Palm Springs, CA Rental Market Trends
The average rent for an apartment in Palm Springs is $1,397, a 7% increase compared to the previous year, when the average rent was $1,306.
Average Rent in Palm Springs, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,397||7%||816 sq. ft.|
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
- Renter-occupied Households56%
- Owner-occupied Households43%
13,501 or 56% of the households in Palm Springs, CA are renter-occupied while 10,218 or 43% are owner-occupied.
Palm Springs, CA Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Jan / 2021|
How Palm Springs Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Palm Springs rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!