Millennium Apartments
74699 Technology Dr,
Palm Desert, CA 92211
Studio - 3 Beds | $2,350 - $3,840
Rental Market Trends in Palm Desert, CA
Updated July 2026
The average rent in Palm Desert, CA is $1,863/month.
Rent in Palm Desert is roughly equal to the national average rent of of $1,663/month.
$1,863/month
Average Rent
737 Sq Ft
Average Size
+0.5%
Change / Year
865
Available Apartments
Palm Desert rent varies by unit size and layout:
- Studio apartments in Palm Desert average $1,631 per month.
- One-bedroom apartments in Palm Desert average $1,863 per month.
- Two-bedroom apartments in Palm Desert average $2,073 per month.
- Three-bedroom apartments in Palm Desert average $3,041 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Palm Desert, CA?
In the past year, rent has increased by 0.5%, which averages out to $11 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Palm Desert, CA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
12%
$700 - $1,000/month
29%
$1,001 - $1,500/month
29%
$1,501 - $2,000/month
25%
Above $2,000/month
What salary do I need to live comfortably in Palm Desert, CA?
Because the average rent in Palm Desert is $1,863, you’ll want to make about $6,210 per month or $74,520 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.
View the Palm Desert Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Palm Desert?
The average rent in Palm Desert is $1,863 per month, which is 12.0% higher than the national average of $1,663.
What is the average rent for a house in Palm Desert?
The average rent for a house in Palm Desert, CA is $6,505 per month.
What is the average rent for a townhome in Palm Desert?
The average rent for a townhome in Palm Desert, CA is $2,457 per month.
What is the average rent for a condo in Palm Desert?
The average rent for a condo in Palm Desert, CA is $2,130 per month.
Are rents going up or down in Palm Desert?
Rents in Palm Desert, CA are increasing, with prices up 0.5% year-over-year and $11 more per month.
What rent range is most common in Palm Desert?
In Palm Desert, CA, 29% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.