Low Income Apartments and Affordable Housing For Rent in Moreno Valley, CA

Discover affordable housing in Moreno Valley where there are 12+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

TELACU Villa

25105 Fir Ave, Moreno Valley, California 92553

Eucalyptus Towers Co-op

24169 Eucalyptus Avenue, Moreno Valley, California 92553

Amber Ridge Apartments

13400 Elsworth Street, Moreno Valley, California 92553

Courtyards at Cottonwood

24580 Cottonwood Ave., Moreno Valley, California 92553

Cottonwood Place Apartments

24115 Cottonwood Ave, Moreno Valley, California 92553

Hemlock Family Apartments

24889 Hemlock Ave, Moreno Valley, California 92557

Moreno Valley Housing

24545 Bay Ave, Moreno Valley, California 92553

Hm506001 Casitas Del Valle Family Apartments

12318 Lamos Pl, Moreno Valley, California 92557

Bay Family Apartments

22717 Bay Ave, Moreno Valley, California 92553

Oakwood Apartments

15170 Perris Blvd, Moreno Valley, California 92551

Perris Isle Senior Housing

12960 Perris Blvd, Moreno Valley, California 92553

Rancho Dorado II Family Apartments

25105 John F Kennedy Dr, Moreno Valley, California 92551

calendar_today Opened: Jun 30
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Moreno Valley, California
$38.07/hour
$22.07 (+138%) more than California minimum wage and $30.82 (+425%) more than the Federal minimum wage.
Learn More About Moreno Valley, California Affordable Housing ↓

What HUD offices serve Moreno Valley, California?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Moreno Valley, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Moreno Valley.

How many renters live in Moreno Valley, California?

The City of Moreno Valley has 211,915 people living in 54,515 households.

There are 69,864 renters living in 18,835 renter households in this City. Renters make up 32.97 percent of the population living in Moreno Valley.

What is the rental market like in Moreno Valley, California?

There are an estimated 55,942 housing units in the Moreno Valley area. Of these, 20,576 units are rental homes, making up 37 percent of the housing market. For every renter household in Moreno Valley, California, there are 1 rental units.

What is the vacancy rate for rentals in Moreno Valley?

The rental vacancy rate in Moreno Valley is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Moreno Valley for each bedroom size?

Occupied Rental Units by Size in Moreno Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
466 2,471 6,179 6,131 3,678
Occupied Rental Units by Size in Moreno Valley

A large number of apartments in Moreno Valley have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Moreno Valley are overburdened by housing costs?

Among renter households in this market, 59 percent have housing cost burden. Further, 34 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Moreno Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,517 to $3,304. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,517
One BR $1,611
Two BR $2,010
Three BR $2,707
Four BR $3,304
2024 Fair Market Rents in Moreno Valley, California

How many units are rented at Fair Market Rent (FMR) in Moreno Valley?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 201 43 percent
One BR 1,172 47 percent
Two BR 1,566 25 percent
Rental Units Below FMR in Moreno Valley, California

How many affordable rental units are in Moreno Valley?

There are a variety of federal affordable housing programs serving households in Moreno Valley, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 989
Section 8 Project-Based Rental Assistance 87
Section 202 Supportive Housing for the Elderly 69
Section 811 Supportive Housing for Persons with Disabilities 28
Tracked Units by Federal Program in Moreno Valley, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Moreno Valley, California

Moreno Valley features 169 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Moreno Valley, California

There are 825 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moreno Valley.

Housing Choice Vouchers in Moreno Valley, California

On average, Section 8 Housing Choice vouchers pay Moreno Valley landlords $700 per month towards rent. The average voucher holder contributes $600 towards rent in Moreno Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Moreno Valley, California for a two-bedroom apartment is between $1,809 and $2,211.

Sourced from federal housing data and AffordableHousingOnline.com research.