Menifee / French Valley, CA
April 2026
92584,92586,92596
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,045 – $2,260 | 7.78% | 10.16% |
| 2-Bedroom | $2,424 – $2,707 | 6.02% | 8.88% |
| 3-Bedroom | $3,035 – $3,369 | -3.52% | 3.69% |
| 4-Bedroom | $3,794 – $4,127 | 1.08% | 4.59% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,922 – $2,049 | -3.00% | 3.35% |
| 2-Bedroom | $2,359 – $2,480 | -0.51% | 2.35% |
| 3-Bedroom | $3,060 – $3,295 | 0.26% | 3.40% |
| 4-Bedroom | $3,979 – $4,355 | 1.03% | 8.72% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,763 – $1,853 | -8.46% | -2.11% |
| 2-Bedroom | $2,183 – $2,398 | -1.32% | 4.11% |
| 3-Bedroom | $2,900 – $3,218 | 0.82% | 3.29% |
| 4-Bedroom | $3,221 – $3,574 | 0.14% | 3.43% |
In the Menifee / French Valley (92584, 92586, 92596) rental market, 1-bedroom apartments achieved a 10.2% year-over-year increase, reaching a median rent of $2,152. This segment also showed a 7.8% month-over-month gain, with rents higher than comparable condo/townhome and single-family homes by $167 and $344, respectively.
During April, 4-bedroom condos in Menifee / French Valley (92584, 92586, 92596) reached a median rent of $4,167, marking an 8.7% year-over-year increase. This pricing exceeds 4-bedroom apartments by $207 and single-family homes by $769, underscoring the premium attached to larger multi-family units.
Demand weakened for 1-bedroom single-family homes, as Menifee / French Valley (92584, 92586, 92596) rental trends show a -8.5% month-over-month decrease to $1,808. The segment also registered a -2.1% year-over-year decline, trailing apartments and condos that both demonstrated positive annual growth.