Cheap Apartments for Rent in the Palacio De Oro Neighborhood of Moreno Valley, CA from $500 (40 Rentals)

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

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.

property at 14597 Cochiti Dr

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Home for Rent

Available Now

14597 Cochiti Dr

Moreno ValleyCA92553

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.

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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

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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Tuscany Village
2 Bedroom Apartments

Tuscany Village

25055 Delphinium AveMoreno Valley, CA 92553

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Bevia Apartments || priced from $1,600. Highland Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,645. Here are the most affordable Palacio De Oro apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Bevia Apartments ||1BR/1.0BA1BR,1BA$1,600
Highland Meadows1x11BR,1BA$1,645
La Pacifica1x11BR,1BA$1,665
Sunnymead1 Bedroom 1 Bath1BR,1BA$1,666
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$1,699
Ardella on Chagall1 Bed 1 Bath Renovated1BR,1BA$1,741
Summit Place ApartmentsSummit Place Apartments2BR,1BA$1,805
Ironwood Villas2x22BR,2BA$1,845
Sedona Apartment HomesTwo Bedroom-Two Bath2BR,2BA$1,940

Best Value Apartments for Rent in Palacio De Oro, CA

As of May 08, 2026 the best value apartment in the Palacio De Oro area is the $2.12 price per square foot The Serena Model at Legends at Rancho Belago in the in the Palacio De Oro neighborhood starting from $2,301. The second greatest value Palacio De Oro apartment is the 3x2 Model at Ironwood Villas starting at $2,365 with a $2.49 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.
Legends at Rancho BelagoThe Serena2BR,2BA$2.12
Ironwood Villas3x23BR,2BA$2.49
Sedona Apartment HomesTwo Bedroom-Two Bath2BR,2BA$2.16
Sorelle ApartmentsTwo Bed One Bath2BR,1BA$2.27
Summit Place ApartmentsSummit Place Apartments2BR,1BA$2.11
RidgeviewDesign 1A Premier 31BR,1BA$2.51
Ardella on Chagall1 Bed 1 Bath Renovated1BR,1BA$2.46
Highland Meadows1x11BR,1BA$2.33
La Pacifica1x11BR,1BA$2.58
Bevia Apartments ||1BR/1.0BA1BR,1BA$2.52

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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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 Bevia Apartments || which is listed at $1,600, while the average apartment in Palacio De Oro costs $2,995.

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 22 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 $431 which is $2,564 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.