Cheap Apartments for Rent in the South Moreno Valley Neighborhood of Moreno Valley, CA from $500 (12 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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15384 Perris Blvd
2 Bedroom Apartments

15384 Perris Blvd

15384 Perris BlvdMoreno Valley, CA 92551
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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

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

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 ListingModel NameBed/BathPriced From
Lasselle PlaceDesign 1A Premier1BR,1BA$1,813
RidgeviewDesign 1A Premier 31BR,1BA$1,961
Arrive at Rancho BelagoMalibu1BR,1BA$1,995
Ardella on Chagall2 Bed 1 Bath Renovated2BR,1BA$1,996
Broadstone Rancho BelagoA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Villa Annette Apartment HomesBari F23BR,2BA$2.03
Ardella on Chagall2 Bed 1 Bath Renovated2BR,1BA$2.28
RidgeviewDesign 1A Premier 31BR,1BA$2.47
22812 Adrienne Ave, Unit D22812 Adrienne Ave2BR,1BA$2.37
Broadstone Rancho BelagoA11BR,1BA$2.99
Arrive at Rancho BelagoMalibu1BR,1BA$2.77
Lasselle PlaceDesign 1A Premier 21BR,1BA$2.76
24881 Cactus Ave24881 Cactus Ave1BR,1BA$3.30
15656 Connemara Ct, Unit #315656 Connemara CtStudio ,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.

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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 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

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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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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.

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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.

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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.