Menifee / French Valley, CA
August 2026
92584,92586,92596
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,894 – $2,019 | -8.97% | -5.03% |
| 2-Bedroom | $2,467 – $2,620 | -0.52% | 1.16% |
| 3-Bedroom | $3,191 – $3,389 | -0.44% | 0.58% |
| 4-Bedroom | $3,994 – $4,284 | 2.12% | 0.73% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,050 – $2,186 | 0.03% | 4.43% |
| 2-Bedroom | $2,435 – $2,622 | 3.85% | 5.35% |
| 3-Bedroom | $3,110 – $3,303 | 2.56% | 2.63% |
| 4-Bedroom | $4,128 – $4,490 | -0.12% | 5.40% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,981 – $2,082 | 10.18% | 1.95% |
| 2-Bedroom | $2,262 – $2,485 | 1.06% | 4.97% |
| 3-Bedroom | $2,987 – $3,269 | -1.54% | 1.86% |
| 4-Bedroom | $3,283 – $3,665 | -1.13% | 3.99% |
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.