Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Moreno Valley area can be challenging. Home prices in Moreno Valley are now at a median cost of $354,794, lower than the California average of $648,235.
The average cost of rent is $1,820/mo in Moreno Valley, primarily driven by the current value of real estate in the Moreno Valley area. While nearly 21.38% of residents own their homes outright in Moreno Valley, 37.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Moreno Valley is $6,668 per month. Households that rent pay about 27.29% of their income on rent here. Moreno Valley's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- March ARB, CA: equally priced homes
- Mead Valley, CA: equally priced homes
- Moreno, CA: equally priced homes
- Perris, CA: equally priced homes
- Woodcrest, CA: higher priced homes
- Grand Terrace, CA: equally priced homes
- Lakeview, CA: higher priced homes
- Loma Linda, CA: equally priced homes
- Redlands, CA: higher priced homes
- Nuevo, CA: equally priced homes
Cities with Similar Populations
- Buena Park, CA: higher priced homes
- Buckeye, AZ: less expensive homes
- Bryan, TX: less expensive homes
- Buford, GA: less expensive homes
- Buffalo, NY: less expensive homes
- Anderson, IN: less expensive homes
- Abilene, TX: less expensive homes
- Apex, NC: higher priced homes
- Apple Valley, CA: less expensive homes
- Atascocita, TX: less expensive homes
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