Cheap Apartments for Rent in Moreno Valley, CA from $500 (62 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.

property at 24204 Clover Ave

$1,675 - $1,725

2 Bedroom Rentals

Available Now

24204 Clover Ave

Moreno ValleyCA92551
property at 26980 Prairie Dog Ln

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

26980 Prairie Dog Ln

Moreno ValleyCA92555
property at 14597 Cochiti Dr

$1,825

Total Monthly Price

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

1 Bedroom, 1 Bath Home for Rent

Available Now

14597 Cochiti Dr

Moreno ValleyCA92553

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.

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.

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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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
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Casa Buena Apartments
1 to 2 Bedroom Apartments

Casa Buena Apartments

24271 Webster AveMoreno Valley, CA 92553
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Palos Verdes Townhomes
1 to 3 Bedroom Apartments

Palos Verdes Townhomes

24248-24254 Dracaea AveMoreno Valley, CA 92553
  • Utilities Included
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Vista Springs Apartments
1 to 2 Bedroom Apartments

Vista Springs Apartments

21550 Box Springs RdMoreno Valley, CA 92557
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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. Bevia Apartments || in the Palacio De Oro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. 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
Bevia Apartments ||0BR/1.0BAStudio,1BA$1,550
Highland Meadows1x11BR,1BA$1,645
La Pacifica1x11BR,1BA$1,665
Village Green2 Bd, 1 Bath2BR,1BA$1,695
Sorelle ApartmentsOne Bed One Bath1BR,1BA$1,719
Ardella on Chagall1 Bed 1 Bath Renovated1BR,1BA$1,762
Arbor Apartments1 bedroom1BR,1BA$1,795
Summit Place ApartmentsSummit Place Apartments2BR,1BA$1,805
Baywood Villas ApartmentsVilla Romantica - Downstairs1BR,1BA$1,875

Best Value Apartments for Rent in Moreno Valley, CA

As of June 14, 2026 the best value apartment in the Moreno Valley area is the $2.30 price per square foot Villa Solace Model at Via Del Lago Homes in the in the Iris Landing neighborhood starting from $2,650. The second greatest value Moreno Valley apartment is the 2 Bedroom 2 Bath Model at Sunnymead starting at $2,240 with a $2.04 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.
Via Del Lago HomesVilla Solace2BR,2BA$2.30
Sunnymead2 Bedroom 2 Bath2BR,2BA$2.04
Legends at Rancho BelagoThe Del Sol2BR,2BA$2.21
Stella at TowngateMelrose2BR,1BA$2.09
Village Green2 Bd, 1 Bath2BR,1BA$1.88
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.11
Sycamore Canyons1 Bedroom 1 Bathroom1BR,1BA$2.31
Baywood Villas ApartmentsVilla Romantica - Downstairs1BR,1BA$2.26
Sorelle ApartmentsOne Bed One Bath1BR,1BA$2.29
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$1.86

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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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 $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 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.