Home prices
The median home in Menifee costs $334,600. In comparison to the surrounding areas it is about $46,080 (15%) higher.Compared to the rest of the nation it is roughly $117,100 (53%) higher, and is roughly $302,300 (47%) lower compared to the city of Los Angeles.
Rents
The median monthly rent in Menifee is $1,556. Compared to other places in this area it is roughly $162 (11%) higher.Compared to the country as a whole it is approximately $494 (46%) higher, and it is about $106 (7%) higher compared to the city of Los Angeles.
Nearby places
Canyon Lake
Canyon Lake is Menifee's neighbor to the west. Its real estate prices are a bit more expensive. The median home in Canyon Lake is valued at $442,900, which works out to $108,300 (24%) higher than Menifee. Its rents are a little more expensive. Canyon Lake's median monthly rent is $2,060, which works out to $504 (24%) higher than Menifee.
Homeland
Homeland is Menifee's neighbor to the northeast. Housing prices there are substantially less expensive. Homeland's median home cost is $156,300, which comes out to $178,300 (114%) lower than Menifee. Rents there are significantly less expensive. In Homeland the median rent is $1,088 per month, which works out to $468 (43%) lower than Menifee.
Romoland
Romoland is Menifee's neighbor to the north. Its real estate prices are a little less expensive. The median home value in Romoland is $313,600, which is $21,000 (6%) lower than Menifee. Rents there are somewhat less expensive. The median monthly rent in Romoland is $1,375, which comes out to $181 (13%) lower than Menifee.
Meadowbrook
Meadowbrook is Menifee's neighbor to the northwest. The real estate prices there are significantly less expensive. Meadowbrook's median home price is $214,300, which works out to $120,300 (56%) lower than Menifee. The rent there is substantially less expensive. Meadowbrook's median rent is $1,173 per month, which is $383 (32%) lower than Menifee.
Winchester
Winchester is approximately 5 miles east of Menifee. Its housing prices are a bit less expensive. The median home in Winchester costs $315,500, which comes out to $19,100 (6%) lower than Menifee. The rent there is somewhat less expensive. In Winchester the median rent is $1,272 a month, which comes out to $284 (22%) lower than Menifee.