Cheap Apartments for Rent in Moreno Valley, CA from $500 (8 Rentals)

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Rancho Dorado South
2 to 3 Bedroom Apartments

Rancho Dorado South

25105 John F Kennedy DrMoreno Valley, CA 92551
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Segovia Apartments
Studio to 2 Bedroom Apartments

Segovia Apartments

23227 Hemlock AveMoreno Valley, CA 92557
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Moreno Valley, CA Local Guide

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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 $545. Monarch Terrace Apartments in the Palacio De Oro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,545. 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$545
Monarch Terrace Apartments1x11BR,1BA$1,545
Highland Meadows1x11BR,1BA$1,645

Best Value Apartments for Rent in Moreno Valley, CA

As of July 30, 2025 the best value apartment in the Moreno Valley area is the $1.98 price per square foot Rodeo Drive Model at Stella at Towngate in the in the Parkside at Towngate neighborhood starting from $2,573. The second greatest value Moreno Valley apartment is the The Serena Model at Legends at Rancho Belago starting at $2,199 with a $2.03 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.
Stella at TowngateRodeo Drive3BR,2BA$1.98
Legends at Rancho BelagoThe Serena2BR,2BA$2.03
Reserve at Rancho Belago (Phase I)The Messina2BR,2BA$2.24
Baywood Villas ApartmentsVilla Bonita - Upstairs2BR,2BA$2.10
22573 Adrienne Ave, Unit B22573 Adrienne Ave2BR,1BA$2.04
Sedona Apartment HomesTwo Bedroom-Two Bath2BR,2BA$2.29
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.22
RidgeviewA1B1BR,1BA$2.32
Monarch Terrace Apartments2x22BR,2BA$2.28
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$1.05

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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.

Pet Friendly Lifestyle
Moreno Valley, CA

Ranked #742

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Moreno Valley, CA Rentals by Map

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Getting Around Moreno Valley, CA

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Moreno Valley Apartments

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

The lowest price for a Cheap One Bedroom Moreno Valley Apartment is $545 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 $1,845 at Monarch Terrace Apartments.

What is the most affordable Moreno Valley Three Bedroom Apartment?

The best deal on a cheap Moreno Valley Three Bedroom Apartment rental is at Ironwood Villas and starts from $2,365.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.