Airbnb City Guide: The Best Places To Invest in Moreno Valley, California

Airbnb Rules and Regulations in Moreno Valley, California

As of 2024, short-term rental hosts in Moreno Valley must adhere to the regulations set forth by Riverside County. Property owners are required to obtain a short-term rental certificate from the county for stays shorter than 30 nights. To ensure compliance, hosts must prominently display essential information within the rental, including the operator's name and contact number, local contact person details, maximum parking capacity, trash pick-up schedule, and copies of relevant ordinances.

The responsible operator must be available 24/7 to address complaints within 60 minutes. Occupancy limits are determined by the property's size, with a maximum of 10 guests for rentals on lots up to one acre, 16 guests for lots between one and two-and-a-half acres, and 20 guests for larger properties. Hosts must also notify neighbors within 300 feet of the property's use as a short-term rental and pay the required transient occupancy tax. Failure to comply with these regulations may result in fines or the revocation of the rental certificate.

Moreno Valley Airbnb Market Data:

• Average Revenue – $32.3K per year
• Average Daily Rate – $180.4 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $91.5
• Average Home Prices – $543,279

1. Top Place to Invest in Moreno Valley, California - 92557 Area

Nestled in the heart of Moreno Valley, the 92557 zip code offers a compelling blend of affordability, convenience, and potential for growth. This diverse neighborhood provides an attractive opportunity for short-term rental investors seeking to capitalize on the city's expanding economy and strategic location within the Inland Empire region.

92557 Area Airbnb Market Data:

• Average Revenue – $50K per year
• Average Daily Rate – $248.7 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $139

Convenience - 7/10

The 92557 area boasts easy access to major highways, including State Route 60 and Interstate 215, connecting residents to key destinations throughout Riverside County. Essential amenities such as grocery stores, restaurants, and retail centers are well-distributed, ensuring a comfortable living experience for both locals and visitors.

Tourist Attractions - 5/10

While the 92557 zip code itself may not be a primary tourist destination, its proximity to regional attractions like the March Field Air Museum and Lake Perris State Recreation Area adds value for short-term rental guests. The nearby Box Springs Mountain Reserve Park offers hiking trails and scenic views, appealing to outdoor enthusiasts.

Things to Do - 6/10

Moreno Valley provides a range of activities and events for residents and visitors alike. The city's parks, including the Moreno Valley Community Park and Sunnymead Park, host festivals, concerts, and sports tournaments throughout the year. The Moreno Valley Mall and nearby shopping centers offer diverse retail and dining options.

Average Home Prices - 8/10

As of March 2024, the median home price in the 92557 zip code stands at $520,200, representing a 12.1% increase since 2000. This relatively affordable entry point, coupled with the area's 6.3% year-over-year appreciation rate, positions the 92557 area as an attractive market for investors seeking both cash flow and long-term growth potential.

Proximity to Work-Related Travel - 7/10

The 92557 area's strategic location near major transportation corridors facilitates convenient access to key employment centers, including the March Air Reserve Base and the Riverside University Health System Medical Cente. The city's ongoing efforts to attract new businesses and industries further enhance the potential for corporate travel and extended-stay rentals.

X-Factor - 7/10

The 92557 zip code's diverse population and vibrant community spirit set it apart from other neighborhoods in the region. The area's affordability and proximity to both natural attractions and urban amenities make it an appealing choice for short-term rental guests seeking an authentic Inland Empire experience without breaking the bank.

2. Top Place to Invest in Moreno Valley, California - 92555 Area

The 92555 zip code in Moreno Valley, California, offers a compelling mix of affordability, convenience, and potential for growth. Situated in the heart of the Inland Empire, this area presents an attractive opportunity for short-term rental investors looking to capitalize on the city's expanding economy and strategic location.

92555 Area Airbnb Market Data:

• Average Revenue – $24.6K per year
• Average Daily Rate – $146.3 per night
• Average Occupancy Rate – 46%
• Average RevPAR – $68.5

Convenience - 8/10

One of the 92555 area's greatest strengths is its convenience. With easy access to major highways like State Route 60 and Interstate 215, residents and visitors can quickly reach key destinations throughout Riverside County. The neighborhood boasts a wide range of amenities, including grocery stores, restaurants, and the Moreno Valley Mall, ensuring a comfortable living experience.

Tourist Attractions - 6/10

While the 92555 area may not be a primary tourist destination, it offers proximity to several regional attractions. The March Field Air Museum, showcasing aviation history, is just a short drive away. Outdoor enthusiasts can explore the nearby Box Springs Mountain Reserve Park or take a day trip to the stunning Lake Perris State Recreation Area.

Things to Do - 7/10

Moreno Valley provides a variety of activities for residents and visitors. The city's parks, such as the TownGate Memorial Park, host events and offer spaces for sports and recreation. The Moreno Valley Mall features diverse shopping and dining options. The city also organizes annual local festivals and events that unite the community.

Average Home Prices - 8/10

As of March 2024, the median home price in Moreno Valley stands at $537,000, representing a 6.3% year-over-year increase. This relatively affordable entry point, combined with the area's steady appreciation rate, positions the 92555 zip code as an attractive market for investors looking to buy a home to transform into an Airbnb.

Proximity to Work-Related Travel - 7/10

The 92555 area's strategic location facilitates convenient access to major employment centers. The March Air Reserve Base, a significant economic driver, is located nearby. The city's ongoing efforts to attract new businesses and industries further enhance the potential for corporate travel and extended-stay rentals.

