Menifee, CA Airbnb Market Data, Statistics, and Occupancy Rates

Menifee Short-Term Rental Market Overview

Menifee, CA is a small but growing short-term rental market in Southern California's Inland Empire, with just 18 active Airbnb listings and a 129% year-over-year increase in supply. The market's average annual revenue of $26,265 and an ADR of $216 sit well below the state average of $551, reflecting both the area's more affordable positioning and the competitive challenge of generating strong returns against home values averaging nearly $687,000. While the favorable supply/demand balance suggests room for well-positioned listings, investors will need to be selective in deal sourcing to make the numbers work.

Key Market Statistics

According to Rabbu market data, the Menifee short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Menifee

Menifee draws investor attention for its relatively affordable entry point compared to coastal California markets, though tighter competition and below-average occupancy demand careful property selection.

Expert Market Assessment

"Menifee presents a competitive but constrained opportunity for STR investors. The ROI score of 35 out of 100 reflects below-average revenue-to-price ratios and occupancy stability, meaning the current economics require careful underwriting rather than passive confidence. On the positive side, the market benefits from an above-average supply/demand balance — with only 18 active listings, well-differentiated properties have room to capture share. Pronounced seasonality is worth noting: April leads at $4,316 in average monthly revenue, while September bottoms out at $1,401, creating a swing of over $2,900 that operators need to plan around."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Menifee

Average revenue by month in Menifee

Menifee's revenue cycle is heavily spring-weighted, with April topping out at $4,316 and March close behind at $3,643, while the summer and fall months are notably softer — September bottoms out at just $1,401. This $2,900+ spread between peak and trough months means investors should plan for significant cash flow variability throughout the year.

Active Airbnb listings by property size in Menifee

The market's active inventory is concentrated entirely in 1-bedroom properties, with all 7 listings (out of 18 total with reported size data) falling in that category. This narrow supply mix could signal an opportunity for investors willing to bring larger, differentiated properties to the market.

Average daily rate (ADR) by property size in Menifee

One-bedroom listings in Menifee command an ADR of $112, which is roughly half the market-wide average of $216 — suggesting that the overall ADR is being pulled up by unlisted or differently sized properties. Investors considering 1-bedroom units should build their models around this lower nightly rate rather than the headline figure.

Average RevPAN by property size in Menifee

One-bedroom properties generate a RevPAN of $41, which accounts for occupancy drag on the $112 ADR. This relatively modest figure underscores the importance of maximizing both nightly rate and booking frequency to achieve viable returns on smaller units in Menifee.

Average occupancy rates by property size in Menifee

One-bedroom listings maintain a 37% occupancy rate, which is slightly above the market-wide average of 33% but still signals that properties sit vacant roughly two-thirds of the time. Investors focused on cash-flow stability should explore strategies like mid-term stays or dynamic pricing to fill more nights.

Average monthly revenue by property size in Menifee

One-bedroom properties average $1,199 per month in revenue, sitting well below the market-wide $2,188 monthly average. This gap suggests that larger or differently configured properties in the market are driving the majority of revenue, reinforcing the potential upside of listing bigger units.

Average annual revenue by property size in Menifee

At $14,391 per year, 1-bedroom properties earn roughly 55% of the market-wide annual average of $26,265. Investors targeting the best return potential in Menifee should weigh whether larger properties — which appear to command significantly higher revenue — justify the additional acquisition and operating costs.

Most common amenities for Airbnb listings in Menifee

Parking dominates at 94%, followed by kitchen access (83%) and washer/dryer availability (67–72%), reflecting a guest base that expects home-like conveniences and drives to the area. Outdoor amenities like backyards (61%), patios (56%), and BBQ grills (56%) are also prevalent, while differentiators like pools (28%), lake access (28%), and hot tubs (11%) remain less common and could help listings stand out.

Understanding Menifee's ROI Score: 35/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Menifee's ROI score of 35 out of 100 places it in the "Competitive Opportunity" band, signaling that while investor interest and demand exist, the path to strong returns requires more deliberate deal selection. The below-average marks on revenue-to-price ratio and occupancy stability are the primary drags — with home values near $687K and annual revenue averaging $26,265, the yield math is tight without a well-priced acquisition. Investors should pair this data with thorough local regulatory research and consider differentiation strategies, as the above-average supply/demand balance suggests the right property can still outperform in this small market.

