It is said that Southern California has everything: fantastic weather year-round, natural splendor, world-class entertainment, and Moreno Valley.
Moreno Valley, or MoVal as it's known among the 140-Characters-Or-Less crowd, is part of Southern California's Inland Empire, which encompasses the areas of Riverside and San Bernadino counties -- otherwise known as the far east side of Los Angeles county
It is said that Southern California has everything: fantastic weather year-round, natural splendor, world-class entertainment, and Moreno Valley.
Moreno Valley, or MoVal as it's known among the 140-Characters-Or-Less crowd, is part of Southern California's Inland Empire, which encompasses the areas of Riverside and San Bernadino counties -- otherwise known as the far east side of Los Angeles county. The Inland Empire's numerous cities are home to over four million people in total, and these four million people consist mostly of folks who decided to bail on exorbitant coastal prices and settle down in I.E.'s far more affordable housing.
MoVal itself is pretty fresh from the oven; 'twas a wee muffin of a town until it integrated into Riverside Country in the 1980s and exploded into a gigantic and delicious cake of Awesome City now grown to a population of 200,000 people. Based on its central location, MoVal is one of the most lucrative locations in the Inland Empire. To the east you'll find Coachella Valley, San Bernardino Valley and the San Bernardino Mountain Range are to the north, and head south to San Diego. MoVal is about one hour east of LA, so commuting to downtown Los Angeles, Orange County, or Palm Springs is no sweat.
Moreno Valley has obvious pluses in the location department, Moreno Valley also has other things going for it.
The city is surrounded by national parks on three sides, and word has it that during winter you can see snow-topped mountains in the nearby San Bernardino range. The city is just north of watery recreation and outdoorsy fun at Lake Perris, which is lined with walking trails.
Also, because a good deal of the communities in Moreno Valley were built during the 1990s, most stuff looks pretty shiny and new. Many neighborhoods got to skip the aesthetic missteps in the 1960s and 1970s when salmon-colored stucco and green formica seemed like a really good idea.
Moreno Valley was built for more affordable housing. The city essentially consists of clusters of planned communities that are usually located in close proximity to a large retail presence, and as stated above, almost everything in the city was built after the 1990s.
It's true that you'll find a lot of strip-mall shopping in Moreno Valley; national retail and dining chains will meet most of your needs. And as is The American Way, the presence of an Olive Garden is a testament to suburban imminence and prestige.
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!
The representation of ethnic minorities in Moreno Valley is higher than the national average. The eight main ethnic groups that make up the population of Moreno Valley are Hispanic Or Latino (62.9%), Black Or African American (16.1%), White (12.6%), Asian (4.5%), Two Or More (3.1%), Native Hawaiian Or Other Pacific Islander (0.5%), Other (0.2%), and American Indian Or Alaska Native (0.1%).
The representation of ethnic minorities in Moreno Valley is higher than the national average. The eight main ethnic groups that make up the population of Moreno Valley are Hispanic Or Latino (62.9%), Black Or African American (16.1%), White (12.6%), Asian (4.5%), Two Or More (3.1%), Native Hawaiian Or Other Pacific Islander (0.5%), Other (0.2%), and American Indian Or Alaska Native (0.1%).
Searching for an apartment for rent in Moreno Valley, CA? Look no further! Apartment List will help you find a perfect apartment near you. There are 182 available rental units listed on Apartment List in Moreno Valley. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!
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Welcome to the Apartment List December 2024 Rent Report for Moreno Valley, CA. Currently, the overall median rent in the city stands at $1,938, roughly the same as last month. Prices remain up 1.7% year-over-year. Read on to learn more about what’s been happening in the Moreno Valley rental market and how it compares to trends throughout the broader Riverside metro area and the nation as a whole.
The median rent in Moreno Valley fell by 0.1% over the course of November, and has now increased by a total of 1.7% over the past 12 months. Moreno Valley’s rent growth over the past year has has outpaced both state (0.2%) and national (-0.6%) averages.
Eleven months into the year, rents in Moreno Valley have risen 2.9%. This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to November 2023 rents had decreased 1.9%.
If we expand our view to the wider Riverside metro area, the median rent is $1,842 meaning that the median price in Moreno Valley ($1,938) is 5.2% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at 0.5%, below the rate of rent growth within just the city.
The table below shows the latest rent stats for 11 cities in the Riverside metro area that are included in our database. Among them, Chino Hills is currently the most expensive, with a median rent of $2,869. Colton is the metro’s most affordable city, with a median rent of $1,617. The metro's fastest annual rent growth is occurring in Chino Hills (4.0%) while the slowest is in Murrieta (-2.6%).
You can also use the map below to explore the latest rent trends in the Riverside metropolitan area.
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin 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, capturing apartment transactions over time 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. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.
Welcome to the Apartment List December 2024 Rent Report for Moreno Valley, CA. Currently, the overall median rent in the city stands at $1,938, roughly the same as last month. Prices remain up 1.7% year-over-year. Read on to learn more about what’s been happening in the Moreno Valley rental market and how it compares to trends throughout the broader Riverside metro area and the nation as a whole.
It is said that Southern California has everything: fantastic weather year-round, natural splendor, world-class entertainment, and Moreno Valley.
Moreno Valley, or MoVal as it's known among the 140-Characters-Or-Less crowd, is part of Southern California's Inland Empire, which encompasses the areas of Riverside and San Bernadino counties -- otherwise known as the far east side of Los Angeles county
View Moreno Valley City Guide