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Rental Market Trends in Palm Springs, CA

What is the average rent in Palm Springs, CA?

$1,504/month

Average Rent

646 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of June 2025, the average rent in Palm Springs, CA is $1,504 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Palm Springs rent prices are 8% lower than the national average. When you rent an apartment in Palm Springs, you can expect to pay about $1,248 per month for a studio, $1,504 for a one-bedroom apartment, and around $1,859 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,337 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,248/month
449 Sq Ft
One Bedroom
$1,504/month
646 Sq Ft
Two Bedroom
$1,859/month
900 Sq Ft
Three Bedroom
$2,337/month
1,225 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,990/month
630 Sq Ft
Two Bedroom
$4,545/month
1,429 Sq Ft
Three Bedroom
$6,259/month
1,937 Sq Ft
Four Bedroom
$10,054/month
2,664 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,031/month
660 Sq Ft
Two Bedroom
$3,301/month
1,177 Sq Ft
Three Bedroom
$4,189/month
1,530 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,130/month
1,239 Sq Ft

How much has average rent changed in Palm Springs, CA?

In the past year, rent has decreased by 1%, which averages out to $15 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Palm Springs, CA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Palm Springs, CA
Percentage*
Rent Range
0% Below $700/month
29% $700 - $1,000/month
38% $1,001 - $1,500/month
25% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Palm Springs?

Based on current rent prices, Palm Springs Gateway Estates, Palm Springs Villas I and Desert Highland-Gateway Estates are the most affordable neighborhoods in Palm Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Palm Springs Gateway Estates
$1,648/month
588 Sq Ft
Palm Springs Villas I
$1,667/month
588 Sq Ft
Desert Highland-Gateway Estates
$1,684/month
589 Sq Ft
Spauldings Palm Springs Estates
$1,695/month
603 Sq Ft
Racquet Club West
$1,698/month
602 Sq Ft
Downtown Palm Springs
$1,772/month
692 Sq Ft
Sunmore Estates Historic District
$1,773/month
721 Sq Ft
Enchanted Homes
$1,773/month
721 Sq Ft
Baristo
$1,832/month
654 Sq Ft
Deep Well Ranch Historic District
$2,061/month
766 Sq Ft

What are the most expensive neighborhoods in Palm Springs?

Based on current rent prices, Deep Well Ranch Historic District, Baristo and Sunmore Estates Historic District are the most expensive neighborhoods in Palm Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Deep Well Ranch Historic District
$2,061/month
766 Sq Ft
Baristo
$1,832/month
654 Sq Ft
Sunmore Estates Historic District
$1,773/month
721 Sq Ft
Enchanted Homes
$1,773/month
721 Sq Ft
Downtown Palm Springs
$1,772/month
692 Sq Ft
Racquet Club West
$1,698/month
602 Sq Ft
Spauldings Palm Springs Estates
$1,695/month
603 Sq Ft
Desert Highland-Gateway Estates
$1,684/month
589 Sq Ft
Palm Springs Villas I
$1,667/month
588 Sq Ft
Palm Springs Gateway Estates
$1,648/month
588 Sq Ft

Which Palm Springs neighborhoods have the most rentals available?

The neighborhoods in Palm Springs with the most apartments available are Palm Springs Villas I, Racquet Club West and Palm Springs Gateway Estates .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Palm Springs Villas I
$1,667/month
588 Sq Ft
Racquet Club West
$1,698/month
602 Sq Ft
Palm Springs Gateway Estates
$1,648/month
588 Sq Ft
Spauldings Palm Springs Estates
$1,695/month
603 Sq Ft
Desert Highland-Gateway Estates
$1,684/month
589 Sq Ft
Baristo
$1,832/month
654 Sq Ft
Downtown Palm Springs
$1,772/month
692 Sq Ft
Deep Well Ranch Historic District
$2,061/month
766 Sq Ft
Sunmore Estates Historic District
$1,773/month
721 Sq Ft
Enchanted Homes
$1,773/month
721 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Palm Springs, CA?

Because the average rent in Palm Springs is $1,504, you’ll want to make about $5,013 per month or $60,156 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.

Cost of Living

The cost of living in Palm Springs, CA is 20.5% higher than the national average. Generally, housing in Palm Springs is 42.9% more expensive than the national average, with rent falling between $1,248 - $2,337. You can expect to pay 16.6% more for groceries, 7.2% more for utilities, and 11.7% more for transportation.

City

Palm Springs, CA

617 Available Apartments for Rent

Search for Nearby Apartments

How does Palm Springs, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Palm Springs, 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.

Explore the Area Guide for Palm Springs, CA

Apartment Averages

Palm Springs Gateway Estates

Palm Springs, CA

Deep Well Ranch Historic District

Palm Springs, CA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Cathedral City Average Rent
  • Rancho Mirage Average Rent
  • Desert Hot Springs Average Rent

Apartment communities in Palm Springs we think you'll love

29Hundred Apartments

29Hundred Apartments

2900 Ramon Rd,
Palm Springs, CA 92264

Studio - 3 Beds | $1,362 - $2,195

The Modern Cactus

The Modern Cactus

311 S Sunrise Way,
Palm Springs, CA 92262

Studio - 2 Beds | $1,500 - $3,501

Latitude 33

Latitude 33

449 E Arenas Rd,
Palm Springs, CA 92262

Studio - 2 Beds | $1,670 - $2,695

Villa Boutique Apartment Homes

Villa Boutique Apartment Homes

1700 S Araby Dr,
Palm Springs, CA 92264

1-2 Beds | $2,167 - $2,607

Property Management Companies in Palm Springs, CA

Cannon Management
Cannon Management
  • 85

    Communities

  • 13,901

    Units

  • 33

    Cities

4 Communities in Palm Springs
Investment Concepts, Inc.
Investment Concepts, Inc.
  • 48

    Communities

  • 6,443

    Units

  • 20

    Cities

3 Communities in Palm Springs
The REMM Group
The REMM Group
  • 30

    Communities

  • 3,625

    Units

  • 23

    Cities

2 Communities in Palm Springs
Aperto Property Management
Aperto Property Management
  • 33

    Communities

  • 4,680

    Units

  • 23

    Cities

1 Community in Palm Springs

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United States California Palm Springs Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity