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Moreno Valley

Learn about the people, housing, costs and businesses in Moreno Valley, California

Median Home$470,986
Median Rent$2,090/month
Population209,857
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade12% finance & insurance
Home Value Growth⬆⬆+19.8% over 2 years
Young Adults33% of residentswell above average
Homeowners63% of occupied units
NotableHigh Incomes$91k/year · top 24% nationally
Moreno Valley
CA

Frequently Asked Questions

What are today's mortgage rates in Moreno Valley?

As of today, the 30-year fixed mortgage rate for Moreno Valley is approximately 6.854% (6.889% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Moreno Valley?

The median home value in Moreno Valley is $471k. The median monthly rent is $2,090. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Moreno Valley?

Home values in Moreno Valley have increased 19.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Moreno Valley?

Based on a typical all-in ownership cost of $1,939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Moreno Valley is $91k/year.

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What industries drive the economy in Moreno Valley?

The largest employment sectors in Moreno Valley are public administration (20%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.