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115 Apartments for rent in Moreno Valley, CA

Read Guide >
Last updated November 23 at 8:59pm UTC
24405 Janet Kay Drive
Moreno Valley
Moreno Valley, CA
Updated November 18 at 11:26am UTC
3 Bedrooms
$1,450
12221 CHAMPLAIN
Moreno Valley
Moreno Valley, CA
Updated November 23 at 12:21pm UTC
3 Bedrooms
$1,555
28375 Eagle Street
Moreno Valley
Moreno Valley, CA
Updated November 13 at 9:44am UTC
3 Bedrooms
$1,800
24053 Fir Avenue
Edgemont Gardens
Moreno Valley, CA
Updated November 16 at 12:10pm UTC
3 Bedrooms
$1,445
12233 Wind River Circle
Moreno Valley
Moreno Valley, CA
Updated November 1 at 1:56am UTC
4 Bedrooms
$1,800
12601 Magnolia Drive
Moreno Valley
Moreno Valley, CA
Updated November 15 at 10:14am UTC
5 Bedrooms
$2,095
25213 Elder Ave
Moreno Valley
Moreno Valley, CA
Updated November 21 at 6:11pm UTC
3 Bedrooms
$1,550
24701 Starcrest Dr.
Moreno Valley
Moreno Valley, CA
Updated November 16 at 12:04pm UTC
3 Bedrooms
$1,495
13333 Snowbell Ln.
Moreno Valley
Moreno Valley, CA
Updated October 26 at 10:23am UTC
3 Bedrooms
$1,750
24548 Skyrock Drive
Moreno Acres
Moreno Valley, CA
Updated November 15 at 10:16am UTC
3 Bedrooms
$1,800
15013 Pine Valley Circle
Moreno Valley
Moreno Valley, CA
Updated November 15 at 11:31am UTC
3 Bedrooms
$1,950
14613 Red Gum St
Moreno Valley
Moreno Valley, CA
Updated November 23 at 5:49pm UTC
4 Bedrooms
$2,050
14740 Perham Drive
Moreno Valley
Moreno Valley, CA
Updated November 5 at 2:12am UTC
3 Bedrooms
$1,650
Morning Dove Way
Moreno Valley
Moreno Valley, CA
Updated November 22 at 8:32am UTC
3 Bedrooms
$1,475
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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

November 2017 Moreno Valley Rent Report

Welcome to the November 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 increase sharply over the past month

Moreno Valley rents have increased 1.0% over the past month, and have increased sharply by 6.8% in comparison to the same time last year. Currently, median rents in Moreno Valley stand at $1,350 for a one-bedroom apartment and $1,690 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in August. Moreno Valley's year-over-year rent growth leads the state average of 4.3%, as well as the national average of 2.7%.

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. Here's a look at how rents compare across some of the largest cities in the metro.

  • Moreno Valley has seen the fastest rent growth in the metro, with a year-over-year increase of 6.8%. The median two-bedroom there costs $1,690, while one-bedrooms go for $1,350.
  • Over the past month, Ontario has seen the biggest rent drop in the metro, with a decline of 0.7%. Median two-bedrooms there cost $1,450, while one-bedrooms go for $1,160.
  • San Bernardino has the least expensive rents in the Riverside metro, with a two-bedroom median of $1,040; rents grew 0.7% over the past month and 3.9% over the past year.
  • Corona has the most expensive rents of the largest cities in the Riverside metro, with a two-bedroom median of $2,140; rents increased 0.6% over the past month and 6.2% over the past year.

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

As rents have increased sharply in Moreno Valley, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Moreno Valley is less affordable for renters.

  • Rents increased significantly in other cities across the state, with California as a whole logging rent growth of 4.3% over the past year. For example, rents have grown by 4.0% in San Diego, 3.9% in Los Angeles, and 3.0% in San Jose.
  • Moreno Valley's median two-bedroom rent of $1,690 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 6.8% increase in Moreno Valley.
  • While Moreno Valley's rents rose sharply over the past year, the city of Portland saw a decrease of 0.4%.
  • Renters will generally find more expensive prices in Moreno Valley than most large cities. For example, Phoenix has a median 2BR rent of $1,020, where Moreno Valley is more than one-and-a-half times 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 $1,030 $1,290 0.6% 4.4%
San Bernardino $830 $1,040 0.7% 3.9%
Fontana $1,040 $1,300 2.0% 3.6%
Moreno Valley $1,350 $1,690 1.0% 6.8%
Rancho Cucamonga $1,350 $1,690 0.0% 4.8%
Ontario $1,160 $1,450 -0.7% 5.4%
Corona $1,710 $2,140 0.6% 6.2%
Murrieta $1,390 $1,730 -0.2% 5.5%
Indio $960 $1,210 0.8% 3.5%
Chino Hills $1,520 $1,930 -0.6% 4.8%
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.