
Cheap Apartments for Rent in the South Moreno Valley Neighborhood of Moreno Valley, CA from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Moreno Valley area of Moreno Valley.


Total Monthly Price
Villa Annette Apartment Homes

Ridgeview

Lasselle Place

Ardella on Chagall

Enclave at Legacy Park
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.

15384 Perris Blvd

15156 Elm Ct

Rancho Dorado South

Tuscany Village

Bouganviella Apartments

March Veterans Village
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.
South Moreno Valley, Moreno Valley, CA Local Guide

How much does it cost to rent an apartment in South Moreno Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Moreno Valley Studio Apartments | $1,650 | $1,650 | $1,650 |
| South Moreno Valley 1 Bedroom Apartments | $2,096 | $1,650 | $2,311 |
| South Moreno Valley 2 Bedroom Apartments | $2,372 | $1,675 | $2,926 |
| South Moreno Valley 3 Bedroom Apartments | $2,775 | $2,594 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the South Moreno Valley Neighborhood of Moreno Valley, CA.
See all Apartments in Moreno ValleyExplore Moreno Valley
South Moreno Valley, Moreno Valley, CA Local Guide
- Nearby Moreno Valley neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available South Moreno Valley Apartments for Rent
 The cheapest available apartment rental in the South Moreno Valley area of Riverside, CA is a 1 Bed unit found at Lasselle Place priced from $1,813. Ridgeview has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,961. Here are the most affordable South Moreno Valley apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lasselle Place | Design 1A Premier | 1BR,1BA | $1,813 |
| Ridgeview | Design 1A Premier 3 | 1BR,1BA | $1,961 |
| Arrive at Rancho Belago | Malibu | 1BR,1BA | $1,995 |
| Ardella on Chagall | 2 Bed 1 Bath Renovated | 2BR,1BA | $1,996 |
| Broadstone Rancho Belago | A1 | 1BR,1BA | $2,216 |
Best Value Apartments for Rent in South Moreno Valley, CA
As of July 26, 2026 the best value apartment in the South Moreno Valley area is the $2.03 price per square foot Bari F2 Model at Villa Annette Apartment Homes in the in the Palacio De Oro neighborhood starting from $2,995. The second greatest value South Moreno Valley apartment is the 2 Bed 1 Bath Renovated Model at Ardella on Chagall starting at $1,996 with a $2.28 price per square foot in the Palacio De Oro neighborhood. Here is today’s list of the best values for South Moreno Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villa Annette Apartment Homes | Bari F2 | 3BR,2BA | $2.03 |
| Ardella on Chagall | 2 Bed 1 Bath Renovated | 2BR,1BA | $2.28 |
| Ridgeview | Design 1A Premier 3 | 1BR,1BA | $2.47 |
| 22812 Adrienne Ave, Unit D | 22812 Adrienne Ave | 2BR,1BA | $2.37 |
| Broadstone Rancho Belago | A1 | 1BR,1BA | $2.99 |
| Arrive at Rancho Belago | Malibu | 1BR,1BA | $2.77 |
| Lasselle Place | Design 1A Premier 2 | 1BR,1BA | $2.76 |
| 24881 Cactus Ave | 24881 Cactus Ave | 1BR,1BA | $3.30 |
| 15656 Connemara Ct, Unit #3 | 15656 Connemara Ct | Studio ,1BA | $4.71 |
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 South Moreno Valley, Moreno Valley, CA
Vista del Lago High
School data provided by Great Schools
Frequently Asked Questions about Cheap South Moreno Valley Apartments
What is the price of a cheap apartment in South Moreno Valley?
The cheapest apartment in South Moreno Valley is Lasselle Place which is listed at $1,813, while the average apartment in South Moreno Valley costs $2,767.
What types of apartments are the cheapest in South Moreno Valley?
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 24 regular apartments in South Moreno Valley 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 South Moreno Valley?
Cheap apartments in South Moreno Valley have an average cost of $876 which is $1,891 cheaper than the average rent for all rentals in South Moreno Valley.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.