Homes & Apartments for Rent in 92587

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What to Know About

Life in Menifee & Beyond

Menifee shares many of the great qualities that make California a desirable place to live.

California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.

There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.

With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

Menifee, CA

As of June 2026, Menifee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Menifee's average rent is 8.1% ($224) lower than the California average of $2,756 and 40.9% ($735) higher than the U.S. average of $1,797.

Average Rent
$2,532
Monthly ChangeMonth Over Month Change
Increased1.2% ($31)
Yearly ChangeYear Over Year Change
Decreased14.2% ($419)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,627 Increased2.4% ($38) Decreased17.2% ($337)
2 Beds $2,129 Decreased1.5% ($32) Decreased11.8% ($286)
3 Beds $2,845 Increased4.1% ($112) Decreased6% ($183)
Nearby Cities Average Rent Avg. Rent vs. MenifeeAverage Rent vs. Menifee Avg. Days on MarketAverage Days on Market
Perris $2,630 Increased3.9% ($98) 33 days
Lake Elsinore $2,565 Increased1.3% ($33) 30 days
Winchester $2,894 Increased14.3% ($362) 30 days
Murrieta $2,123 Decreased16.2% ($409) 29 days
Hemet $1,738 Decreased31.4% ($794) 24 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Menifee Rental Market FAQs

Explore rental prices, market trends, and availability in Menifee, CA.

The average rent in Menifee, CA is $2,532 per month.
Homes in Menifee typically rent for between $1,139 and $3,699 per month, with an average of $2,532 per month.
In Menifee, the average rent for a 1-bedroom home is $1,627 per month, for a 2-bedroom home, $2,129 per month, and a 3-bedroom home is $2,845 per month.
The average rent in Menifee is 40.9% ($735) higher than the national average of $1,797 per month.
The average rent in Menifee has increased by 1.2% ($31) in the last month and decreased by 14.2% ($419) over the past year.
The rental market in Menifee, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Menifee, CA, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 37 rental properties available in Menifee, CA.
Based on the current averages, a household would need an annual income of $85,160 to comfortably afford a 2-bedroom home in Menifee.
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