Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Palm Springs, CA Rental Market Trends
What is the average rent in Palm Springs?
The average rent for an apartment in Palm Springs is $1,631. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Palm Springs, CA
Last updated October 2021
| Average Rent | Average Apartment Size |
|---|---|
| $1,631 | 816 sq. ft. |
What is the average apartment size in Palm Springs?
The average size for a Palm Springs, CA apartment is 816 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Palm Springs, CA Apartment Rent Ranges
Palm Springs, CA Occupied Housing Units
13,962 or 57% of the households in Palm Springs, CA are renter-occupied while 10,174 or 42% are owner-occupied.
Palm Springs, CA Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Oct / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Palm Springs, CA | $1,221 | $1,218 | $1,264 | $1,304 | $1,336 | $1,373 | $1,378 | $1,394 | $1,395 | $1,510 | $1,631 |
| National | $1,331 | $1,340 | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How Palm Springs Compares to Other Cities
| City | Average Rent |
|---|---|
| Los Angeles | $2,563 |
| San Francisco | $3,244 |
| East Bay | $2,440 |
| San Diego | $2,610 |
| Long Beach | $2,444 |
| Riverside | $1,988 |
| San Bernardino | $1,611 |
| Vista | $2,137 |
| Escondido | $1,965 |
| San Marcos | $2,330 |
| Palm Springs | $1,631 |
Most Popular Apartments in Palm Springs
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Palm Springs apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.