Menifee, California Short-Term Rental Market
The Inland Empire area STR market near Menifee averaged $227/night at 62.9% occupancy in June 2026.
Quick Answer: Menifee, California is an active short-term rental market. average occupancy in the Riverside market area is 63%. average monthly revenue in the Riverside market area is $3,834. average daily rate in the Riverside market area is $227.
Market data reflects the Riverside regional market, which includes Menifee. Regulations, taxes, and permit details below are specific to Menifee.
Market Overview
Menifee is a fast-growing residential and retirement suburb in southwestern Riverside County, not a primary tourism destination. StaySTRA’s short-term rental data for this market is tracked at a shared regional level with 8 other Inland Empire towns (Aguanga, Banning, Beaumont, Colton, Perris, San Jacinto, Sun City, and Wildomar) rather than uniquely for Menifee, so the figures below describe the Inland Empire area STR market, not a Menifee-only number. Menifee is the largest town in this shared series by population (roughly 117,989), a wide spread from Aguanga’s roughly 989 residents, so treat these figures as directional context for Menifee rather than a precise read on its own performance.
In June 2026, the Inland Empire area STR market averaged 62.9% occupancy (up 3.1% year over year) and a $227.21 ADR (up 1.2% year over year), producing average monthly revenue of $3,834 per listing, up 2.5% year over year, and a RevPAR of $142.96.
Menifee’s own visitors are overwhelmingly regional day-trippers and relatives or friends of residents rather than destination tourists: shoppers at Menifee Town Center, golfers at Menifee Lakes Country Club, swimmers at the seasonal DropZone Waterpark (open May-September), and outdoor recreators drawn to nearby Diamond Valley Lake in adjacent Hemet. Overnight lodging demand is thin and skews business or relocation-oriented rather than leisure-resort.
Bedroom mix, channel split, listing-type counts, and property-manager data are not published for Menifee or the shared Inland Empire series, so this profile omits those breakdowns rather than guessing.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 51% |
| Feb | 57% |
| Mar | 58% |
| Apr | 56% |
| May | 56% |
| Jun | 62% |
| Jul | 63% |
| Aug | 57% |
| Sep | 55% |
| Oct | 57% |
| Nov | 54% |
| Dec | 57% |
Month-by-month nightly rates and revenue figures for Menifee are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Menifee — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Short-term rentals (stays under 30 days) are permitted in Menifee as a defined land use, but operators must comply with city zoning, hold a business license, and register for and remit Transient Occupancy Tax, reported at 10% of gross rent.
An important caveat: most online STR guides conflate the incorporated City of Menifee with Riverside County’s unincorporated-area STR program. Riverside County’s Short-Term Rental Certificate (with roughly $740 initial and $540 annual renewal fees, 24/7 local-contact and posting requirements) legally applies to unincorporated county areas, not to cities like Menifee, which incorporated in 2008 and governs land use under its own Development Code. Whether Menifee operates a standalone city STR permit or certificate program could not be confirmed from primary sources; the Community Development Department is the authoritative contact.
What is documented in the city code: STRs are defined at Development Code Section 9.300.190, and dwellings created via urban lot split (SB9 provisions) are prohibited from STR use, subject to a 30-day minimum lease and enforced by a recorded deed restriction.
Investors should assume a business license and TOT are mandatory, verify any zoning district limits, density or separation caps, and occupancy limits directly with the city, and not rely on county certificate figures widely quoted online for Menifee addresses. Confidence in permit-cost, night-cap, and owner-occupancy specifics is low pending primary confirmation from the city.
Market Comparison
The Inland Empire area STR market’s 62.9% occupancy in the latest month runs above the roughly 55% occupancy typically cited as a national STR median, and its $227.21 ADR is close to the roughly $220 national median ADR figure often cited for the US market. That combination is a solid overall signal for this shared series, though it reflects nine towns of very different scale, from Aguanga’s roughly 989 residents to Menifee’s roughly 117,989, a 119-to-1 population spread.
Property manager and top-operator data for this market is tracked at a shared regional level rather than uniquely for Menifee, so this profile omits specific operator names and listing counts rather than presenting cluster totals as Menifee’s own.
Menifee’s own overnight lodging demand is described as thin and business or relocation-oriented rather than leisure-resort, so its individual contribution to this shared series’ performance may differ meaningfully from towns with more destination-driven tourism, like Beaumont or Perris.
Frequently Asked Questions About Menifee, California
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Does Menifee require a short-term rental permit?
Can an SB9 urban-lot-split unit be used as a short-term rental in Menifee?
What is the occupancy tax rate for STRs in Menifee?
When is the strongest season for STRs in this Inland Empire market?
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