
Cheap Homes for Rent in the South Moreno Valley Neighborhood of Moreno Valley, CA from $2,295 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Moreno Valley area of Moreno Valley.


25836 Iris Ave
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.

25794 Iris Ave

25832 Iris Ave
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.

24475 St James Dr
South Moreno Valley, Moreno Valley, CA Local Guide

How much does it cost to rent a home in South Moreno Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Moreno Valley 2 Bedroom Homes for Rent | $2,362 | $2,295 | $2,500 |
| South Moreno Valley 3 Bedroom Homes for Rent | $2,980 | $2,800 | $3,299 |
| South Moreno Valley 4 Bedroom Homes for Rent | $3,751 | $2,895 | $7,300 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Moreno Valley Neighborhood of Moreno Valley, CA.
Explore 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 2 Beds unit found at Lasselle Place priced from $2,274. Arrive at Rancho Belago has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,325. 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 2A20 Premier | 2BR,2BA | $2,274 |
| Arrive at Rancho Belago | The Bay | 2BR,2BA | $2,325 |
| Villa Annette Apartment Homes | Bari F2 | 3BR,2BA | $2,995 |
Best Value Apartments for Rent in South Moreno Valley, CA
As of September 07, 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 |
| Villa Annette Apartment Homes | Siena F3 | 1BR,1BA | $2.37 |
| Lasselle Place | Design 2A10 Premier 2 | 2BR,1BA | $2.75 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 South Moreno Valley
What type of rentals are currently available in South Moreno Valley?
There are currently 29 Apartments for Rent in South Moreno Valley, CA with pricing that ranges from $750 to $2,995. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Moreno Valley ranging from $2,295 to $7,300.
What is the current price range for Rental Homes in South Moreno Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Moreno Valley ranges from $2,295 to $7,300 with an average monthly rent of $3,045.
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.