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Rental Market Trends in Palm Springs, FL

What is the average rent in Palm Springs, FL?

$1,700/month

Average Rent

673 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of June 2025, the average rent in Palm Springs, FL is $1,700 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Palm Springs rent prices are 4% higher than the national average. When you rent an apartment in Palm Springs, you can expect to pay about $1,817 per month for a studio, $1,700 for a one-bedroom apartment, and around $2,089 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,356 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,817/month
480 Sq Ft
One Bedroom
$1,700/month
673 Sq Ft
Two Bedroom
$2,089/month
963 Sq Ft
Three Bedroom
$2,356/month
1,262 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,119/month
1,869 Sq Ft
Three Bedroom
$3,424/month
1,470 Sq Ft
Four Bedroom
$4,231/month
2,033 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,543/month
741 Sq Ft
Two Bedroom
$2,127/month
1,023 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,284/month
1,345 Sq Ft
Three Bedroom
$2,802/month
1,540 Sq Ft

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

In the past year, rent has increased by 1.7%, which averages out to $29 more 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, FL
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Palm Springs, FL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
22% $1,001 - $1,500/month
44% $1,501 - $2,000/month
33% 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, Lakeside Village Condominiums, Palm Springs Village and Woodlands of Palm Springs are the most affordable neighborhoods in Palm Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeside Village Condominiums
$1,560/month
768 Sq Ft
Palm Springs Village
$1,571/month
674 Sq Ft
Woodlands of Palm Springs
$1,592/month
700 Sq Ft
Frost Park
$1,932/month
747 Sq Ft

What are the most expensive neighborhoods in Palm Springs?

Based on current rent prices, Frost Park, Woodlands of Palm Springs and Palm Springs Village are the most expensive neighborhoods in Palm Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Frost Park
$1,932/month
747 Sq Ft
Woodlands of Palm Springs
$1,592/month
700 Sq Ft
Palm Springs Village
$1,571/month
674 Sq Ft
Lakeside Village Condominiums
$1,560/month
768 Sq Ft

Which Palm Springs neighborhoods have the most rentals available?

The neighborhoods in Palm Springs with the most apartments available are Woodlands of Palm Springs, Palm Springs Village and Frost Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Woodlands of Palm Springs
$1,592/month
700 Sq Ft
Palm Springs Village
$1,571/month
674 Sq Ft
Frost Park
$1,932/month
747 Sq Ft
Lakeside Village Condominiums
$1,560/month
768 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Palm Springs is $1,700, you’ll want to make about $5,666 per month or $67,992 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.

City

Palm Springs, FL

518 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Palm Springs, FL 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, FL

Apartment Averages

Lakeside Village Condominiums

Palm Springs, FL

Frost Park

Palm Springs, FL

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Search
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Nearby City Rent Trends

  • Greenacres Average Rent
  • Lake Worth Average Rent
  • Lantana Average Rent

Apartment communities in Palm Springs we think you'll love

Avery Lake Worth

Avery Lake Worth

3300 Boutwell Rd,
Lake Worth Beach, FL 33461

1-2 Beds | $2,040 - $2,658

Edera Palm Springs

Edera Palm Springs

2085 S Congress Ave,
Palm Springs, FL 33406

1-3 Beds | $2,150 - $3,175

Palm Springs Apartments

Palm Springs Apartments

801 Rich Dr,
Palm Springs, FL 33406

1-3 Beds | $1,729 - $2,399

Coronado Springs

Coronado Springs

555 Kirk Rd,
Palm Springs, FL 33461

1-2 Beds | $1,323 - $2,021

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United States Florida 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