Cheap Apartments for Rent in the South Moreno Valley Neighborhood of Moreno Valley, CA from $500 (10 Rentals)

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

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Villa Annette
$2,095 - $2,995
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$2,095 - $2,995

Total Monthly Price
$2,095 - $2,995
1 to 3 Bedroom Apartments Available Now

Villa Annette

14400 Lasselle StMoreno Valley, CA 92553
Corporate Housing
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15384 Perris Blvd
2 Bedroom Apartments

15384 Perris Blvd

15384 Perris BlvdMoreno Valley, CA 92551

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.

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15156 Elm Ct
2 Bedroom Apartments

15156 Elm Ct

15156 Elm CtMoreno Valley, CA 92551
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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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Tuscany Village
2 Bedroom Apartments

Tuscany Village

25055 Delphinium AveMoreno Valley, CA 92553
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Bouganviella Apartments
2 Bedroom Apartments

Bouganviella Apartments

15025-15121 Elm CtMoreno Valley, CA 92551
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March Veterans Village
Studio to 2 Bedroom Apartments

March Veterans Village

15305 6th StMarch Air Reserve Base, CA 92518
Military

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South Moreno Valley, Moreno Valley, CA Local Guide

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 Ardella on Chagall priced from $1,761. Ridgeview has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,006. Here are the most affordable South Moreno Valley apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Ardella on Chagall1 Bed 1 Bath Renovated1BR,1BA$1,761
RidgeviewDesign 1B Premier 21BR,1BA$2,006
Arrive at Rancho BelagoMalibu1BR,1BA$2,070

Best Value Apartments for Rent in South Moreno Valley, CA

As of June 11, 2026 the best value apartment in the South Moreno Valley area is the $2.57 price per square foot Design 1A Premier 3 Model at Ridgeview in the in the Palacio De Oro neighborhood starting from $2,042. The second greatest value South Moreno Valley apartment is the Roma F1 Model at Villa Annette starting at $2,095 with a $2.73 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 ListingModel NameBed/BathPrice Per Sq.Ft.
RidgeviewDesign 1A Premier 31BR,1BA$2.57
Villa AnnetteRoma F11BR,1BA$2.73
Broadstone Rancho BelagoA11BR,1BA$2.90
Arrive at Rancho BelagoMalibu1BR,1BA$2.87
Ardella on Chagall1 Bed 1 Bath Renovated1BR,1BA$2.49
Lasselle PlaceDesign 1A Premier 21BR,1BA$3.22

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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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 Ardella on Chagall which is listed at $1,761, while the average apartment in South Moreno Valley costs $2,871.

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 16 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 $636 which is $2,235 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

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.