Performance indicators for the Moreno Valley short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Moreno Valley.
Loading top listings...
Challenging to Investors
STRs are permitted in single-family homes, but ADUs are prohibited, limiting investor options. The city imposes multiple compliance steps (business license, safety inspections, TOT certificate, local contact) with enforcement and fines, creating a compliance‑heavy environment and evolving legal risk, especially around ADUs.
Local STR Agent
STR specialist · Moreno Valley, CA
Moreno Valley is a sprawling suburban city in Riverside County, California, situated in the western part of the Inland Empire region east of the Los Angeles metropolitan area. With a population of roughly 210,000, it is one of the larger cities in the county and has grown rapidly since its incorporation in 1984, evolving from a cluster of dairy and bean farms into a diverse, family-oriented residential community. The city has a working-class character, with broad streets, master-planned neighborhoods, and a sunny, semi-arid climate that draws visitors year-round. It sits approximately 60 miles southeast of downtown Los Angeles and serves as a practical base for travelers exploring both the Inland Empire and the surrounding mountains, deserts, and coastal routes of Southern California.
One of the area's signature outdoor destinations is Lake Perris State Recreation Area, located just outside the city's eastern edge. About a 15-minute drive from most Moreno Valley neighborhoods, the lake offers boating, fishing, swimming, hiking, and rock climbing at the famous Santa Rosa Plateau area. It is a popular weekend escape for Southern Californians and a frequent stop for travelers heading toward Palm Springs or the Temecula wine country.
Within the city itself, the March Field Air Museum sits adjacent to March Air Reserve Base and showcases decades of aviation history, with a collection of military aircraft, memorabilia, and exhibits that appeal to families and history enthusiasts. It is an easy 10- to 15-minute drive from central Moreno Valley and provides a calm, indoor alternative to the region's outdoor attractions.
Just a short drive west, the adjacent city of Riverside offers cultural and natural anchors, including the historic Mission Inn and the hiking trails of Mount Rubidoux, both within about 20 minutes of Moreno Valley. Together with the broader Inland Empire's growing dining and entertainment scene, these nearby landmarks give visitors a varied mix of outdoor adventure, aviation history, and small-city charm.
For short-term rental investors and hosts, Moreno Valley's appeal lies in its affordability, its central position within the Inland Empire, and its proximity to a wide range of regional draws. Guests can spend a morning at Lake Perris, an afternoon exploring aviation history at March Field, and an evening dining in downtown Riverside, all while enjoying the relaxed pace of a community that feels distinctly Southern Californian without the price tag or traffic of the coastal cities. This combination of access, value, and variety makes Moreno Valley a quietly compelling base for travelers exploring the inland side of Southern California.