Moreno Valley, CA—92557
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 $564,000, with a year-over-year change of -3.4%. 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 | $564,000 | -3.4% |
| Single Family | $565,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $448,000 | -1.8% |
3 Bed | $532,000 | -3.6% |
4 Bed | $589,000 | -3.4% |
| 5 Bed | $647,000 | -3.7% |
% of Housing Stock
Rental Trends — Moreno Valley, CA
As of July '25, Rentcast reports the average rent in Moreno Valley, CA is $2,800, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Moreno Valley, CA is studios: $1,620, 1-bedrooms: $1,570, 2-bedrooms: $2,020, 3-bedrooms: $2,760, 4-bedrooms: $3,500. The most common rental property sizes in Moreno Valley, CA are 2-bedroom and 3-bedroom, accounting for 26.8% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio Rent | $1,450 | $1,620 |
| 1 Bed Rent | $1,600 | $1,570 |
| 2 Bed Rent | $1,800 | $2,020 |
| 3 Bed Rent | $2,700 | $2,760 |
| 4 Bed Rent | $3,250 | $3,500 |
% 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 42. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $597,000 | 0.0% |
Listing Count | 126 | 23.0% |
| Listings as % of Homes | 0.7% | 23.0% |
Days on Market | 42 | -9.0% |
Demographics — Moreno Valley, CA
As of the latest ACS Survey released in 2023, Moreno Valley, CA has a population of 55,700, which has increased by 7.0% over the past 5 years. Moreno Valley, CA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,700 | 7.0% |
% Under 18 | 26.0% | -0.8% |
% Seniors | 11.0% | 13.4% |
% WFH | 7.5% | 141.9% |
% w/ College Degree | 18.9% | 2.2% |
As of the latest ACS Survey released in 2023, Moreno Valley, CA is a predominantly hispanic area, with 53.7% of the population identifying as hispanic. The hispanic population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Moreno Valley, CA is white, making up 18.5% of the population. Foreign-born residents account for 21.6% of the population in Moreno Valley, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 18.5% | -18.1% |
% Black | 17.7% | 7.9% |
% Hispanic | 53.7% | 3.5% |
% Asian | 5.3% | -23.2% |
% Foreign Born | 21.6% | 0.0% |
Mortgage and Risk — Moreno Valley, CA
According to HUD data as of 2023, there were 674 mortgage originations in Moreno Valley, CA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Moreno Valley, CA. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 674 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
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 5.9%. 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 | 310 |
Total Units Section 8 | 310 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,600 | $1,970 |
| 2 Bedroom | $650 | $1,800 | $2,450 |
| 3 Bedroom | $570 | $2,700 | $3,270 |
| 4 Bedroom | $730 | $3,250 | $3,980 |
Affordability — Moreno Valley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $564,000 |
| Median Household Income | $93,500 |