Cheap Apartments for Rent in the Palacio De Oro Neighborhood of Moreno Valley, CA from $500 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Rancho Dorado South
2 to 3 Bedroom Apartments

Rancho Dorado South

25105 John F Kennedy DrMoreno Valley, CA 92551

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.

close
View Me
Segovia Apartments
Studio to 2 Bedroom Apartments

Segovia Apartments

23227 Hemlock AveMoreno Valley, CA 92557
  • Utilities Included

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.

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 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 ListingModel NameBed/BathPriced From
Monarch Terrace Apartments1x11BR,1BA$1,545
SunnymeadStudioStudio,1BA$1,565
Highland Meadows1x11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ironwood Villas3x23BR,2BA$2.38
Sedona Apartment HomesTwo Bedroom-Two Bath2BR,2BA$2.22
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.16
RidgeviewA1B1BR,1BA$2.48
Asante Villas ApartmentsTanzania2BR,1BA$2.58
Legends at Rancho BelagoThe Costa1BR,1BA$2.26
Monarch Terrace Apartments2x22BR,2BA$2.28
Sorelle ApartmentsOne Bed One Bath1BR,1BA$2.36
Ardella on Chagall1 Bed 1 Bath Renovated1BR,1BA$2.49
Highland Meadows1x11BR,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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.