Average Rent in Menifee, CA

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Current Versus Historical Menifee, CA Rents

Menifee rentals average $1,995 for a studio rental to $3,397 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $20 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $695 (-25.83%) year-over-year from $2,690 to $1,995. 1-bedroom rentals prices have increased by $465 (32.12%) year-over-year from $1,448 to $1,913. 2-bedroom rentals prices have increased by $472 (24.78%) year-over-year from $1,903 to $2,375. 3-bedroom rentals prices have increased by $25 (0.87%) year-over-year from $2,875 to $2,900. 4-bedroom rentals prices have increased by $66 (1.97%) year-over-year from $3,333 to $3,399. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.82% this month. 1-bedroom rents have gone up by 0.09% this month. 2-bedroom rents have gone up by 1.86% this month. 3-bedroom rents have gone down by 0.85% this month. 4-bedroom rents have gone down by 0.99% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$63.84	$1,995	$2,690 (-25.83%)	$14,490 (-86.23%)
1 BR	$31.48	$1,913	$1,448 (32.12%)	$1,715 (11.52%)
2 BR	$20.78	$2,375	$1,903 (24.78%)	$2,094 (13.41%)
3 BR	$22.75	$2,900	$2,875 (0.87%)	$2,690 (7.81%)
4+ BR	$16.87	$3,399	$3,333 (1.97%)	$3,258 (4.34%)

Historical Rents in Menifee, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Menifee

There are a total of 4 cities nearby Menifee. The average rent in Menifee is currently $3,073 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Hemet, CA, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Menifee, CA is Temecula, CA. Monthly rents here are on average $3,400 per month.

Let's compare Menifee, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Menifee, CA is 64.91% more expensive than other cities nearby. One bedrooms are about 15.03% more expensive. Two bedrooms in Menifee, CA are about 4.47% more expensive. Finally, rent for three bedrooms are about 3.31% more affordable. Want more information? Check out the top 4 cities near Menifee, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hemet, CA	$1,616	$1,450	$1,750	$2,200
Moreno Valley, CA	$1,400	$1,800	$2,238	$2,995
Murrieta, CA	N/A	$1,850	$2,699	$3,150
Temecula, CA	N/A	$1,008	$2,300	$3,400

Top Neighborhoods Near Menifee

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Menifee

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Menifee

There are a total of 2 zipcodes in or near Menifee, CA. The average rent for all of these zipcodes is $3,350.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Menifee, CA is $913 per month. Or in other words, $17 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,388 per month. Which comes out to $28 per sqft. The following table includes the top 2 zipcodes in Menifee, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
92563, Murrieta, CA	N/A	$1,825	$2,275	$3,200
92592, Riverside County, CA	N/A	N/A	$2,500	$3,500

Frequently Asked Questions - Menifee Average Rents

What is the average rent price in Menifee, CA?

The average monthly rental price for Menifee, CA apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Menifee, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Menifee, CA.

How much is a studio apartment in Menifee, CA?

The average monthly rental price for studio apartments is $1,995 and an average price per square feet of $63.84. There are a total of 1 studio apartment listings currently available for rent in Menifee.

How much is a one bedroom apartment in Menifee, CA?

The average monthly rental price for one bedroom apartments is $1,913 and an average price per square feet of $31.48. There are a total of 4 one bedroom apartment listings currently available for rent in Menifee.

How much is a two bedroom apartment in Menifee, CA?

The average monthly rental price for two bedroom apartments is $2,375 and an average price per square feet of $20.78. There are a total of 17 two bedroom apartment listings currently available for rent in Menifee.

How have rent prices in Menifee, CA changed this year?

Rent prices for rentals in Menifee, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by 0.32%, two bedroom rental prices have changed by 0.25%, three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Menifee, CA?

A reasonable rent price in Menifee, CA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.