Moreno Valley, CA Rental Market Trends
The average rent for an apartment in Moreno Valley is $1,526, a 5% increase compared to the previous year.
Average Rent in Moreno Valley, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,526||5%||909 sq. ft.|
The average size for a Moreno Valley, CA apartment is 909 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Moreno Valley, CA Apartment Rent Ranges
- > $2,0005%
Moreno Valley, CA Occupied Housing Units
- Renter-occupied Households15%
- Owner-occupied Households84%
8,092 or 15% of the households in Moreno Valley, CA are renter-occupied while 42,528 or 84% are owner-occupied.
Moreno Valley, CA Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Moreno Valley, CA By Neighborhood
|Moreno Valley City||$1,526|
|Perris Reservoir - Mystic Lake||$1,714|
Moreno Valley | Rent Comparison by Neighborhood
Rent in Moreno Valley City is 11% lower than in Perris Reservoir - Mystic Lake
Moreno Valley City rent is 1% lower than Moreno Valley average
Perris Reservoir - Mystic Lake rent is 12% higher than Moreno Valley average
How Moreno Valley Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Moreno Valley rental trends, check out our monthly rent report
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