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% | 4% | 17% | 79% |
Neighborhood Apartment Rent Trends in Palm Springs, CA
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Downtown Palm Springs | $3,100 | -4% |
| Los Compadres | $2,197 | 0% |
| Sunrise Park | $1,797 | -8% |
| Warm Sands | $1,550 | -- |
| Palm Springs Village | $1,495 | -- |
| Baristo | $1,359 | -6% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Downtown Palm Springs | $4,243 | -- |
| Los Compadres | $2,355 | -4% |
| Twin Palms | $2,299 | -- |
| The Mesa | $2,245 | -6% |
| Sunrise Park | $1,927 | -9% |
| Baristo | $1,532 | -26% |
How Other Cities Compare to Palm Springs, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Murrieta | $1,927 | 0% |
| Yucaipa | $1,850 | -- |
| Moreno Valley | $1,750 | -- |
| Hemet | $1,705 | -- |
| Colton | $1,701 | -11% |
| Riverside | $1,590 | +5% |
| Redlands | $1,475 | -15% |
| San Bernardino | $1,350 | +29% |
| Beaumont | $1,350 | -- |
| Cathedral City | $1,200 | -- |
| Lake Elsinore | $1,100 | -- |
| Twentynine Palms | $725 | -15% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Redlands | $2,296 | +12% |
| Palm Desert | $2,265 | -14% |
| Murrieta | $2,180 | -3% |
| Temecula | $2,110 | -2% |
| La Quinta | $2,095 | 0% |
| Menifee | $2,037 | -2% |
| Moreno Valley | $1,935 | -7% |
| Lake Elsinore | $1,924 | -2% |
| Riverside | $1,900 | -1% |
| Colton | $1,802 | -4% |
| Indio | $1,800 | +29% |
| Yucaipa | $1,750 | +35% |
| Highland | $1,687 | +2% |
| Beaumont | $1,678 | +2% |
| Cathedral City | $1,595 | -6% |
| Hemet | $1,577 | -1% |
| San Bernardino | $1,575 | +2% |
| Desert Hot Springs | $1,495 | -- |
| Banning | $1,350 | -- |
| Coachella | $1,290 | -- |
| Twentynine Palms | $1,100 | +5% |
| Perris | $825 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Moreno Valley | $2,736 | +11% |
| Redlands | $2,510 | +4% |
| Temecula | $2,471 | +5% |
| Murrieta | $2,452 | -4% |
| Menifee | $2,395 | +7% |
| Riverside | $2,312 | +7% |
| Lake Elsinore | $2,262 | -4% |
| La Quinta | $2,257 | +4% |
| Perris | $2,250 | -- |
| Palm Desert | $2,220 | -23% |
| Beaumont | $2,095 | +5% |
| Yucaipa | $2,000 | +8% |
| San Bernardino | $1,960 | -1% |
| Indio | $1,957 | -15% |
| Highland | $1,932 | +2% |
| Hemet | $1,895 | -3% |
| Desert Hot Springs | $1,895 | -- |
| Cathedral City | $1,799 | -10% |
| Colton | $1,625 | 0% |
| Banning | $1,500 | -- |
Palm Springs, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 |
| $1557 | $1541 | $1525 | $1525 | $1495 | $1695 | $1750 | $1595 | $1742 | $1667 | $1595 | $1595 | $1548 |
| $1872 | $1864 | $1855 | $1805 | $1855 | $1865 | $1814 | $1812 | $1835 | $1822 | $1847 | $1785 | $1760 |
| $2335 | $2395 | $2357 | $2325 | $2239 | $2245 | $2200 | $2235 | $2200 | $2197 | $2247 | $2242 | $2231 |
| $2450 | $2450 | $2450 | $2450 | $2450 | $2500 | $2450 | $2575 | $2450 | $2500 | $2500 | $2500 | $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 Baristo, where the average 1-bedroom apartment rent goes for $1,359, Palm Springs Village, where renters pay $1,495 on average for a 1-bedroom apartment, and Warm Sands, where the average 1-bedroom apartment rent goes for $1,550. If you're looking for other great deals, check out the listings in Sunrise Park ($1,797 for a 1-bedroom apartment) or Los Compadres ($2,197 for a 1-bedroom apartment), compared to the $1,859 average for a Palm Springs 1-bedroom apartment.
What are the most expensive neighborhoods in Palm Springs, CA?
The most affordable neighborhoods in Palm Springs are Downtown Palm Springs, where the average 1-bedroom apartment rent goes for $3,100, Los Compadres, where renters pay $2,197 on average for a 1-bedroom apartment, and Sunrise Park, where the average 1-bedroom apartment rent goes for $1,797. If you're looking for other great deals, check out the listings in Warm Sands ($1,550 for a 1-bedroom apartment) or Palm Springs Village ($1,495 for a 1-bedroom apartment), compared to the $1,859 average for a Palm Springs 1-bedroom apartment.
What are the most popular neighborhoods in Palm Springs, CA?
The most popular neighborhoods in Palm Springs are Los Compadres, where the average 1-bedroom apartment rent goes for $2,197, Sunrise Park, where renters pay $1,797 on average for a 1-bedroom apartment, and Warm Sands, where the average 1-bedroom apartment rent goes for $1,550. If you're looking for other popular neighborhoods, check out the listings in Baristo ($1,359 for a 1-bedroom apartment) or Downtown Palm Springs ($3,100 for a 1-bedroom apartment), compared to the $1,859 average for a Palm Springs 1-bedroom apartment.
