Rents are 12% below what Moreno Valley's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,412 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Moreno Valley usually run 0.5% below trend in December and 0.8% above it in August, about $31 a month apart at today's median. Based on 11 years of data.
Rent in Moreno Valley is at its highest level since Zillow's records here began in January 2015.
Rent in Moreno Valley changed +3.7% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.
From 2019 to 2024, rent in Moreno Valley rose 48.8% while median household income rose 41% ($66,134 to $93,222). Rent outpaced income.
Rent in Moreno Valley is 52.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($93,222) is $2,331 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,153); a 2-bedroom is $2,678.
The priciest of 4 ZIP codes in Moreno Valley, 92555 ($2,672/mo), costs 16% more than the cheapest, 92553 ($2,300/mo).
Colton, 9 miles away, rents for 20% less ($1,929/mo), about $5,800 a year in savings.
From Zillow's monthly rent index (ZORI) for Moreno Valley. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Moreno Valley, CA has changed in 5 years
Across the past five years, the going rent in Moreno Valley, CA has shifted from $1,882 to $2,412, up 28.2% 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.
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Can you afford rent in Moreno Valley on your salary?
At $2,412/mo, how Moreno Valley rent compares to typical pay (30% rule).
Moreno Valley rent by bedroom count
Median rent for each apartment size in Moreno Valley. Click any size for full breakdown.
Tips for renters in Moreno Valley
Last updated: October 17, 2026
The median rent in Moreno Valley is $2,412/mo as of October 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 3.6% over the past year.
Frequently asked questions
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How does Moreno Valley rent compare to other cities in California?
Which nearby cities are cheaper to rent in than Moreno Valley?
At $2,412/mo, rent takes ~31% of Moreno Valley's median household income ($93,222/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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