Moreno Valley, CA—92551
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Moreno Valley, CA
As of Oct '25, the median home price in Moreno Valley, CA is $525,000, with a year-over-year change of -2.8%. This indicates that home prices in Moreno Valley, CA are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $525,000 | -2.8% |
| Single Family | $528,000 | -2.9% |
| Condos | $383,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $407,000 | -3.6% |
3 Bed | $500,000 | -2.9% |
4 Bed | $553,000 | -2.8% |
| 5 Bed | $602,000 | -2.6% |
% of Housing Stock
Rental Trends — Moreno Valley, CA
As of July '25, Rentcast reports the average rent in Moreno Valley, CA is $2,820, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Moreno Valley, CA is 1-bedrooms: $1,440, 2-bedrooms: $2,140, 3-bedrooms: $2,730, 4-bedrooms: $3,360. The most common rental property sizes in Moreno Valley, CA are 3-bedroom and 4-bedroom, accounting for 40.6% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,440 |
| 2 Bed Rent | $2,150 | $2,140 |
| 3 Bed Rent | $2,700 | $2,730 |
| 4 Bed Rent | $3,090 | $3,360 |
% of Rental Stock
Property Listings — Moreno Valley, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Moreno Valley, CA is 58. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $548,000 | -1.0% |
Listing Count | 60 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 58 | 10.0% |
Demographics — Moreno Valley, CA
As of the latest ACS Survey released in 2023, Moreno Valley, CA has a population of 36,200, which has increased by 7.8% over the past 5 years. Moreno Valley, CA is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,200 | 7.8% |
% Under 18 | 27.0% | -11.2% |
% Seniors | 7.8% | 5.4% |
% WFH | 6.0% | 328.6% |
% w/ College Degree | 14.4% | 7.5% |
As of the latest ACS Survey released in 2023, Moreno Valley, CA is a predominantly hispanic area, with 68.2% of the population identifying as hispanic. The hispanic population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Moreno Valley, CA is black, making up 18.0% of the population. Foreign-born residents account for 23.8% of the population in Moreno Valley, CA, and this percentage has decreased by 13.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.8% | -36.1% |
% Black | 18.0% | -2.7% |
% Hispanic | 68.2% | 9.6% |
% Asian | 4.2% | -27.6% |
% Foreign Born | 23.8% | -13.5% |
Mortgage and Risk — Moreno Valley, CA
According to HUD data as of 2023, there were 376 mortgage originations in Moreno Valley, CA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Moreno Valley, CA. Investor activity is low, as 2.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 376 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Moreno Valley, CA
As of 2024, the percent of homes in Moreno Valley, CA under the Section 8 program is 6.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Moreno Valley, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 155 |
Total Units Section 8 | 155 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $600 | $1,500 | $2,100 |
| 2 Bedroom | $460 | $2,150 | $2,610 |
| 3 Bedroom | $790 | $2,700 | $3,490 |
| 4 Bedroom | $1,150 | $3,090 | $4,240 |
Affordability — Moreno Valley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $525,000 |
| Median Household Income | $92,200 |