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Rental Market Trends

Menifee, CA

As of August 2025, Menifee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Menifee's average rent is 1.1% ($29) higher than the California average of $2,567 and 45.0% ($806) higher than the U.S. average of $1,790.

Average Rent

$2,596

Monthly ChangeMonth Over Month Change

5.1% ($140)

Yearly ChangeYear Over Year Change

5.4% ($132)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,110	14.3% ($264)	25.5% ($429)
2 Beds	$2,399	3.3% ($77)	17.5% ($357)
3 Beds	$2,885	0.4% ($11)	13.6% ($346)

Nearby Cities	Average Rent	Avg. Rent vs. MenifeeAverage Rent vs. Menifee	Avg. Days on MarketAverage Days on Market
Wildomar	$2,500	3.7% ($96)	33 days
Perris	$2,154	17% ($442)	33 days
Lake Elsinore	$2,411	7.1% ($185)	30 days
Winchester	$2,372	8.6% ($224)	30 days
Murrieta	$2,429	6.4% ($167)	29 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.

What is the average rent in Menifee, CA?

The average rent in Menifee, CA is $2,596 per month.

What is the rental price range for apartments in Menifee, CA?

Apartments in Menifee typically rent for between $1,477 and $3,751 per month, with an average of $2,596 per month.

What is the average rent for different bedroom sizes in Menifee, CA?

In Menifee, the average rent for a 1-bedroom apartment is $2,110 per month, for a 2-bedroom apartment, $2,399 per month, and a 3-bedroom apartment is $2,885 per month.

How do rent prices in Menifee, CA compare with the national average?

The average rent in Menifee is 45% ($806) higher than the national average of $1,790 per month.

How have rent prices in Menifee, CA changed recently?

The average rent in Menifee has decreased by 5.1% ($140) in the last month and increased by 5.4% ($132) over the past year.

How competitive is the rental market in Menifee, CA?

The rental market in Menifee, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Menifee, CA?

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.

How many rental properties are available in Menifee, CA?

There are currently 39 rental properties available in Menifee, CA.

Can I afford to rent an apartment in Menifee, CA?

Based on the current averages, a household would need an annual income of $95,960 to comfortably afford a 2-bedroom apartment in Menifee.