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Moreno Valley, CA Real Estate


According to census data in the year 2000 there were 41,462 housing units in Moreno Valley. This represents a 9.3% growth from 37,945 in 1990.

Of those housing units, 41,093 were located in either urbanized areas or urban clusters, and 369 were located in what is classified as a rural area.

Homeownership rate in Moreno Valley is about 71.3%. Moreno Valley's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 3.62 people.

The majority of houses, apartments or condos in Moreno Valley were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type5.40%
One Bedroom7.90%
Two Bedrooms16.20%
Three Bedrooms37.80%
Four Bedrooms28.20%
Five Bedrooms or more4.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.62
Median year structure was built1985
Median Value of occupied units$118,900
Median Price asked for vacant units$104,500

Rented Homes, Apartments and Condos

Average Household Size3.62
Median year structure was built1983
Median Monthly Rent asked for vacant units$631

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage17.90%
Home Equity Loan4.80%
Simple Mortgage70%
Debt Free6.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.6%