Viejo's median rent is $2,267 a month, which works out to $183 (8%) higher than Rancho Santa Margarita.
Lake Forest
Lake Forest is about 4 miles northwest of Rancho Santa Margarita. Housing prices there are similar. The median home in Lake Forest is valued at $647,500, which works out to $14,700 (2%) lower than Rancho Santa Margarita. The rent there is fairly similar. Lake Forest's median monthly rent is $2,025, which comes out to $59 (2%) lower than Rancho Santa Margarita.
Laguna Hills
Laguna Hills is roughly 5 miles southwest from Rancho Santa Margarita. Housing prices there are somewhat more expensive. Laguna Hills's median home cost is $707,700, which works out to $45,500 (6%) higher than Rancho Santa Margarita. Its rents are fairly similar. Laguna Hills's median rent is $2,111 per month, which comes out to $27 (1%) higher than Rancho Santa Margarita.
Ladera Ranch
Ladera Ranch is roughly 6 miles south of Rancho Santa Margarita. Its real estate prices are a little more expensive. The median home in Ladera Ranch is valued at $820,100, which comes out to $157,900 (19%) higher than Rancho Santa Margarita. Rent there is a little more expensive. The median monthly rent in Ladera Ranch is $2,341, which is $257 (10%) higher than Rancho Santa Margarita.