Rancho Santa Margarita, CA Real Estate

According to census data in the year 2000 there were 16,639 housing units in Rancho Santa Margarita. This represents a 236.1% growth from 4,951 in 1990.

Of those housing units, 16,639 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rancho Santa Margarita is about 77.9%. Rancho Santa Margarita's vacancy rate, including seasonal lodging, is about 2%. Average household size is 2.93 people.

The majority of houses, apartments or condos in Rancho Santa Margarita were built after 1993.


Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom12.90%
Two Bedrooms25.50%
Three Bedrooms29.40%
Four Bedrooms23.60%
Five Bedrooms or more5.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1992
Median Value of occupied units$280,700
Median Price asked for vacant units$272,800

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1993
Median Monthly Rent asked for vacant units$1,069

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage18.10%
Home Equity Loan10.80%
Simple Mortgage66.90%
Debt Free3.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs26.3%