
Cheap Apartments for Rent in the South Moreno Valley Neighborhood of Moreno Valley, CA from $577 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Moreno Valley area of Moreno Valley.


Total Monthly Price
Lasselle Place

Total Monthly Price
Villa Annette Apartment Homes

Enclave at Legacy Park

15384 Perris Blvd
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15156 Elm Ct

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Bouganviella Apartments

March Veterans Village
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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 | $750 | $750 | $750 |
| South Moreno Valley 1 Bedroom Apartments | $2,221 | $1,994 | $2,700 |
| South Moreno Valley 2 Bedroom Apartments | $2,405 | $1,999 | $2,620 |
| South Moreno Valley 3 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 10 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
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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 Villa Annette Apartment Homes priced from $2,000. Lasselle Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,321. Here are the most affordable South Moreno Valley apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Annette Apartment Homes | Roma F1 | 1BR,1BA | $2,000 |
| Lasselle Place | Design 2A20 Premier | 2BR,2BA | $2,321 |
| Arrive at Rancho Belago | The Bay | 2BR,2BA | $2,325 |
Best Value Apartments for Rent in South Moreno Valley, CA
As of September 10, 2026 the best value apartment in the South Moreno Valley area is the $2.00 price per square foot 15395 Sheila St Model at 15395 Sheila St, Unit Sheila Place in the in the Palacio De Oro neighborhood starting from $1,999. The second greatest value South Moreno Valley apartment is the The Bay Model at Arrive at Rancho Belago starting at $2,325 with a $2.51 price per square foot in the Iris Landing 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. |
|---|---|---|---|
| 15395 Sheila St, Unit Sheila Place | 15395 Sheila St | 2BR,1BA | $2.00 |
| Arrive at Rancho Belago | The Bay | 2BR,2BA | $2.51 |
| Lasselle Place | Design 2A10 Premier 2 | 2BR,1BA | $2.75 |
| Villa Annette Apartment Homes | Roma F1 | 1BR,1BA | $2.61 |
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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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
School data provided by Great Schools
Frequently Asked Questions about Cheap South Moreno Valley Apartments
What is the lowest price for a Cheap Two Bedroom South Moreno Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Moreno Valley is starting from $2,321 at Lasselle Place.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.