City Report · CA

Moreno Valley

Pop. 211,666·282nd most expensive in California·Rental market data updated monthly for Moreno Valley, CA
Median rent (all units)
$2,381/mo
Year-over-Year
+1.6%
Month-over-Month
+0.7%
vs US Median
+$419
Rising (Monthly)
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Most AffordableMost Expensive
Moreno Valley · $2,381
More expensive than 75% of US cities · National median $1,962/mo
Rent Reality Score
73/100
Good value
OverheatedFairGreat value

Rents are 12% below what Moreno Valley's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,381/mo
Expected by trend
$2,695/mo
The Rent Reality Score compares today's median rent to where Moreno Valley's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,063
1 BR
$2,153
2 BR
$2,678
3 BR
$3,575
4 BR+
$4,350
Fair Market Rent (HUD)
$2,678/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,381 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$28,572/yr
At $2,381/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Moreno Valley, CA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 17.8% of residents hold a bachelor's degree or higher.

Population
211,666
Median income
$93,222
Median age
32.5
Renters
36.7%
Age distribution
25.9%
28.3%
25.8%
Under 1825.9%
18–3428.3%
35–5425.8%
55–6410.3%
65+9.8%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
19.2%
16%
61.9%
White19.2%
Black16%
Hispanic61.9%
Asian5.4%
Education (25+)
19.8%
31.3%
31%
17.8%
No HS diploma19.8%
HS diploma31.3%
Some college31%
Bachelor's+17.8%
Housing tenure
63.3%
36.7%
Owner63.3%
Renter36.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Moreno Valley, CA has changed in 5 years

Rent
$1,881 → $2,381
up 26.6%
Income
$73,635 → $93,222
up 26.6%
Population
208,371 → 211,666
up 1.6%
Renter share
37.9% → 36.7%
-1.2 pts
Bachelor's+
17.1% → 17.8%
+0.7 pts
Median age
31.5 → 32.5
+1.0 yrs

Across the past five years, the going rent in Moreno Valley, CA has shifted from $1,881 to $2,381, up 26.6% since 2021. On the earnings side, the typical household in Moreno Valley, CA now reports about $93,222, up from $73,635 in 2021. Census counts show Moreno Valley, CA adding about 3,295 residents over the five-year window, up 1.6% on net. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Moreno Valley, CA reflects that arc in its own way.

Community

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View Moreno Valley rent history (2015–2026) →
Salary vs rent

Can you afford rent in Moreno Valley on your salary?

At $2,381/mo, how Moreno Valley rent compares to typical pay (30% rule).

By apartment size

Moreno Valley rent by bedroom count

Median rent for each apartment size in Moreno Valley. Click any size for full breakdown.

Local insights

Tips for renters in Moreno Valley

About renting in Moreno Valley, CA

Last updated: August 17, 2026

The median rent in Moreno Valley is $2,381/mo as of August 2026. A studio apartment averages $2,063/mo while a 2-bedroom runs $2,678/mo. One-bedroom apartments average $2,153/mo and 3-bedroom units go for $3,575/mo.

At 31% of local median household income ($93,222/yr), Moreno Valley ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

Is Moreno Valley an affordable city for renters?

Moreno Valley is considered moderate for renters. At $2,381/mo, rent takes approximately 31% of the local median household income ($93,222/yr). The standard benchmark is 30%. Moreno Valley slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Moreno Valley?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,381/mo in Moreno Valley. The local median household income is $93,222/yr, meaning the typical Moreno Valley household falls short of that threshold.

Is rent going up or down in Moreno Valley?

Rent in Moreno Valley has increased 1.6% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Moreno Valley neighborhoods have the lowest rent?

The most affordable ZIP codes in Moreno Valley are 92553 ($2,263/mo), 92555 ($2,516/mo), and 92557 ($2,526/mo). Citywide, the median rent in Moreno Valley is $2,381/mo.

How does Moreno Valley rent compare to other cities in California?

Moreno Valley is one of the more affordable cities in California for rent, ranking #282 out of 381 tracked cities at $2,381/mo.

Which nearby cities are cheaper to rent in than Moreno Valley?

Several nearby cities have lower median rents than Moreno Valley ($2,381/mo): Colton ($1,936/mo), Grand Terrace ($2,061/mo).

What percentage of Moreno Valley residents rent vs. own?

According to Census data, approximately 36.7% of Moreno Valley households are renters, while 63.3% are owner-occupied. Moreno Valley leans toward homeownership, which can mean a smaller rental inventory.

How does Moreno Valley rent compare to the national average?

Moreno Valley's median rent of $2,381/mo is $419 (21%) above the US national median of $1,962/mo. Within California, it ranks #282 out of 381 tracked cities.
Income Affordability
31%
MODERATE

At $2,381/mo, rent takes ~31% of Moreno Valley's median household income ($93,222/yr). The standard benchmark is 30%.

Moreno Valley 31%Benchmark 30%
State income tax1–13.3%
Run the Moreno Valley affordability calculator →
Lowest-rent ZIP codes in Moreno Valley
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Moreno Valley, CA

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