Living here
Cost of living in Menifee
Housing is much more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.
Median rent
$2,052/mo
52% above US
Median home value
$487,200
61% above US
Median household income
$89,183
14% above US
Rent as share of income
28%
US 21%
Home price to income
5.5×
US 3.9×
Sales tax
8.75%
Rent by number of bedrooms
HUD 2027 fair market rents for Riverside-San Bernardino-Ontario, CA MSA (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.
How Menifee compares
- Menifee$2,052
- California$1,956
- United States$1,348
- Perris$1,791
- Hemet$1,432
- Temecula$2,297
- Moreno Valley$2,036
- Fallbrook$1,675
- Corona$2,136
- Jurupa Valley$1,690
- Mission Viejo$2,713
- Menifee$487,200
- California$695,400
- United States$303,400
- Perris$431,900
- Hemet$314,200
- Temecula$640,400
- Moreno Valley$461,400
- Fallbrook$713,000
- Corona$656,500
- Jurupa Valley$538,700
- Mission Viejo$946,300
Taxes
Compare with nearby cities
Life in Menifee
Questions
Is Menifee expensive to live in?
Housing in Menifee is much more expensive than the national average: median rent is $2,052 (52% above US) and the median home value is $487,200 (61% above US).
How much is rent in Menifee?
The median gross rent is $2,052 a month. HUD’s 2027 fair market rents for the area are studio $1,605, 1 bedroom $1,705, 2 bedrooms $2,103, 3 bedrooms $2,771, 4 bedrooms $3,336.
How much of their income do renters spend in Menifee?
At the median, a year’s rent ($24,624) equals about 28% of the median household income ($89,183); nationally it’s about 21%.
What are taxes like in Menifee?
Sales tax is 8.75% and property taxes run about 0.95% of home value a year.
Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; CDTFA California City & County Sales & Use Tax Rates.