Palm Springs, CA Rental Market Trends
Last updated: May 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Palm Springs is $2,104, a 2.72% decrease compared to the previous year, when the average rent was $2,162.
Studio Apartments at $1,499 offer the most budget-friendly option with 501 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 741 square feet for $1,929, balancing privacy and affordability.
Two-beedroom units at $2,354 offer 1,010 square feet, perfect for roommates or small families.
Average rent in Palm Springs, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,104 | 854 sq. ft. |
| Studio | $1,499 | 501 sq. ft. |
| 1 Bed | $1,929 | 741 sq. ft. |
| 2 Beds | $2,354 | 1,010 sq. ft. |
| 3 Beds | n/a | n/a |
Palm Springs, CA rent trends
Rental prices in Palm Springs, CA have decreased by 2.72% over the past year. The average rent moved from $2,162 to $2,104.
What's the typical rent budget in Palm Springs, CA?
The largest share of rentals in Palm Springs, CA (54%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Palm Springs, CA?
8,383 or 34% of the households in Palm Springs, CA are renter-occupied while 16,184 or 66% are owner-occupied.
How Palm Springs Compares to Other Cities
| City | Average Rent |
|---|---|
| Palm Springs | $2,104 |
| Los Angeles | $2,749 |
| East Bay | $2,704 |
| San Diego | $2,968 |
| San Francisco | $3,826 |
| Oakland | $2,621 |
| Sacramento | $1,899 |
| San Jose | $3,193 |
| Alameda | $3,052 |
| Fresno | $1,633 |
| Riverside | $2,233 |
| La Quinta, CA | $2,483 |
| Palm Desert, CA | $2,200 |
| Hemet, CA | $1,695 |
| Indio, CA | $1,750 |
| Redlands, CA | $2,278 |
| Moreno Valley, CA | $2,151 |
| Temecula, CA | $2,349 |
| Menifee, CA | $2,501 |
| Wildomar, CA | $2,805 |
| San Jacinto, CA | $2,056 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Palm Springs apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.