Menifee, CA has a population of 86,820, while the median age is 38. The household income in Menifee, CA is around $60,808. The homeownership rate among the residents is 74%. The median residential property value in Menifee, CA that you should keep in mind is $278,300.
Population | 86,820 |
Median Age | 37.9 |
Poverty Rate | 10% |
Household Income | $60,808 |
Number Of Employees | 34,753 |
Median Property Value | $278,300 |
Rent Price |
Apr | vs Last Month |
---|---|---|
1-bed apartments | $1,601 | +65.7% |
2-bed apartments | $2,359 | +19% |
3-bed apartments | $3,951 | +37% |
4+ bed apartments | $11,589 | +266.5% |
Over the April 2023, the average rent for an apartment in/near Menifee, CA increased by 130.3% to $5,977.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 65.7% to $1,601. Pricing for 2-bed apartment also increased by 19% and a place of this size will now cost you $2,359. 3-bed apartment rent pricing starts at $3,951, it increased by 37% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 266.5% and made it up to $11,589.
Rent Type Price |
Apr | vs Last Month |
---|---|---|
Apartments for rent | $1,125 | -53.9% |
Rooms for rent | $766 | -20.7% |
Houses for rent | $7,168 | +151.3% |
Condos for rent | $1,725 | -36% |
Townhouses for rent | $3,600 | N/A |
The median rent for an apartment in Menifee, CA decreased by 53.9% to $1,125. Statistics show that house rent price increased by 151.3% this month making it up to $7,168. Condos faced an upward trend these days. The median rent for a condo decreased by 36%, it’s now available for $1,725. An average room will now go for $766, the median rent price for a room decreased by 20.7%. Townhouse rent pricing didn’t change, the price still starts at $3,600.