Cheap Apartments for Rent in the Palacio De Oro Neighborhood of Moreno Valley, CA from $500 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Palacio De Oro area of Moreno Valley.

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.

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Rancho Dorado South
2 to 3 Bedroom Apartments

Rancho Dorado South

25105 John F Kennedy DrMoreno Valley, CA 92551

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.

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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
  • Utilities Included
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Palos Verdes Townhomes
1 to 3 Bedroom Apartments

Palos Verdes Townhomes

24248-24254 Dracaea AveMoreno Valley, CA 92553
  • 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.

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Sorelle Apartments
1 to 2 Bedroom Apartments

Sorelle Apartments

12159 Calle SombraMoreno Valley, CA 92557
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Tuscany Village
2 Bedroom Apartments

Tuscany Village

25055 Delphinium AveMoreno Valley, CA 92553

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.

Palacio De Oro, Moreno Valley, CA Local Guide

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 ListingModel NameBed/BathPriced From
Verano Terrace ApartmentsThe Coral1BR,1BA$1,300
SunnymeadStudioStudio,1BA$1,553
Highland Meadows1x11BR,1BA$1,645
La Pacifica1x11BR,1BA$1,665
Bevia Apartments ||1BR/1.0BA1BR,1BA$1,700
Summit Place ApartmentsSummit Place Apartments2BR,1BA$1,805
Sorelle ApartmentsOne Bed One Bath1BR,1BA$1,819
Ironwood Villas2x22BR,2BA$1,845
Mountain View Apartments1 Bedroom1BR,1BA$1,875
RidgeviewDesign 1A Premier 31BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Villa Annette Apartment HomesBari F33BR,2BA$2.03
Continental VillagesToscana2BR,2BA$2.28
Legends at Rancho BelagoThe Del Sol2BR,2BA$2.27
Ironwood Villas3x23BR,2BA$2.38
Sedona Apartment HomesTwo Bedroom-Two Bath2BR,2BA$2.32
Ardella on Chagall2 Bed 1 Bath Renovated2BR,1BA$2.28
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.22
Sorelle ApartmentsOne Bed One Bath1BR,1BA$2.43
Highland Meadows1x11BR,1BA$2.33
Verano Terrace ApartmentsThe Coral1BR,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.

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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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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

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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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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.

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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.

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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.