
Cheap Apartments for Rent in the Palacio De Oro Neighborhood of Moreno Valley, CA from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palacio De Oro area of Moreno Valley.


Rancho Dorado South
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.

Hemlock Family Apartments North

Segovia Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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24446-24466 Myers 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 | $1,565 | $1,565 | $1,565 |
| Palacio De Oro 1 Bedroom Apartments | $1,961 | $1,250 | $2,700 |
| Palacio De Oro 2 Bedroom Apartments | $2,297 | $1,425 | $3,265 |
| Palacio De Oro 3 Bedroom Apartments | $2,569 | $2,265 | $3,095 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Palacio De Oro Neighborhood of Moreno Valley, CA.
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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 Monarch Terrace Apartments priced from $1,545. Sunnymead has the second lowest priced unit, which is a Studio apartment currently listed from $1,565. Here are the most affordable Palacio De Oro apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monarch Terrace Apartments | 1x1 | 1BR,1BA | $1,545 |
| Sunnymead | Studio | Studio,1BA | $1,565 |
| Highland Meadows | 1x1 | 1BR,1BA | $1,645 |
Best Value Apartments for Rent in Palacio De Oro, CA
As of January 31, 2026 the best value apartment in the Palacio De Oro area is the $2.38 price per square foot 3x2 Model at Ironwood Villas in the in the Palacio De Oro neighborhood starting from $2,265. The second greatest value Palacio De Oro apartment is the Two Bedroom-Two Bath Model at Sedona Apartment Homes starting at $1,995 with a $2.22 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. |
|---|---|---|---|
| Ironwood Villas | 3x2 | 3BR,2BA | $2.38 |
| Sedona Apartment Homes | Two Bedroom-Two Bath | 2BR,2BA | $2.22 |
| Summit Place Apartments | Summit Place Apartments | 2BR,1BA | $2.16 |
| Ridgeview | A1B | 1BR,1BA | $2.48 |
| Asante Villas Apartments | Tanzania | 2BR,1BA | $2.58 |
| Legends at Rancho Belago | The Costa | 1BR,1BA | $2.26 |
| Monarch Terrace Apartments | 2x2 | 2BR,2BA | $2.28 |
| Sorelle Apartments | One Bed One Bath | 1BR,1BA | $2.36 |
| Ardella on Chagall | 1 Bed 1 Bath Renovated | 1BR,1BA | $2.49 |
| Highland Meadows | 1x1 | 1BR,1BA | $2.33 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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
Vista del Lago High
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 Monarch Terrace Apartments which is listed at $1,545, while the average apartment in Palacio De Oro costs $2,465.
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 48 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 $675 which is $1,790 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.