Cheap Apartments for Rent in Moreno Valley, CA from $500 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Moreno Valley.

close
View Me
Rancho Dorado South
2 to 3 Bedroom Apartments

Rancho Dorado South

25105 John F Kennedy DrMoreno Valley, CA 92551

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
Segovia Apartments
Studio to 2 Bedroom Apartments

Segovia Apartments

23227 Hemlock AveMoreno Valley, CA 92557
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Moreno Valley, CA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Moreno Valley Apartments for Rent

 

The cheapest available apartment rental in Moreno Valley, CA is a 1 Bed unit found at Perris Isle Senior Apartments in the Palacio De Oro neighborhood priced from $965. Sunnymead in the Palacio De Oro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,515. Here is today’s list of the most affordable Moreno Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$965
SunnymeadStudioStudio,1BA$1,515
Monarch Terrace Apartments1x11BR,1BA$1,645

Best Value Apartments for Rent in Moreno Valley, CA

As of March 15, 2026 the best value apartment in the Moreno Valley area is the $1.88 price per square foot 2 Bd, 1 Bath Model at Village Green in the in the Parkside at Towngate neighborhood starting from $1,695. The second greatest value Moreno Valley apartment is the The Marbella Model at Legends at Rancho Belago starting at $1,906 with a $2.14 price per square foot in the Palacio De Oro neighborhood. Here is today’s list of the best values for Moreno Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village Green2 Bd, 1 Bath2BR,1BA$1.88
Legends at Rancho BelagoThe Marbella1BR,1BA$2.14
Stella at TowngateSoho Ext1BR,1BA$2.02
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.11
Sycamore Canyons1 Bedroom 1 Bathroom1BR,1BA$2.38
Baywood Villas ApartmentsVilla Romantica - Downstairs1BR,1BA$2.26
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$1.19
Monarch Terrace Apartments2x22BR,2BA$2.28
Arbor Apartments1 bedroom1BR,1BA$2.39
Highland Meadows1x11BR,1BA$2.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Moreno Valley Overview

Located in Riverside County and home to over 190,000 residents, Moreno Valley is a rising star 'new kid on the block' city in the great state of California. Considered part of the greater Los Angeles region, this thriving hot spot is brimming with impressive educational options, plenty of natural park land and aa number of military families.

Why live in Moreno Valley, CA?

From sweeping mountain vistas to the lake-front glory of Sunnymead Ranch, life in Moreno Valley apartments is sure to appeal to nature lovers and those craving the comforts of big city life alike. With plenty of area eateries and retail shopping at your fingertips, this west coast hot spot is a fantastic option for growing families as well as those pursuing a budding career in the La scene.

Moreno Valley, CA
Population: 209,050

Ranked #110

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Moreno Valley, CA Rentals by Map

View Map
Moreno Valley, CA Apartments Map
View Map
Moreno Valley, CA Rental Homes Map

Frequently Asked Questions about Cheap Moreno Valley Apartments

What is the Cheapest Studio apartment in Moreno Valley?

Currently the most affordable Cheap Studio Apartment in Moreno Valley is at Sunnymead listed at $1,515.

How much is rent for a Cheap One Bedroom Moreno Valley Apartment?

The lowest price for a Cheap One Bedroom Moreno Valley Apartment is $965 at Perris Isle Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Moreno Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Moreno Valley is starting from $1,695 at Village Green.

What is the most affordable Moreno Valley Three Bedroom Apartment?

The best deal on a cheap Moreno Valley Three Bedroom Apartment rental is at Bevia Apartments || and starts from $2,150.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.