Cheap Apartments for Rent in Moreno Valley, CA from $500 (68 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 24204 Clover Ave

$1,675 - $1,725

2 Bedroom Rentals

Available Now

24204 Clover Ave

Moreno ValleyCA92551

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.

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property at 14597 Cochiti Dr

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

1 Bedroom, 1 Bath Home for Rent

Available Now

14597 Cochiti Dr

Moreno ValleyCA92553

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.

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The Ultimate Local's Guide to Living in Riverside, CA

Planning a move to Riverside? Get a detailed look at the best neighborhoods—Mission Grove, Orangecrest, Canyon Crest, and La Sierra—plus tips on the commute, weather, and nearby vacation spots.

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property at 12202 Timlico Ct

$2,265

Total Monthly Price

Total Monthly Price

Base Rent
$2,265
Total Monthly Price
$2,265

3 Bedroom, 2 Bath Townhome for Rent

Available Now

12202 Timlico Ct

Moreno ValleyCA92557
property at 15663 Lasselle St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

2 Bedroom, 2 Bath Condo for Rent

Available Now

15663 Lasselle St, Unit 76, Unit 76

15663 Lasselle St
Moreno ValleyCA92551
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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
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 $1,175. Sunnymead in the Palacio De Oro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,529. 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$1,175
SunnymeadStudioStudio,1BA$1,529
Bevia Apartments ||1BR/1.0BA1BR,1BA$1,600
Highland Meadows1x11BR,1BA$1,645
La Pacifica1x11BR,1BA$1,665
Village Green2 Bd, 1 Bath2BR,1BA$1,695
Stella at TowngateSoho1BR,1BA$1,700
ReNew at TowngateA1R1BR,1BA$1,729

Best Value Apartments for Rent in Moreno Valley, CA

As of April 29, 2026 the best value apartment in the Moreno Valley area is the $2.18 price per square foot Large 2 Bedroom / 2 Bath Model at The Hills at Quail Run Apartment Homes in the in the University neighborhood starting from $2,440. The second greatest value Moreno Valley apartment is the The Serena Model at Legends at Rancho Belago starting at $2,353 with a $2.17 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.
The Hills at Quail Run Apartment HomesLarge 2 Bedroom / 2 Bath2BR,2BA$2.18
Legends at Rancho BelagoThe Serena2BR,2BA$2.17
FrescoThe Avalon2BR,2BA$2.10
Sedona Apartment HomesTwo Bedroom-Two Bath2BR,2BA$2.16
Village Green2 Bd, 1 Bath2BR,1BA$1.88
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.11
21725 Dracaea Ave, Unit 121725 Dracaea Ave2BR,1BA$2.03
Sycamore Canyons1 Bedroom 1 Bathroom1BR,1BA$2.30
Baywood Villas ApartmentsVilla Romantica - Downstairs1BR,1BA$2.26
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$2.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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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.

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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.

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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.

Moreno Valley, CA
Population: 209,050

Ranked #110

in US Census Population by City

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Best Local Schools in
Moreno Valley, CA

School data provided by Great Schools

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

Explore Moreno Valley, CA Rentals by Map

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See the most popular apartments and homes in Moreno Valley, CA

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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 $1,529.

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

The lowest price for a Cheap One Bedroom Moreno Valley Apartment is $1,175 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 $2,300.

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 The Ultimate Locals Guide to Living in Riverside, CA article

The Ultimate Locals Guide to Living in Riverside, CA

Written by: Thomas Conroy

Riverside is a diverse Southern California city that is considered the centerpiece of Riverside County. It is located approximately 60 miles east of Los Angeles, and is the largest city of the Inland Empire.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.