City Report · CA

Menifee

Pop. 110,305·161st most expensive in California·Menifee rents are up 9.7% over the past year
Median rent (all units)
$2,921/mo
Year-over-Year
+9.7%
Month-over-Month
+3.4%
vs US Median
+$959
Rising (Monthly)
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Most AffordableMost Expensive
Menifee · $2,921
More expensive than 89% of US cities · National median $1,962/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Menifee's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,921/mo
Expected by trend
$3,108/mo
The Rent Reality Score compares today's median rent to where Menifee's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,100
1 BR
$2,190
2 BR
$2,727
3 BR
$3,640
4 BR+
$4,430
Fair Market Rent (HUD)
$2,727/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,921 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$35,052/yr
At $2,921/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.7% YoY, +3.4% MoM), not inventory.
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Demographics

Who lives here

Menifee, CA is majority owner-occupied, has a median income above the national average, 22.5% of residents hold a bachelor's degree or higher.

Population
110,305
Median income
$93,454
Median age
38.1
Renters
19.8%
Age distribution
25%
20.4%
25.5%
17.4%
Under 1825%
18–3420.4%
35–5425.5%
55–6411.6%
65+17.4%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
45.9%
41.2%
White45.9%
Black7.7%
Hispanic41.2%
Asian6.4%
Education (25+)
25.4%
40.7%
22.5%
No HS diploma11.4%
HS diploma25.4%
Some college40.7%
Bachelor's+22.5%
Housing tenure
80.2%
19.8%
Owner80.2%
Renter19.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Menifee, CA has changed in 5 years

Rent
$2,132 → $2,921
up 37.0%
Income
$80,741 → $93,454
up 15.7%
Population
101,089 → 110,305
up 9.1%
Renter share
21.1% → 19.8%
-1.3 pts
Bachelor's+
20.6% → 22.5%
+1.9 pts
Median age
37.3 → 38.1
+0.8 yrs

The median rent in Menifee, CA stood at $2,132 in 2021 and currently runs about $2,921, reflecting a 37.0% increase over the period. On the earnings side, the typical household in Menifee, CA now reports about $93,454, up from $80,741 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 9.1% since 2021, moving from about 101,089 residents to roughly 110,305. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Menifee, CA reflects that arc in its own way.

Community

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View Menifee rent history (2015–2026) →
Salary vs rent

Can you afford rent in Menifee on your salary?

At $2,921/mo, how Menifee rent compares to typical pay (30% rule).

By apartment size

Menifee rent by bedroom count

Median rent for each apartment size in Menifee. Click any size for full breakdown.

Local insights

Tips for renters in Menifee

About renting in Menifee, CA

Last updated: August 17, 2026

The median rent in Menifee is $2,921/mo as of August 2026. A studio apartment averages $2,100/mo while a 2-bedroom runs $2,727/mo. One-bedroom apartments average $2,190/mo and 3-bedroom units go for $3,640/mo.

At 38% of local median household income ($93,454/yr), Menifee ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.7% over the past year.

FAQ

Frequently asked questions

Is Menifee an affordable city for renters?

Menifee is considered moderate for renters. At $2,921/mo, rent takes approximately 38% of the local median household income ($93,454/yr). The standard benchmark is 30%. Menifee slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Menifee?

To keep rent at or below 30% of gross income, you would need to earn at least $117,000/year (~$56/hour full-time) to afford the median rent of $2,921/mo in Menifee. The local median household income is $93,454/yr, meaning the typical Menifee household falls short of that threshold.

Is rent going up or down in Menifee?

Rent in Menifee has increased 9.7% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Menifee neighborhoods have the lowest rent?

The most affordable ZIP codes in Menifee are 92586 ($2,494/mo), 92585 ($2,795/mo), and 92584 ($3,073/mo). Citywide, the median rent in Menifee is $2,921/mo.

How does Menifee rent compare to other cities in California?

Menifee is middle-of-the-pack for California for rent, ranking #161 out of 381 tracked cities at $2,921/mo.

Which nearby cities are cheaper to rent in than Menifee?

Several nearby cities have lower median rents than Menifee ($2,921/mo): Lake Elsinore ($2,414/mo), Murrieta ($2,681/mo), Wildomar ($2,698/mo).

What percentage of Menifee residents rent vs. own?

According to Census data, approximately 19.8% of Menifee households are renters, while 80.2% are owner-occupied. Menifee leans toward homeownership, which can mean a smaller rental inventory.

How does Menifee rent compare to the national average?

Menifee's median rent of $2,921/mo is $959 (49%) above the US national median of $1,962/mo. Within California, it ranks #161 out of 381 tracked cities.
Income Affordability
38%
MODERATE

At $2,921/mo, rent takes ~38% of Menifee's median household income ($93,454/yr). The standard benchmark is 30%.

Menifee 38%Benchmark 30%
State income tax1–13.3%
Run the Menifee affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Menifee, CA

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