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Rental Market Trends in Menifee, CA

What is the average rent in Menifee, CA?

$2,150/month

Average Rent

793 Sq Ft

Average Apartment Size

+3.1%

Increase in the Last Year

As of May 2026, the average rent in Menifee, CA is $2,150 per month. This is 31% higher than the national average rent price of $1,642/month, making Menifee one of the most expensive cities in the US. When you rent an apartment in Menifee, you can expect to pay about per month for a studio, $2,150 for a one-bedroom apartment, and around $2,398 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,110 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,150/month
793 Sq Ft
Two Bedroom
$2,398/month
1,055 Sq Ft
Three Bedroom
$3,110/month
1,401 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,715/month
341 Sq Ft
Three Bedroom
$2,965/month
1,504 Sq Ft
Four Bedroom
$3,554/month
2,244 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Menifee, CA?

In the past year, rent has increased by 3.1%, which averages out to $68 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Menifee, CA
Last Updated May 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Menifee, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Menifee?

Based on current rent prices, Sun City is the most affordable neighborhood in Menifee.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sun City
$2,117/month
734 Sq Ft

What are the most expensive neighborhoods in Menifee?

Based on current rent prices, Sun City is the most expensive neighborhood in Menifee.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sun City
$2,117/month
734 Sq Ft

Which Menifee neighborhoods have the most rentals available?

The neighborhood in Menifee with the most apartments available is Sun City .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sun City
$2,117/month
734 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Menifee, CA?

Because the average rent in Menifee is $2,150, you’ll want to make about $7,166 per month or $85,992 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Menifee, CA

320 Available Apartments for Rent

Search for Nearby Apartments

How does Menifee, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Menifee, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Menifee, CA

Apartment Averages

Sun City

Menifee, CA

Sun City

Menifee, CA

Studio
-
-
One Bedroom
$2,079/month
$2,079/month
Two Bedroom
$2,734/month
$2,734/month
Three Bedroom
$2,995/month
$2,995/month
Search
Search

Nearby City Rent Trends

  • Winchester Average Rent
  • Perris Average Rent
  • Lake Elsinore Average Rent

Apartment communities in Menifee we think you'll love

Jefferson Avena

Jefferson Avena

30950 Hanover Ln,
Menifee, CA 92584

$2,284 - $3,445 Total Monthly Price

1-3 Beds

Tricon Menifee

Tricon Menifee

28146 Cookhouse Ln,
Menifee, CA 92584

$3,099 - $3,879

3-4 Beds

Boulders Menifee

Boulders Menifee

29986 Berea Rd,
Menifee, CA 92584

$1,995 - $2,995

1-3 Beds

The Enclave at Menifee

The Enclave at Menifee

30300 Antelope Rd,
Menifee, CA 92584

$1,975 - $2,995

1-3 Beds

Property Management Companies in Menifee, CA

Cannon Management
Cannon Management
  • 98

    Communities

  • 15,099

    Units

  • 39

    Cities

3 Communities in Menifee
Greystar
Greystar
  • 3,502

    Communities

  • 963,654

    Units

  • 892

    Cities

1 Community in Menifee
Blackstone
Blackstone
  • 218

    Communities

  • 71,470

    Units

  • 121

    Cities

1 Community in Menifee
Sentinel Real Estate Corporation
Sentinel Real Estate Corporation
  • 96

    Communities

  • 26,011

    Units

  • 74

    Cities

1 Community in Menifee

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United States California Menifee Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity