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Rent To Own Homes in Menifee, CA

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View this home at Hitch Rail Ln Menifee CA 92584
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$653,895 EMV
Hitch Rail Ln
Menifee, CA 92584
EST. RENT: $0
|
AUCTION: 06-04-2024
5 View this home at Tierra Shores Ln Menifee CA 92584
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$574,200 EMV
Tierra Shores Ln
Menifee, CA 92584
Single-Family
|
3 |
2
|
1,979
EST. RENT: $2,290
|
AUCTION: 06-04-2024
Single-Family
|
3 |
2
|
1,979
View this home at Crosby Dr Menifee CA 92586
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Crosby Dr
Menifee, CA 92586
Single-Family
|
2 |
2.5
|
1,460
AUCTION: 05-16-2024
Single-Family
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2 |
2.5
|
1,460
View this home at Merrick Ln Menifee CA 92584
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Merrick Ln
Menifee, CA 92584
Single-Family
AUCTION: 05-07-2024
Single-Family
View this home at Watson Rd Menifee CA 92585
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Watson Rd
Menifee, CA 92585
Single-Family
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4 |
1
|
1,884
AUCTION: 05-01-2024
Single-Family
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4 |
1
|
1,884
View this home at Livingston St Menifee CA 92584
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$704,137 EMV
Livingston St
Menifee, CA 92584
EST. RENT: $2,450
|
AUCTION: 04-23-2024
Displaying 61 - 70 of 87

Home Value Estimator For Menifee, CA

There are currently 15,669 real estate properties in Menifee, CA, with a median automated valuation model (AVM) price of $591,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Menifee, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Menifee, CA, is $591,881.00, with the most expensive house in Menifee, CA, topping out at $4,263,200.00 and the cheapest home in Menifee, CA, clocking in at $59,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Menifee, CA!


Rent Prices In Menifee, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Menifee, CA, is on a rollercoaster ride. The average rent price in Menifee, CA, is $2,263.00. Indeed, when looking to rent in Menifee, CA, you can expect to pay as little as $1,020.00 or as much as $5,460.00, with the average rent median estimated to be $2,230.00. The good news is that finding an affordable and desirable property to rent in Menifee, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Menifee, CA In 2024

Menifee is located in Riverside, California, with an estimated municipal population of 94,756 residents. All of the best foreclosed homes for sale in Menifee are located in the following zip code areas on Foreclosure.com: 92587 92586 92585 92584 92564. The estimated population per square kilometer (.62 miles) in Menifee is 787.


Cost Of Living In Menifee, CA

So, about how much do homes cost in Menifee? The most recent median value of resident-owned homes in Menifee is 327,917. An estimated 77 percent of households in Menifee own their homes, with an average family size of 3.66. The median household income in Menifee is 70,224, with33.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Menifee, the median commute time of resident workers (in minutes) is 42.9. And last, but certainly not least, are you looking for homes to rent in Menifee? If so, the average rent price paid by renters in Menifee is 1,556, according to recent statistics.


Diversity And Demographics In Menifee, California

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Menifee, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Menifee is 37.7, split between 49.1 percent male versus 50.9 female. The percentage of residents who report being married in Menifee is 50.6, with an average family size of 3.66.

The percentage of residents who report their race in Menifee is as follows:

White 63.5%
Black / African American 6%
Asian 5.7%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0.7%
Multi-racial 5.7%
Other 17.8%

Looking for family-friendly neighborhoods in and/or near Menifee? Or maybe you are searching for 55+ active adult communities in and/or near Menifee?

The percentage of residents who report their age in Menifee is as follows:

Under 10 13.9%
Aged 10-19 13.5%
20s 12.9%
30s 12.2%
40s 11.5%
50s 11.9%
60s 10.7%
70s 8.2%
80+ 5.1%

Best Schools In Menifee, California

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Menifee with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Menifee.


Pros And Cons Of Living In Menifee, California

How do you know that living in -- or moving to -- Menifee is right where you need to be? Perhaps you grew up in Menifee or already live nearby; therefore, the decision to buy a home in Menifee is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Menifee for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Menifee:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Menifee.


Reasons To Move To Menifee, California, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Menifee can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Menifee, meanwhile, can field multiple offers from more qualified buyers.

Menifee, CA Rent To Own Homes


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