47 rentals in Menifee
Menifee is one of California's newest and fastest-growing cities, incorporated in 2008. Offers affordable new construction and diverse communities from retirement to young families.
Today, Menifee has 47 homes for rent at a median rent of $2,899/mo, typically leasing in about 23 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Rent
$2,600/mo
↓ 3.7% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.2 months of supply
Landlord's MarketWith only 47 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 ~23 days.
Rental Velocity
How fast rentals are leasing
Rentals are leasing quickly—be prepared to apply fast when you find a good fit. Leasing 73% faster than 6 months ago.
Rental Inventory Distribution
Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.
Housing Tenure in Menifee
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
80%
Homeowners
20%
Renters
Homeownership is 24.5% higher than the California average (55.5%)
35,034 households (2023)
Affordability Snapshot
Typical rent
$2,899/mo
Median rent
Affordable budget (30%)
$2,230/mo
Based on median income
Median household income
$7,432/mo
Menifee
Typical rent costs about 39% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$116K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $515.25/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 3 → 4 bedrooms (+$730/mo)
Rent Reductions
11 listings have reduced their rent
23% of active listings
Average reduction: 6.0% (~$174/mo)
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