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

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Cheap Apartments 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

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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 Reserve at Rancho Belago (Phase I) priced from $1,925. Lasselle Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,960. Here are the most affordable South Moreno Valley apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Reserve at Rancho Belago (Phase I)The Cortona1BR,1BA$1,925
Lasselle PlaceA1A1BR,1BA$1,960
Baywood Villas ApartmentsVilla Bonita - Upstairs2BR,2BA$2,075
Asante Villas ApartmentsTanzania2BR,1BA$2,082
Arrive at Rancho BelagoMalibu1BR,1BA$2,095

Best Value Apartments for Rent in South Moreno Valley, CA

As of May 06, 2025 the best value apartment in the South Moreno Valley area is the $2.00 price per square foot Villa Bonita - Upstairs Model at Baywood Villas Apartments in the in the Parkside at Towngate neighborhood starting from $2,075. The second greatest value South Moreno Valley apartment is the A1B Model at Ridgeview starting at $2,207 with a $2.65 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.
Baywood Villas ApartmentsVilla Bonita - Upstairs2BR,2BA$2.00
RidgeviewA1B1BR,1BA$2.65
Asante Villas ApartmentsTanzania2BR,1BA$2.55
Reserve at Rancho Belago (Phase I)The Cortona1BR,1BA$2.45
Villa Annette Apartment HomesRoma F11BR,1BA$2.73
Broadstone Rancho BelagoA11BR,1BA$2.86
Arrive at Rancho BelagoMalibu1BR,1BA$2.91
Lasselle PlaceA1A1BR,1BA$2.86

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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 Reserve at Rancho Belago (Phase I) which is listed at $1,925, while the average apartment in South Moreno Valley costs $2,810.

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 184 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 $1,921 which is $889 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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.