2 rentals in Cherry Valley

Cherry Valley is a census-designated place (CDP) in Riverside County, California, United States. The population was 6,509 at the 2020 census, up from 6,362 at the 2010 census. It is situated at the most northwestern point of the San Gorgonio Pass.
Cherry Valley is an unincorporated community near Beaumont with rural atmosphere. Features affordable housing and mountain views.
Today, Cherry Valley has 2 homes for rent at a median rent of $3,975/mo, typically leasing in about 47 days.
Median Rent
$2,200/mo
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.2 months of supply
Landlord's MarketWith only 2 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~47 days.
Rental Velocity
How fast rentals are leasing
Rentals are taking longer to lease—renters have more time to compare options and negotiate.
Rental Inventory Distribution
Rentals are taking longer to lease—a larger share of listings remain on the market beyond 30 days, giving renters more leverage.
Housing Tenure in Cherry Valley
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
85%
Homeowners
15%
Renters
Homeownership is 29.5% higher than the California average (55.5%)
2,753 households (2023)
Median Rent by Bedroom
Rent rises with each additional bedroom, with notable jumps for larger units.
Each additional bedroom adds about $1,880/mo to rent on average.
Rent Reductions
2 listings have reduced their rent
100% of active listings
Average reduction: 13.0% (~$517/mo)
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