Welcome to the Apartment List March 2026 Rent Report for Moreno Valley, CA. Currently, the overall median rent in the city stands at $1,935, after falling 0.9% 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.