• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Cost of Living in Palm Springs
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Palm Springs, CA

What is the average rent in Palm Springs, CA?

$1,501/month

Average Rent

647 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of June 2026, the average rent in Palm Springs, CA is $1,501 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Palm Springs rent prices are 9% lower than the national average. When you rent an apartment in Palm Springs, you can expect to pay about $1,259 per month for a studio, $1,501 for a one-bedroom apartment, and around $1,835 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,386 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,259/month
453 Sq Ft
One Bedroom
$1,501/month
647 Sq Ft
Two Bedroom
$1,835/month
902 Sq Ft
Three Bedroom
$2,386/month
1,232 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,043/month
679 Sq Ft
Two Bedroom
$5,024/month
1,479 Sq Ft
Three Bedroom
$6,325/month
1,873 Sq Ft
Four Bedroom
$11,058/month
2,638 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,055/month
688 Sq Ft
Two Bedroom
$3,602/month
1,300 Sq Ft
Three Bedroom
$4,640/month
1,556 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,011/month
1,415 Sq Ft

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

In the past year, rent has decreased by 0.5%, which averages out to $8 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
Market Trends Over Time
Rent Ranges in Palm Springs, CA
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Palm Springs, CA
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
38% $1,001 - $1,500/month
24% $1,501 - $2,000/month
13% 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, Racquet Club West, Baristo and Sunrise Park are the most affordable neighborhoods in Palm Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Racquet Club West
$1,807/month
616 Sq Ft
Baristo
$1,810/month
649 Sq Ft
Sunrise Park
$1,810/month
704 Sq Ft

What are the most expensive neighborhoods in Palm Springs?

Based on current rent prices, Baristo, Sunrise Park and Racquet Club West are the most expensive neighborhoods in Palm Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Baristo
$1,810/month
649 Sq Ft
Sunrise Park
$1,810/month
704 Sq Ft
Racquet Club West
$1,807/month
616 Sq Ft

Which Palm Springs neighborhoods have the most rentals available?

The neighborhoods in Palm Springs with the most apartments available are Racquet Club West, Baristo and Sunrise Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Racquet Club West
$1,807/month
616 Sq Ft
Baristo
$1,810/month
649 Sq Ft
Sunrise Park
$1,810/month
704 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 $1,501, you’ll want to make about $5,003 per month or $60,036 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 22.7% higher than the national average. Generally, housing in Palm Springs is 46.2% more expensive than the national average, with rent falling between $1,259 - $2,386. You can expect to pay 17.4% more for groceries, 7.9% more for utilities, and 15.9% more for transportation.

City

Palm Springs, CA

531 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

Racquet Club West

Palm Springs, CA

Baristo

Palm Springs, CA

Studio
-
$1,594/month
One Bedroom
$826/month
$1,527/month
Two Bedroom
$1,173/month
$1,844/month
Three Bedroom
-
$2,575/month
Search
Search

Nearby City Rent Trends

  • Cathedral City Average Rent
  • Rancho Mirage Average Rent
  • Palm Desert Average Rent

Apartment communities in Palm Springs we think you'll love

29Hundred Apartments

29Hundred Apartments

2900 Ramon Rd,
Palm Springs, CA 92264

$1,750 - $2,150 Total Monthly Price

Studio - 3 Beds | 11 Month Lease

Canyon Villas Place

Canyon Villas Place

520 E Murray Canyon Dr,
Palm Springs, CA 92264

$1,850 - $2,695 Total Monthly Price

1-2 Beds | 12 Month Lease

The Modern Cactus

The Modern Cactus

311 S Sunrise Way,
Palm Springs, CA 92262

$1,550 - $2,350

Studio - 2 Beds

Latitude 33

Latitude 33

449 E Arenas Rd,
Palm Springs, CA 92262

$1,525 - $2,375

Studio - 2 Beds

Learn More with Helpful Articles

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
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 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity