Rainbow Ridge Townhomes for Sale

/27
$820,130 New Construction
- 5 Beds
- 3.5 Baths
- 4,134 Sq Ft
24915 Sirius St, Moreno Valley, CA 92551

This new two-story Next Gen® home features a private suite with its own entrance, living area, kitchenette, bedroom and bathroom, perfect for multigenerational households. The main home is host to an inviting open-concept layout that encourages simple transitions and multitasking. On the second floor, a versatile loft provides a convenient shared living area easily accessible from three bedrooms

Lennar

Residence Four, Moreno Valley, CA 92551
/30
$804,721 New Construction
- 5 Beds
- 3.5 Baths
- 4,134 Sq Ft
Residence Four, Moreno Valley, CA 92551

This new two-story Next Gen® home features a private suite with its own entrance, living area, kitchenette, bedroom and bathroom, perfect for multigenerational households. The main home is host to an inviting open-concept layout that encourages simple transitions and multitasking. On the second floor, a versatile loft provides a convenient shared living area easily accessible from three bedrooms

Lennar

Residence Four, Moreno Valley, CA 92551
/27
$833,641 New Construction
- 5 Beds
- 3.5 Baths
- 4,134 Sq Ft
16605 Aquila St, Moreno Valley, CA 92551

This new two-story Next Gen® home features a private suite with its own entrance, living area, kitchenette, bedroom and bathroom, perfect for multigenerational households. The main home is host to an inviting open-concept layout that encourages simple transitions and multitasking. On the second floor, a versatile loft provides a convenient shared living area easily accessible from three bedrooms

Lennar

Residence Four, Moreno Valley, CA 92551
/27
$804,721 New Construction
- 5 Beds
- 3.5 Baths
- 4,134 Sq Ft
16552 Aquila St, Moreno Valley, CA 92551

This new two-story Next Gen® home features a private suite with its own entrance, living area, kitchenette, bedroom and bathroom, perfect for multigenerational households. The main home is host to an inviting open-concept layout that encourages simple transitions and multitasking. On the second floor, a versatile loft provides a convenient shared living area easily accessible from three bedrooms

Lennar

Residence Four, Moreno Valley, CA 92551

California Moreno Valley Rainbow Ridge

Why Live in Rainbow Ridge

Cohesive suburbia coexists with commerce in Rainbow Ridge. Located off Perris Boulevard, this Moreno Valley neighborhood features contemporary housing close to retail, dining and warehouses of major companies. Residents are within walking distance of a neighborhood park and two public schools, and the homes maintain prices that skew lower than those in nearby cities like Riverside and Loma Linda. “One good thing that keeps the Moreno Valley economy and real estate market going is we’re super affordable,” says Justin King, a Realtor with Nest Real Estate who grew up in the area. Rainbow Ridge is dominated by houses with Mediterranean-style influences, including terra-cotta roofs. “The houses are a bit more uniform, a lot of them are 1,700 square feet and up,” King says. Most were built in the 1980s and 1990s, but some homes sprung up in the last decade, including newer homes in the Legacy Park subdivision. Sidewalks line streets all over Rainbow Ridge, adding an element of walkability. Properties in the area go for $400,000 to $800,000. The Val Verde Unified School District covers this area and earns a B-plus rating on Niche. The neighborhood’s C-plus-rated Rainbow Ridge Elementary

Learn more about living in Rainbow Ridge

Home Trends in Rainbow Ridge, CA

On average, homes in Rainbow Ridge, Moreno Valley sell after 26 days on the market compared to the national average of 51 days. The median sale price for homes in Rainbow Ridge, Moreno Valley over the last 12 months is $556,000, down 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$556,000

Median Single Family Sale Price

$598,090

Median Townhouse Sale Price

$820,130

Average Price Per Sq Ft

$290

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

10.90

Median List Price

$603,331

Median Change From 1st List Price

Median Home Sale Price YoY Change

-1%

How to Buy a Home How to Finance a Home How to Sell a Home

In Rainbow Ridge, there are currently 4 townhouses for sale, offering a variety of options for potential buyers. With townhouses ranging from $804,721 to $833,641, there's something for every budget. As of July, 2025 the median home price in Rainbow Ridge, Moreno Valley is $603,331, while the average sale price is $566,247, providing insight into local market trends. On average, townhouses spend 26 days on the market before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options available to suit your needs. Browse properties and townhomes for sale in Rainbow Ridge, Moreno Valley, and discover the ideal residence to fit your needs.

Rainbow Ridge Types of Homes for Sale

Rainbow Ridge Homes for Sale

Rainbow Ridge Real Estate Listings

Rainbow Ridge New Construction Homes

More About Living in Rainbow Ridge

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