Moreno Valley, CA—92553
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 $510,000, with a year-over-year change of -3.2%. 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 | $510,000 | -3.2% |
| Single Family | $511,000 | -3.4% |
| Condos | $389,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $426,000 | -2.5% |
3 Bed | $500,000 | -3.5% |
4 Bed | $537,000 | -3.8% |
| 5 Bed | $591,000 | -1.8% |
% of Housing Stock
Rental Trends — Moreno Valley, CA
As of July '25, Rentcast reports the average rent in Moreno Valley, CA is $2,480, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Moreno Valley, CA is studios: $1,400, 1-bedrooms: $1,700, 2-bedrooms: $2,210, 3-bedrooms: $2,920, 4-bedrooms: $3,200. The most common rental property sizes in Moreno Valley, CA are 2-bedroom and 3-bedroom, accounting for 38.8% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,480 |
| Studio Rent | $1,500 | $1,400 |
| 1 Bed Rent | $1,730 | $1,700 |
| 2 Bed Rent | $2,100 | $2,210 |
| 3 Bed Rent | $2,700 | $2,920 |
| 4 Bed Rent | $3,050 | $3,200 |
% 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 60. This is a increase of 34.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $539,000 | 0.0% |
Listing Count | 78 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 60 | 34.0% |
Demographics — Moreno Valley, CA
As of the latest ACS Survey released in 2023, Moreno Valley, CA has a population of 73,200, which has decreased by -3.5% over the past 5 years. Moreno Valley, CA is a popular place for families, as children make up 28.7% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 73,200 | -3.5% |
% Under 18 | 28.7% | -5.0% |
% Seniors | 9.2% | 27.8% |
% WFH | 5.0% | 47.1% |
% w/ College Degree | 13.1% | 22.4% |
As of the latest ACS Survey released in 2023, Moreno Valley, CA is a predominantly hispanic area, with 66.7% of the population identifying as hispanic. The hispanic population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Moreno Valley, CA is black, making up 15.2% of the population. Foreign-born residents account for 28.1% of the population in Moreno Valley, CA, and this percentage has increased by 3.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 10.4% | -1.9% |
% Black | 15.2% | -9.0% |
% Hispanic | 66.7% | 0.6% |
% Asian | 5.3% | 8.2% |
% Foreign Born | 28.1% | 3.7% |
Mortgage and Risk — Moreno Valley, CA
According to HUD data as of 2023, there were 368 mortgage originations in Moreno Valley, CA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Moreno Valley, CA. Investor activity is low, as 3.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 368 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
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 6.6%. 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 | 770 |
Total Units Section 8 | 674 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 90.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,730 | $2,070 |
| 2 Bedroom | $480 | $2,100 | $2,580 |
| 3 Bedroom | $740 | $2,700 | $3,440 |
| 4 Bedroom | $1,140 | $3,050 | $4,190 |
Affordability — Moreno Valley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $510,000 |
| Median Household Income | $71,300 |