X-Factor - 7/10

What sets the 92555 area apart is its unique blend of affordability and growth potential within the dynamic Inland Empire region. As Moreno Valley continues to develop and attract new residents and businesses, the demand for short-term rentals is likely to increase. Investors who can tap into this emerging market and provide quality accommodations stand to benefit from the area's long-term prospects.

3. Top Place to Invest in Moreno Valley, California - 92551 Area

Nestled in the heart of the Inland Empire, the 92551 zip code in Moreno Valley offers a compelling blend of affordability, convenience, and potential for growth. This diverse area presents an attractive opportunity for those aspiring to start a short-term rental and capitalize on the city's expanding economy and strategic location.

92551 Area Airbnb Market Data:

• Average Revenue – $20.1K per year
• Average Daily Rate – $125.3 per night
• Average Occupancy Rate – 44%
• Average RevPAR – $58.3

Convenience - 8/10

One of the 92551 area's greatest strengths is its prime location and easy access to major highways, including State Route 60 and Interstate 215. This connectivity allows residents and visitors to quickly reach key destinations throughout Riverside County. The neighborhood also boasts a wide range of amenities, such as grocery stores, restaurants, and the Moreno Valley Mall, ensuring a comfortable living experience.

Tourist Attractions - 6/10

While the 92551 area may not be a primary tourist destination, it offers proximity to several regional attractions that draw visitors. The March Field Air Museum, showcasing aviation history, is just a short drive away. Outdoor enthusiasts can explore the nearby Box Springs Mountain Reserve Park or take a day trip to the stunning Lake Perris State Recreation Area.

Things to Do - 7/10

Moreno Valley provides a variety of activities for residents and visitors alike. The city's parks, such as the Moreno Valley Community Park and Sunnymead Park, host events and offer spaces for sports and recreation. The Moreno Valley Mall features diverse shopping and dining options. The city also organizes annual festivals and events that unite the community.

Average Home Prices - 8/10

As of April 2024, the median home price in the 92551 zip code stands at $689,000, according to recent listings. This relatively affordable entry point, combined with the area's steady appreciation rates in recent years, positions the 92551 area as an attractive market for investors seeking both cash flow and long-term growth potential.

Proximity to Work-Related Travel - 8/10

The 92551 area's strategic location facilitates convenient access to major employment centers. The March Air Reserve Base, a significant economic driver, is located nearby. The Riverside University Health System Medical Center and Moreno Valley College are also within easy reach. As the city continues attracting new businesses and industries, the potential for corporate travel and extended-stay rentals will likely increase.

X-Factor - 7/10

What sets the 92551 area apart is its unique blend of affordability, growth potential, and community spirit within the dynamic Inland Empire region. As Moreno Valley continues to develop and attract new residents and businesses, the demand for short-term rentals is poised to rise. Investors who can tap into this emerging market and provide quality accommodations stand to benefit from the area's long-term prospects.

4. Top Place to Invest in Moreno Valley, California - 92553 Area

Situated in the western part of Moreno Valley, the 92553 zip code offers a compelling mix of affordability, convenience, and potential for growth. This diverse neighborhood presents a great location to start an Airbnb rental business that allows investors to capitalize on the city's expanding economy and strategic location within the Inland Empire region.

92553 Area Airbnb Market Data:

• Average Revenue – $19K per year
• Average Daily Rate – $108.6 per night
• Average Occupancy Rate – 48%
• Average RevPAR – $57.3

Convenience - 8/10

The 92553 area boasts excellent connectivity, with easy access to major highways like State Route 60 and Interstate 215. This allows residents and visitors to quickly reach key destinations throughout Riverside County. The neighborhood also offers a wide range of amenities, including grocery stores, restaurants, and shopping centers, ensuring a comfortable living experience.

Tourist Attractions - 6/10

While the 92553 area may not be a primary tourist destination, it offers proximity to several regional attractions that can draw visitors. The March Field Air Museum, showcasing aviation history, is just a short drive away. Outdoor enthusiasts can explore the nearby Lake Perris State Recreation Area or take a scenic hike in the Box Springs Mountain Reserve Park.

Things to Do - 7/10

Moreno Valley provides a variety of activities for residents and visitors alike. The city's parks, such as the Moreno Valley Community Park and Sunnymead Park, host events and offer spaces for sports and recreation. The nearby Moreno Valley Mall features diverse shopping and dining options. Additionally, the city organizes annual festivals and events that bring the community together.

Average Home Prices - 9/10

As of April 2024, the median home price in the 92553 zip code stands at an attractive $525,000, according to Zillow data. This represents a modest 0.9% year-over-year appreciation, suggesting a stable and affordable market for investors. The relatively low entry point and the potential for steady cash flow make the 92553 area an appealing choice for short-term rental investors.

Proximity to Work-Related Travel - 8/10

The 92553 area's strategic location facilitates convenient access to major employment centers. The March Air Reserve Base, a significant economic driver, is located nearby. The Riverside University Health System Medical Center and Moreno Valley College are also within easy reach. As the city continues attracting new businesses and industries, the potential for corporate travel and extended-stay rentals will likely increase.

X-Factor - 8/10

What sets the 92553 area apart is its unique blend of affordability, growth potential, and community spirit within the dynamic Inland Empire region. As Moreno Valley continues to develop and attract new residents and businesses, the demand for short-term rentals is poised to rise. Investors who can tap into this emerging market and provide quality accommodations at competitive prices stand to benefit from the area's long-term prospects.