Millennium Apartments
74699 Technology Dr,
Palm Desert, CA 92211
$2,145 - $4,305
Studio - 3 Beds
Rental Market Trends in Palm Desert, CA
What is the average rent in Palm Desert, CA?
$1,856/month
Average Rent
737 Sq Ft
Average Apartment Size
-0.6%
Decrease in the Last Year
Palm Desert, CA Rental Market Overview
The average rent in Palm Desert, CA is $1,856 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Palm Desert rent prices are 13% higher than the national average.
- Studio apartments in Palm Desert average $1,634 per month.
- One-bedroom apartments in Palm Desert average $1,856 per month.
- Two-bedroom apartments in Palm Desert average $2,022 per month.
- Three-bedroom apartments in Palm Desert average $3,149 or more per month.
Data Updated: June, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Palm Desert, CA?
In the past year, rent has decreased by 0.6%, which averages out to $10 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Palm Desert, CA
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
12%
$700 - $1,000/month
27%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
25%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Palm Desert?
Based on current rent prices, South Palm Desert is the most affordable neighborhood in Palm Desert.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Palm Desert?
Based on current rent prices, South Palm Desert is the most expensive neighborhood in Palm Desert.
Neighborhood
Average Rent
Average Sq Ft
Which Palm Desert neighborhoods have the most rentals available?
The neighborhood in Palm Desert with the most apartments available is South Palm Desert .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Palm Desert, CA?
Because the average rent in Palm Desert is $1,856, you’ll want to make about $6,186 per month or $74,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Palm Desert, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Palm Desert, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,113/month
$1,113/month
One Bedroom
$1,460/month
$1,460/month
Two Bedroom
$1,663/month
$1,663/month
Three Bedroom
$2,968/month
$2,968/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.