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Menifee city, CA

ZIP 92584 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 92584

Median Home Value
$562,100
Median Rent
$2,009
Affordability Snapshot
$155,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,611/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 92584 in Menifee city, CA, a household would need roughly $155,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,611. That is about 37% above the local median household income ($113,470), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.4%+29% vs US avg
x
Vacancy Rate
6.1%-41% vs US avg
x
Broadband Access
96.2%+11% vs US avg
x
4+ Bedrooms
13.4%-9% vs US avg
x
Built Pre-1939
0.0%-100% vs US avg
x
Built Post-2014
7.7%+11% vs US avg
x
Rent Burden >30%
20.1%-60% vs US avg
x
Mortgage-Free
20.6%-46% vs US avg
x
$562,100
Home Value
$2,009
Rent
2005
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached89.2%
  • 1-unit attached1.6%
  • 2-9 units1.1%
  • 10+ units3.2%
  • Mobile home & other4.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$562,100
Median rent$2,009
Owner-occupied84.4%
Vacant6.1%
Price-to-income5.0x
Est. income to buy$155,000