Moreno Valley, California is a part of the University City/Moreno Valley Submarket submarket area, and contains 7 zip codes, including: 92555, 92556, 92552, 92557, 92554, and 92551.
The 2019 average effective rent for Class A, B, and C apartments in the Moreno Valley, CA submarket area was $1,486, which is 34.72% higher than 2014 average rent. This represents a compounded annual growth rate of 6.14%. 2019 vacancy in Moreno Valley, CA was 4.70%.
The total population of the city of Moreno Valley, CA has grown 8.11% since 2010. As of 2018, the population was 209,050. The median household income of the Moreno Valley was $63,572, which is 5.44% higher than the national average.