Short-Term Rental Regulations in Menifee

Understanding local STR regulations is essential before investing in Menifee. Here's the current regulatory landscape:

Permit Requirements

The City of Menifee, California may require short-term rental operators to obtain a business license or STR permit before listing their property. Investors should verify current registration requirements directly with the city's planning or community development department, as local STR regulations in California communities can evolve quickly.

Key Restrictions

Common restrictions that may apply in Menifee include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and potential HOA rules that could prohibit or limit short-term rentals in certain neighborhoods. Some California municipalities also impose caps on the number of permits issued, so it's important to check availability before purchasing a property specifically for STR use.

Tax Obligations

Short-term rental operators in California are generally subject to Transient Occupancy Tax (TOT), and Menifee may impose its own local rate on stays of fewer than 30 days. Platforms like Airbnb often collect and remit these taxes automatically, but hosts should confirm their obligations with the city to ensure full compliance.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Menifee can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Menifee's STR market is likely to see continued supply growth as more investors discover the area, though the rapid 129% listing increase could compress margins if demand doesn't keep pace. Seasonal data suggests revenue peaks in March–April, so operators should plan pricing strategies around that spring surge while expecting softer months from June through October. ADR may hold steady or see modest 1–3% gains given the market's affordable positioning relative to coastal California, but occupancy will need to climb from its current 33% to meaningfully improve cash flow — something that will hinge on listing quality and targeted marketing."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Menifee, CA

What is the average Airbnb occupancy rate in Menifee?

The average Airbnb occupancy rate in Menifee is currently 33%, which falls below the California state average of 43%. For 1-bedroom properties specifically, occupancy runs slightly higher at 37%. Occupancy tends to be strongest during the spring months when the market sees its peak demand, and individual results can improve significantly with competitive pricing and high-quality listings.

How much do Airbnb hosts make in Menifee?

Airbnb hosts in Menifee earn an average of $2,188 per month and approximately $26,265 per year, based on the trailing 12 months of historical booking data. Revenue varies significantly by season — April is the strongest month at $4,316, while September dips to around $1,401. One-bedroom properties, which make up the bulk of active listings, average about $1,199 per month or $14,391 annually.

Is Menifee a good market for Airbnb investment?

Menifee carries an ROI score of 35 out of 100, placing it in the "Competitive Opportunity" category. The market benefits from an above-average supply/demand balance with only 18 active listings, but below-average revenue-to-price ratios and occupancy stability mean investors need to be more selective in sourcing deals. Properties that are well-positioned with strong amenities and smart seasonal pricing strategies have the best chance of outperforming in this market.

What is the average daily rate (ADR) for Airbnb in Menifee?

The average daily rate for Airbnb listings in Menifee is $216, which is significantly below the California state average of $551. For 1-bedroom properties specifically, the ADR is $112. This lower price point reflects Menifee's position as an affordable Inland Empire market compared to coastal destinations, which can be attractive to budget-conscious travelers looking for Southern California stays.

Are short-term rentals legal in Menifee?

Short-term rentals may be permitted in Menifee, CA, but operators should verify current regulations with the city's planning or community development department. Like many California cities, Menifee may require a business license or STR permit, and local rules regarding occupancy limits, noise, parking, and HOA restrictions can apply. It's essential to confirm all requirements before purchasing or listing a property for short-term rental use.

When is peak season for Airbnb in Menifee?

Peak season for Airbnb in Menifee runs during the spring months, with April being the strongest at $4,316 in average monthly revenue, followed by March at $3,643 and February at $2,581. The slowest period falls from June through October, with September recording the lowest average revenue at $1,401. This spring-heavy seasonality pattern is important for investors to factor into their pricing and cash flow planning.

How many Airbnbs are there in Menifee?

There are currently 18 active Airbnb listings in Menifee as of April 2026. This represents a 129% year-over-year increase in supply, indicating growing investor interest in the market. The relatively small number of listings means there's limited competition, though the rapid growth rate suggests this advantage may narrow over time.

How is Airbnb revenue calculated in Menifee?

The annual and monthly revenue figures for Menifee are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Menifee, CA market
• Occupancy rates and average daily rate (ADR) trends with state-level comparisons
• Revenue metrics including monthly, annual, and RevPAN calculations based on trailing 12-month data
• Property size breakdowns for listings, rates, occupancy, and revenue
• Data sourced from Rabbu proprietary analytics and Zillow Home Value Index (ZHVI) for consistency

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not account for recent regulatory changes or market shifts. Individual property results will vary based on location, quality, pricing strategy, and operational management.