ZIP Code · CA

ZIP 92553

Part of Moreno Valley, CA

Pop. 74,640·Riverside County·713th most expensive ZIP in California

Median rent (all units)

$2,300/mo

Year-over-Year

+3.6%

Month-over-Month

+0.3%

vs US Median

+$368

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 92553 · $2,300

More expensive than 74% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,970

1 BR

$2,070

2 BR

$2,560

3 BR

$3,390

4 BR+

$4,090

Research median

$2,560/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 92553 usually run 0.7% below trend in December and 0.6% above it in June, about $30 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 92553 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of California

Rent in ZIP 92553 changed +3.7% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($78,246) is $1,956 a month. That is less than HUD's Fair Market Rent for a studio ($1,970).

Rank in Moreno Valley

1st cheapest of 4 ZIP codes in Moreno Valley.

Cheaper nearby

ZIP 92324, 7 miles away, rents for 16% less ($1,929/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92553. 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.

Annual cost

$27,600/yr

At $2,300/mo median

Location

CityMoreno Valley

StateCA

CountyRiverside County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.6% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 92553 (Moreno Valley, CA) is roughly split between renters and owners, has a large share of families with children, 13.5% of residents hold a bachelor's degree or higher.

Population

74,640

Median income

$78,246

Median age

31.4

Renters

48.1%

Age distribution

27.2%

28.5%

25.2%

Under 1827.2%

18–3428.5%

35–5425.2%

55–649.8%

65+9.2%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

14.8%

70.6%

White14.8%

Black11.9%

Hispanic70.6%

Asian5.1%

Education (25+)

26.5%

33.4%

26.5%

13.5%

No HS diploma26.5%

HS diploma33.4%

Some college26.5%

Bachelor's+13.5%

Housing tenure

51.9%

48.1%

Owner51.9%

Renter48.1%

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

2021 vs 2026

How ZIP 92553 in Moreno Valley, CA has changed in 5 years

Rent

$1,802 → $2,300

up 27.6%

Income

$59,966 → $78,246

up 30.5%

Population

73,632 → 74,640

up 1.4%

Renter share

50% → 48.1%

-1.9 pts

Bachelor's+

12.7% → 13.5%

+0.8 pts

Median age

29.9 → 31.4

+1.5 yrs

Across the past five years, the going rent in ZIP 92553 in Moreno Valley, CA has shifted from $1,802 to $2,300, up 27.6% since 2021. On the earnings side, the typical household in ZIP 92553 in Moreno Valley, CA now reports about $78,246, up from $59,966 in 2021. Census counts show ZIP 92553 in Moreno Valley, CA adding about 1,008 residents over the five-year window, up 1.4% on net. The renter share has eased from 50% to 48.1%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 92553 in Moreno Valley, CA reflects that arc in its own way.

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About renting in ZIP 92553

Last updated: October 17, 2026

ZIP code 92553 covers Moreno Valley, CA. The median rent here is $2,300/mo as of October 2026. A 1-bedroom rents for a median of $2,070/mo. A 2-bedroom rents for a median of $2,560/mo.

At 35% of local median household income ($78,246/yr), ZIP 92553 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92553?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (about $44/hour full-time) to afford the median rent of $2,300/mo in ZIP 92553. The local median household income is $78,246/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92553?

Rent in ZIP 92553 has risen 3.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 92553?

Asking rents in ZIP 92553 are usually lowest in December, about 0.7% below their yearly trend, and highest in June, about 0.6% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 92553 compare to other ZIPs in California?

ZIP 92553 is one of the more affordable among California ZIP codes for rent, ranking #713 of 898 at $2,300/mo. Over the year to September 2026, rent in ZIP 92553 changed +3.7%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.