- California
- Palm Springs
- Renter Market Trends
Rental market trends in Palm Springs, CA
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Average Apartment Cost in Palm Springs, CA
Apartment Rent Ranges in Palm Springs, CA
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 6% | 17% | 77% |
Neighborhood Apartment Rent Trends in Palm Springs, CA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Baristo | $1,595 | -8% |
| Uptown Palm Springs | $1,495 | -- |
| Taquitz Canyon River Estates | $1,399 | -- |
| Demuth Park | $1,399 | -- |
| Miraleste Palms | $1,385 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Taquitz Canyon River Estates | $2,100 | -- |
| Palm Highlands | $2,100 | -- |
| Merito Vista | $1,895 | -- |
| Warm Sands | $1,795 | -- |
| Baristo | $1,770 | +31% |
| Vista Las Palmas | $1,695 | -- |
| Racquet Club West | $1,600 | -- |
| Uptown Palm Springs | $1,549 | -- |
| Demuth Park | $1,499 | -- |
| Ranch Club Estates | $1,450 | -- |
| Desert Highland - Gateway Estates | $1,068 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Taquitz Canyon River Estates | $2,400 | -- |
| Palm Highlands | $2,400 | -- |
| Twin Palms | $2,399 | -4% |
| El Camino Estates | $2,399 | -- |
| Baristo | $2,295 | +48% |
| The Mesa | $2,295 | +2% |
| Miraleste Palms | $1,995 | -- |
| Upper West Side | $1,825 | -- |
| Warm Sands | $1,750 | -- |
| Vista Santa Rosa Historic District | $1,750 | -- |
| Demuth Park | $1,450 | -- |
| Desert Highland - Gateway Estates | $1,349 | -- |
How Other Cities Compare to Palm Springs, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Murrieta | $2,077 | +8% |
| Temecula | $2,069 | -31% |
| Lake Elsinore | $1,800 | +64% |
| Moreno Valley | $1,750 | -- |
| Yucaipa | $1,750 | -- |
| Riverside | $1,655 | -1% |
| Colton | $1,559 | -4% |
| Redlands | $1,475 | 0% |
| San Bernardino | $1,395 | +3% |
| La Quinta | $1,375 | -- |
| Menifee | $1,300 | -- |
| Loma Linda | $1,295 | -- |
| Hemet | $1,200 | -28% |
| Twentynine Palms | $1,000 | -- |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Wildomar | $2,699 | +69% |
| Temecula | $2,250 | +5% |
| Murrieta | $2,240 | +2% |
| La Quinta | $2,049 | -2% |
| Redlands | $2,043 | -9% |
| Menifee | $2,017 | +1% |
| Moreno Valley | $1,945 | +3% |
| Lake Elsinore | $1,908 | -1% |
| Riverside | $1,900 | -2% |
| Indio | $1,800 | -2% |
| Colton | $1,702 | -5% |
| Yucaipa | $1,700 | -- |
| Palm Desert | $1,687 | -26% |
| Cathedral City | $1,595 | +14% |
| San Bernardino | $1,575 | 0% |
| Hemet | $1,570 | 0% |
| Coachella | $1,490 | -- |
| Beaumont | $1,400 | -- |
| Desert Hot Springs | $1,250 | -16% |
| Loma Linda | $1,200 | -23% |
| San Jacinto | $1,150 | -- |
| Twentynine Palms | $1,150 | +5% |
| Perris | $825 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Perris | $3,000 | -- |
| Wildomar | $2,789 | -- |
| Murrieta | $2,677 | +15% |
| Loma Linda | $2,495 | +27% |
| Yucaipa | $2,450 | -7% |
| Temecula | $2,385 | -4% |
| Moreno Valley | $2,337 | -3% |
| Menifee | $2,307 | +1% |
| Beaumont | $2,295 | +10% |
| Riverside | $2,275 | 0% |
| Redlands | $2,266 | -5% |
| La Quinta | $2,239 | -1% |
| Lake Elsinore | $2,137 | -6% |
| Palm Desert | $2,077 | -6% |
| San Bernardino | $1,947 | +4% |
| Cathedral City | $1,945 | +14% |
| Indio | $1,907 | -3% |
| Hemet | $1,852 | 0% |
| Colton | $1,800 | +11% |
| San Jacinto | $1,650 | +10% |
| Desert Hot Springs | $1,500 | -21% |
| Twentynine Palms | $1,497 | +20% |
Palm Springs, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 |
| $1595 | $1566 | $1645 | $1695 | $1645 | $1645 | $1645 | $1598 | $1597 | $1595 | $1595 | $1567 | $1517 |
| $1775 | $1775 | $1797 | $1860 | $1925 | $1860 | $1912 | $1909 | $1887 | $1910 | $1907 | $1851 | $1945 |
| $2222 | $2295 | $2295 | $2322 | $2295 | $2335 | $2335 | $2245 | $2225 | $2247 | $2247 | $2227 | $2260 |
| $2415 | $2415 | $2532 | $2725 | $2725 | $2725 | $2650 | $2575 | $2522 | $2469 | $2415 | $2415 | $2415 |
Neighborhood Information for Palm Springs, CA
What are the most affordable neighborhoods in Palm Springs, CA?
The most affordable neighborhoods in Palm Springs are Desert Highland - Gateway Estates, where the average 1-bedroom apartment rent goes for $1,068, Ranch Club Estates, where renters pay $1,450 on average for a 1-bedroom apartment, and Demuth Park, where the average 1-bedroom apartment rent goes for $1,499. If you're looking for other great deals, check out the listings in Uptown Palm Springs ($1,549 for a 1-bedroom apartment) or Racquet Club West ($1,600 for a 1-bedroom apartment), compared to the $1,829 average for an Palm Springs 1-bedroom apartment.
What are the most expensive neighborhoods in Palm Springs, CA?
The most expensive neighborhoods in Palm Springs are Old Las Palmas, where the average rent for a 1-bedroom apartment is just $3,195. offering similar apartments at an average of Downtown Palm Springs, $3,100, and Taquitz Canyon River Estates, $2,100. For additional value-for-money options, consider Palm Highlands ($2,100 for a 1-bedroom apartment) or Merito Vista ($1,895 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Palm Springs average for a 1-bedroom apartment, which stands at $1,829.
What are the most popular neighborhoods in Palm Springs, CA?
The most popular neighborhoods in Palm Springs are Demuth Park, where the average 1-bedroom apartment rent goes for $1,499, Warm Sands, where renters pay $1,795 on average for a 1-bedroom apartment, and Taquitz Canyon River Estates, where the average 1-bedroom apartment rent goes for $2,100. If you're looking for other popular neighborhoods, check out the listings in Baristo ($1,770 for a 1-bedroom apartment) or Palm Highlands ($2,100 for a 1-bedroom apartment), compared to the $1,829 average for an Palm Springs 1-bedroom apartment.
