Mortgage Rates in Moreno Valley, California — March 2026
Updated March 2026 | Based on Moreno Valley market data and regional lending conditions
Moreno Valley is a mid-sized city in California with a population of 212,477. The current 30-year fixed mortgage rate in Moreno Valley is 6.55%, which is 0.1% below the national average. With a median home price of $495,000 and a 20% down payment of $99,000, homebuyers can expect a monthly principal and interest payment of approximately $2,516.
Current Mortgage Rates in Moreno Valley, CA
Below are the current average mortgage rates available in the Moreno Valley area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.55% | 6.65% | -0.1% |
| 15-Year Fixed | 5.79% | 5.89% | -0.1% |
| 5/1 ARM | 6.05% | 6.15% | -0.1% |
| FHA | 6.15% | 6.25% | -0.1% |
| VA | 5.95% | 6.05% | -0.1% |
| Jumbo | 6.75% | 6.85% | -0.1% |
Moreno Valley Housing Market Overview
The Moreno Valley housing market reflects moderate demand with prices near the national average. The median household income in Moreno Valley is $63,825, and the cost of living index is 112.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $121,286 to comfortably afford the median-priced home in Moreno Valley, which exceeds the current median household income.
Monthly Payment Breakdown for Moreno Valley
Based on the median home price of $495,000 with 20% down ($99,000), here is what you can expect to pay monthly in Moreno Valley:
15-Year vs. 30-Year Mortgage in Moreno Valley
Choosing a 15-year mortgage in Moreno Valley at 5.79% instead of a 30-year at 6.55% would save you $312,300 in total interest over the life of the loan. However, your monthly payment would be $3,297 instead of $2,516 — an increase of $781 per month.
Calculate Your Moreno Valley Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Moreno Valley
What are the current mortgage rates in Moreno Valley, CA?
As of March 2026, the average 30-year fixed mortgage rate in Moreno Valley, California is 6.55%, while the 15-year fixed rate is 5.79%. FHA loans average 6.15% and VA loans 5.95%. These rates are 0.1% below the national average of 6.65%.
How much is a monthly mortgage payment in Moreno Valley?
Based on the median home price of $495,000 with 20% down, the estimated monthly mortgage payment in Moreno Valley is $2,516 for principal and interest. Including property taxes of $314/month, the total monthly housing cost is approximately $2,830.
What income do I need to buy a home in Moreno Valley?
Using the 28% rule, you would need an annual income of approximately $121,286 to afford the median-priced home in Moreno Valley at $495,000. The median household income in Moreno Valley is $63,825. This means most households would need to either earn above the median or consider homes below $495,000.
Is Moreno Valley a good place to buy a home in 2026?
Moreno Valley has a moderate cost of living with a cost of living index of 112.5 (national average = 100). The property tax rate in California is 0.76%, which is below the national average. Moreno Valley has a population of 212,477 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Moreno Valley, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.