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52 Apartments for rent in Moreno Valley, CA

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Last updated August 17 at 1:49AM
15427 Theresa Avenue
Moreno Valley
Moreno Valley, CA
Updated August 15 at 5:47AM
2 Bedrooms
$1,175
13968 Chara Ave.
Moreno Valley
Moreno Valley, CA
Updated August 17 at 1:43AM
4 Bedrooms
$1,650
13340 Letterman
Moreno Valley
Moreno Valley, CA
Updated August 17 at 1:34AM
5 Bedrooms
$1,995
15860 Emma Lane
Moreno Valley
Moreno Valley, CA
Updated August 15 at 5:46AM
3 Bedrooms
$1,850
12150 Kristen Court
Sunnymead Orchard Farms
Moreno Valley, CA
Updated August 15 at 5:47AM
2 Bedrooms
$950
25113 Red Maple Lane
Moreno Valley
Moreno Valley, CA
Updated August 15 at 5:47AM
3 Bedrooms
$1,575
25374 Fir Ave
Moreno Valley
Moreno Valley, CA
Updated August 17 at 1:49AM
3 Bedrooms
$1,555
25299 Drake Dr
Moreno Valley
Moreno Valley, CA
Updated July 22 at 9:57AM
5 Bedrooms
$1,975
15605 Lasselle Street
Moreno Valley
Moreno Valley, CA
Updated August 15 at 5:47AM
3 Bedrooms
$1,700
13723 Bearberry Drive
Moreno Valley
Moreno Valley, CA
Updated August 15 at 5:47AM
3 Bedrooms
$1,400
10001 Cartagena Dr
Moreno Valley
Moreno Valley, CA
Updated August 16 at 9:32AM
4 Bedrooms
$1,950
12612 Magnolia Dr
Moreno Valley
Moreno Valley, CA
Updated August 5 at 10:08AM
5 Bedrooms
$2,350
25708 Brodiaea Avenue
Moreno Valley
Moreno Valley, CA
Updated August 15 at 5:47AM
3 Bedrooms
$1,475
26362 Kalmia Avenue
Moreno Valley
Moreno Valley, CA
Updated August 16 at 11:31AM
4 Bedrooms
$2,500
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City Guide
Moreno Valley
Neighborhoods

Considering where to live, take into account that most of the neighborhoods are newer developments close to shopping destinations. Expect the ranch-style tract homes typical of Southern California's newer developments, only at a much lower price tag. Generally you can find a one-bedroom apartment in a pretty fancy planned community for as low as $800, and a three-bedroom home can go for as cheap as $1400.

The neighborhood of Sunnymead has a more urban feeling, with multiple business strips.

The east side of town has more of a rural, remote feeling. North and south of Ironwood Avenue, you'll find single-family homes with a lot of acreage. These areas contain some of Moreno Valley's older residential styles from ye olde days of the 1970s before the city integrated, when it was just a twinkle in the Inland Empire's eye.

Many apartments will be found in the neighborhood of Towngate, one of the most popular neighborhoods due to its proximity to shopping including the Moreno Valley Mall, which has a large selection of popular department stores, restaurants, and a movie theater. A one-bedroom in Towngate will run you about $1000 per month plus utilities, a two-bedroom will run you $1200, and a three-bedroom around $1500. Most of these apartments are no more than ten years old, which means modern amenities for you! Mission Grove is another popular neighborhood with lots of pleasant and well-landscaped apartment communities to choose from, and is close to Mission Grove Town Center (the one anchored by K-Mart).

So if you're looking for a nice, inexpensive place to hang your hat in pricey Southern California, or if you're commuting and searching for the shortest possible time spent in LA gridlock, or you just can't get enough of those Olive Garden breadsticks -- look no further than Moreno Valley, where super smart cookies who want all that SoCal has to offer (but don't want to shell out for the sky-high west coast rent) set up camp.

Happy hunting!

Rent Report
Moreno Valley

August 2017 Moreno Valley Rent Report

Welcome to the August 2017 Moreno Valley Rent Report. In this report, we'll evaluate trends in the Moreno Valley rental market, including comparisons to cities throughout the metro, state, and nation.

Moreno Valley rents increased moderately over the past month

Moreno Valley rents have increased 0.3% over the past month, and are up significantly by 5.9% in comparison to the same time last year. Currently, median rents in Moreno Valley stand at $1,340 for a one-bedroom apartment and $1,680 for a two-bedroom. Moreno Valley's year-over-year rent growth leads the state average of 4.2%, as well as the national average of 2.9%.

Rents rising across the Riverside Metro

Throughout the past year, rent increases have been occurring not just in the city of Moreno Valley, but across the entire metro. Of the largest 10 cities that we have data for in the Riverside metro, all of them have seen prices rise, and this trend can be seen throughout other areas in the state, as well. California as a whole has logged a 4.2% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the metro, as well as the rest of the state.

  • Corona has the most expensive rents in the Riverside metro, with a two-bedroom median of $2,120; the city has also seen rent growth of 7.5% over the past year, the fastest in the metro.
  • Over the past month, Chino Hills has seen the biggest rent drop in the metro, with decline of 0.6%. Median two-bedrooms there cost $1,900, while one-bedrooms go for $1,500.
  • San Bernardino has the least expensive rents in the Riverside metro, with a two-bedroom median of $1,030; rents grew 0.2% over the past month and 3.9% over the past year.
  • Looking throughout the rest of the state, San Francisco is the most expensive of all California's major cities outside the Riverside metro, with a median two-bedroom rent of $3,060; of the 10 largest cities in the state that we have data for, San Francisco, is the only major city to see rents fall year-over-year (-0.0%).
  • Sacramento, Santa Ana, and Fresno have all experienced year-over-year growth above the state average (8.9%, 6.2%, and 6.1%, respectively).

Many large cities nationwide show more affordable rents compared to Moreno Valley

Compared to most large cities across the country, Moreno Valley is less affordable for renters.

  • Moreno Valley's median two-bedroom rent of $1,680 is above the national average of $1,160. Nationwide, rents have grown by 2.9% over the past year.
  • While Moreno Valley's rents rose over the past year, many cities nationwide also saw increases, including Seattle (+5.6%), Phoenix (+5.0%), and Las Vegas (+4.3%).
  • Renters will generally find more expensive prices in Moreno Valley than most large cities. Comparably, Albuquerque has a median 2BR rent of $860, where Moreno Valley is nearly twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Riverside $1,020 $1,280 0.4% 4.1%
San Bernardino $820 $1,030 0.2% 3.9%
Fontana $1,020 $1,280 0.5% 2.0%
Moreno Valley $1,340 $1,680 0.3% 5.9%
Rancho Cucamonga $1,350 $1,690 1.0% 6.7%
Ontario $1,170 $1,460 0.3% 6.6%
Corona $1,700 $2,120 0.2% 7.5%
Murrieta $1,380 $1,730 1.1% 4.9%
Indio $960 $1,210 0.5% 3.6%
Chino Hills $1,500 $1,900 -0.6% 4.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.