Surrounding Submarket Area
Moreno Valley, California is a part of the University City/Moreno Valley Submarket submarket area, and contains 7 zip codes, including: 92554, 92553, 92556, 92551, 92555, and 92552.
Moreno Valley Demographics & Economic Trends
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.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
University City / Moreno Valley Submarket
$1,486
34.72%
4.70%
$63,572
209,050
8.11%
5.44%
92551 92552 92553 92554 92555 92556 92557
Submarket Area University City / Moreno Valley Submarket
Avg Rent $1,486
Rent Growth 34.72%
Vacancy 4.70%
Median Income $63,572
Population (2018) 209,050
Population Growth 8.11%
Vs. Nat’l Avg 5.44%
Zip Codes 92551 92552 92553 92554 92555 92556 92557

