
Cheap Apartments for Rent in the Palacio De Oro Neighborhood of Moreno Valley, CA from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palacio De Oro area of Moreno Valley.


23119 Donahue Ct

12549 Lasselle St

Sunnymead

Highland Meadows

Monarch Terrace Apartments

La Pacifica

24185 Sunnymead Boulevard, Unit 1

Bevia Apartments ||
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Ardella on Chagall

Lasselle Place

Ironwood Villas

Ridgeview

Total Monthly Price
Villa Annette Apartment Homes

Legends at Rancho Belago

Asante Villas Apartments

Total Monthly Price
Broadstone Rancho Belago

Rancho Dorado South
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Perris Isle Senior Apartments

Segovia Apartments

Hemlock Family Apartments North

24446-24466 Myers Ave

Casa Buena Apartments

Palos Verdes Townhomes

24337 Myers Ave

24339 Myers Ave

Summit Place Apartments
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.

Sorelle Apartments

Mountain View Apartments

Continental Villages

Sedona Apartment Homes

12213 Orchid Ln

Tuscany Village

25836 Iris Ave

24340 Eucalyptus Ave

24475 St James Dr
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.

23890 Hemlock Ave
Palacio De Oro, Moreno Valley, CA Local Guide

How much does it cost to rent an apartment in Palacio De Oro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palacio De Oro Studio Apartments | $1,688 | $1,553 | $1,823 |
| Palacio De Oro 1 Bedroom Apartments | $2,048 | $1,300 | $2,974 |
| Palacio De Oro 2 Bedroom Apartments | $3,350 | $1,475 | $10,000+ |
| Palacio De Oro 3 Bedroom Apartments | $2,726 | $2,385 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Palacio De Oro Neighborhood of Moreno Valley, CA.
See all Apartments in Moreno ValleyExplore Moreno Valley
Palacio De Oro, Moreno Valley, CA Local Guide
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Cheapest Available Palacio De Oro Apartments for Rent
 The cheapest available apartment rental in the Palacio De Oro area of Riverside, CA is a 1 Bed unit found at Verano Terrace Apartments priced from $1,300. Sunnymead has the second lowest priced unit, which is a Studio apartment currently listed from $1,553. Here are the most affordable Palacio De Oro apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Verano Terrace Apartments | The Coral | 1BR,1BA | $1,300 |
| Sunnymead | Studio | Studio,1BA | $1,553 |
| Highland Meadows | 1x1 | 1BR,1BA | $1,645 |
| La Pacifica | 1x1 | 1BR,1BA | $1,665 |
| Bevia Apartments || | 1BR/1.0BA | 1BR,1BA | $1,700 |
| Summit Place Apartments | Summit Place Apartments | 2BR,1BA | $1,805 |
| Sorelle Apartments | One Bed One Bath | 1BR,1BA | $1,819 |
| Ironwood Villas | 2x2 | 2BR,2BA | $1,845 |
| Mountain View Apartments | 1 Bedroom | 1BR,1BA | $1,875 |
| Ridgeview | Design 1A Premier 3 | 1BR,1BA | $1,961 |
Best Value Apartments for Rent in Palacio De Oro, CA
As of August 14, 2026 the best value apartment in the Palacio De Oro area is the $2.03 price per square foot Bari F3 Model at Villa Annette Apartment Homes in the in the Palacio De Oro neighborhood starting from $2,995. The second greatest value Palacio De Oro apartment is the Toscana Model at Continental Villages starting at $2,600 with a $2.28 price per square foot in the Palacio De Oro neighborhood. Here is today’s list of the best values for Palacio De Oro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villa Annette Apartment Homes | Bari F3 | 3BR,2BA | $2.03 |
| Continental Villages | Toscana | 2BR,2BA | $2.28 |
| Legends at Rancho Belago | The Del Sol | 2BR,2BA | $2.27 |
| Ironwood Villas | 3x2 | 3BR,2BA | $2.38 |
| Sedona Apartment Homes | Two Bedroom-Two Bath | 2BR,2BA | $2.32 |
| Ardella on Chagall | 2 Bed 1 Bath Renovated | 2BR,1BA | $2.28 |
| Summit Place Apartments | Summit Place Apartments | 2BR,1BA | $2.22 |
| Sorelle Apartments | One Bed One Bath | 1BR,1BA | $2.43 |
| Highland Meadows | 1x1 | 1BR,1BA | $2.33 |
| Verano Terrace Apartments | The Coral | 1BR,1BA | $2.02 |
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 ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Palacio De Oro, Moreno Valley, CA
Ramona Elementary School
Vista Del Lago High School
Badger Springs Middle
School data provided by Great Schools
Lifestyle Ratings
This website compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across California and customized analysis for East Riverside, CA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Palacio De Oro Apartments
What is the price of a cheap apartment in Palacio De Oro?
The cheapest apartment in Palacio De Oro is Verano Terrace Apartments which is listed at $1,300, while the average apartment in Palacio De Oro costs $2,261.
What types of apartments are the cheapest in Palacio De Oro?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Palacio De Oro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Palacio De Oro?
Cheap apartments in Palacio De Oro have an average cost of $931 which is $1,330 cheaper than the average rent for all rentals in Palacio De Oro.
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

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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.