Cheap Apartments for Rent in the South Moreno Valley Neighborhood of Moreno Valley, CA from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Moreno Valley area of Moreno Valley.

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Rancho Dorado South
2 to 3 Bedroom Apartments

Rancho Dorado South

25105 John F Kennedy DrMoreno Valley, CA 92551
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Tuscany Village
2 Bedroom Apartments

Tuscany Village

25055 Delphinium AveMoreno Valley, CA 92553
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Bouganviella Apartments
2 Bedroom Apartments

Bouganviella Apartments

15025-15121 Elm CtMoreno Valley, CA 92551
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15384 Perris Blvd
2 Bedroom Apartments

15384 Perris Blvd

15384 Perris BlvdMoreno Valley, CA 92551
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15156 Elm Ct
2 Bedroom Apartments

15156 Elm Ct

15156 Elm CtMoreno Valley, CA 92551
Showing Results 1-16, Page 1 of 1

South Moreno Valley, Moreno Valley, CA Local Guide

Cheapest Available South Moreno Valley Apartments for Rent

 

The cheapest available apartment rental in the South Moreno Valley area of Riverside, CA is a 1 Bed unit found at Baywood Villas Apartments priced from $1,800. Lasselle Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,811. Here are the most affordable South Moreno Valley apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Baywood Villas ApartmentsVilla Romantica - upstairs1BR,1BA$1,800
Lasselle PlaceA1A1BR,1BA$1,811
Reserve at Rancho Belago (Phase I)The Cortona1BR,1BA$1,928
RidgeviewA1B1BR,1BA$1,957
Arrive at Rancho BelagoMalibu1BR,1BA$2,095

Best Value Apartments for Rent in South Moreno Valley, CA

As of March 31, 2025 the best value apartment in the South Moreno Valley area is the $2.66 price per square foot B1A Model at Lasselle Place in the in the Palacio De Oro neighborhood starting from $2,323. The second greatest value South Moreno Valley apartment is the A1B Model at Ridgeview starting at $1,957 with a $2.35 price per square foot in the Palacio De Oro neighborhood. Here is today’s list of the best values for South Moreno Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lasselle PlaceB1A2BR,1BA$2.66
RidgeviewA1B1BR,1BA$2.35
Baywood Villas ApartmentsVilla Romantica - upstairs1BR,1BA$2.17
Reserve at Rancho Belago (Phase I)The Cortona1BR,1BA$2.45
Villa Annette ApartmentsRoma1BR,1BA$3.52
Prose Rancho BelagoA11BR,1BA$2.85
Arrive at Rancho BelagoMalibu1BR,1BA$2.91

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Best Local Schools in
South Moreno Valley, Moreno Valley, CA

School data provided by Great Schools

Best Local Schools in
South Moreno Valley, Moreno Valley, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap South Moreno Valley Apartments

What is the price of a cheap apartment in South Moreno Valley?

The cheapest apartment in South Moreno Valley is Baywood Villas Apartments which is listed at $1,800, while the average apartment in South Moreno Valley costs $2,855.

What types of apartments are the cheapest in South Moreno Valley?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 131 regular apartments in South Moreno Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Moreno Valley?

Cheap apartments in South Moreno Valley have an average cost of $2,091 which is $764 cheaper than the average rent for all rentals in South Moreno Valley.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.