House Charts

Menifee, CA Housing Market: Home Prices & Rent

Updated September 2026 data · city in the Riverside metro
Menifee, CA home values are up 0.3% over the past year, to a typical $582k - 2% below the January 2025 peak. Typical rent is $2,945 a month (+4.8% in a year).
Typical home value
$582k
+0.3% (+$1,976) in 12 months
From the peak
-2%
Peak $595k, Jan 2025
Since Dec 2019
+51%
from $386k
Typical rent
$2,945/mo
+4.8% in 12 months
vs Riverside metro
+0%
metro typical $580k
Days to go under contract
60
Riverside metro, September 2026

Menifee home values since 2000

$200k$400k$600k2000200420082012201620202024Peak $595k (Jan 2025)Now $582k

Last few years

$400k$500k$600k20192020202120222023202420252026Peak $595k (Jan 2025)Now $582k

Rent in Menifee

$1,500$2,000$2,500$3,000201520172019202120232025Now $2,945

Owning vs renting, monthly

Buying the typical Menifee home with 20% down at this week's 7.32% 30-year rate costs about $3,923/month (principal, interest plus ~1.5% a year for tax and insurance) vs $2,945/month typical rent.

Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.

Menifee vs the Riverside metro, California and the U.S.

Typical home12-month changeTypical rent
Menifee, CA$582k+0.3%$2,945/mo
Riverside metro$580k+0.6%$2,533/mo
California$762k+0.6%-
United States$366k+1.2%$1,932/mo

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Common questions

Are home prices falling in Menifee, CA?

No - the typical Menifee home value is up 0.3% over the past 12 months, at $582k (September 2026). Values are 2% below their January 2025 peak of $595k.

Is the Menifee housing market crashing?

Home values are 2% below their January 2025 peak and up 0.3% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.

How much is rent in Menifee, CA?

Typical rent in Menifee is $2,945 a month (September 2026), +4.8% over 12 months.

Is Menifee more expensive than the rest of the Riverside area?

The typical Menifee home ($582k) is 0% above the Riverside metro typical of $580k (September 2026).

More of the Riverside area

Riverside metro housing market · Corona · Ontario · Rancho Cucamonga · Victorville · Murrieta · Temecula

Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Menifee, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.