Average Rent in 92262, Palm Springs, CA

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Current Versus Historical 92262, Palm Springs, CA Rents

92262 rentals average $1,300 for a studio rental to $5,995 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $31 per square feet.
For the apartment units and housing in August 2026, median rents have risen over the last year. Studio rentals prices have decreased by $472 (-26.62%) year-over-year from $1,772 to $1,300. 1-bedroom rentals prices have increased by $125 (7.96%) year-over-year from $1,570 to $1,695. 2-bedroom rentals prices have increased by $559 (21.18%) year-over-year from $2,641 to $3,200. 3-bedroom rentals prices have increased by $383 (10.60%) year-over-year from $3,617 to $4,000. 4-bedroom rentals prices have increased by $695 (13.11%) year-over-year from $5,300 to $5,995. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.20% this month. 1-bedroom rents have gone up by 3.47% this month. 2-bedroom rents have gone up by 14.29% this month. 3-bedroom rents have gone up by 5.26% this month. 4-bedroom rents have gone up by 13.18% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $62.40 $1,300 $1,772 (-26.62%) $1,441 (-9.76%)
1 BR $33.90 $1,695 $1,570 (7.96%) $1,578 (7.44%)
2 BR $29.15 $3,200 $2,641 (21.18%) $2,490 (28.51%)
3 BR $27.81 $4,000 $3,617 (10.60%) $3,067 (30.43%)
4+ BR $32.71 $5,995 $5,300 (13.11%) $3,558 (68.48%)

Historical Rents in 92262, Palm Springs, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92262

There are a total of 10 cities nearby 92262. The average rent in 92262 is currently $3,875 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Hemet, CA, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 92262, Palm Springs, CA is Indian Wells, CA. Monthly rents here are on average $8,000 per month.

Let's compare 92262, Palm Springs, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92262, Palm Springs, CA is 56.85% more expensive than other cities nearby. One bedrooms are about 12.91% more affordable. Two bedrooms in 92262, Palm Springs, CA are about 16.53% more affordable. Finally, rent for three bedrooms are about 10.59% more affordable. Want more information? Check out the top 10 cities near 92262, Palm Springs, CA in the following table.
City Studio 1 Bed 2 Bed All
Hemet, CA $1,616 $1,475 $1,700 $2,000
Desert Hot Springs, CA $1,122 $1,400 $2,123 $2,450
Palm Springs, CA $1,300 $1,865 $2,850 $3,500
Cathedral City, CA $1,800 $1,595 $4,200 $3,500
Desert Palms, CA $1,250 $2,475 $3,000 $3,750
Palm Desert, CA N/A $2,151 $3,800 $4,000
Indio, CA N/A $1,500 $3,725 $4,000
Rancho Mirage, CA N/A $3,150 $4,000 $5,750
La Quinta, CA N/A $1,963 $3,500 $6,000
Indian Wells, CA N/A $2,500 $5,250 $8,000

Top Neighborhoods Near 92262

There are a total of 2 neighborhoods in or near 92262. Some of these neighborhoods include Santa Carmelita at Vale La Quinta and PGA West. We've included all of these top 2 neighborhoods in or near 92262, Palm Springs, CA in the following table.

The average rent for these 2 neighborhoods in or near 92262, Palm Springs, CA is currently around $4,750 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 92262's average rent, which is only $3,500. Out of all the neighborhoods in or near 92262, Santa Carmelita at Vale La Quinta has the most affordable average rent at $3,500 per month. Whereas, at $6,000 average rent per month, PGA West is the most expensive neighborhood in or near 92262. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Santa Carmelita at Vale La Quinta, La Quinta, CA N/A $5,500 $2,195 $3,500
PGA West, La Quinta, CA N/A N/A $4,300 $6,000

Top Counties Near 92262



County Studio 1 Bed 2 Bed All

Top Zipcodes Near 92262

There are a total of 2 zipcodes in or near 92262, Palm Springs, CA. The average rent for all of these zipcodes is $3,750. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92234, Cathedral City, CA at $3,500 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 92201, Indio, CA.

Studios in these zipcodes have an average rent of $900. That's at least $20 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92262, Palm Springs, CA is $1,748 per month. Or in other words, $33 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,000 per month. Which comes out to $35 per sqft. The following table includes the top 2 zipcodes in 92262, Palm Springs, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92234, Cathedral City, CA $1,800 $1,595 $4,200 $3,500
92201, Indio, CA N/A $1,900 $3,800 $4,000

Frequently Asked Questions - 92262 Average Rents

What is the average rent price in 92262, Palm Springs, CA?
The average monthly rental price for 92262, Palm Springs, CA apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92262, Palm Springs, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 92262, Palm Springs, CA.
How much is a studio apartment in 92262, Palm Springs, CA?
The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $62.40. There are a total of 1 studio apartment listings currently available for rent in 92262.
How much is a one bedroom apartment in 92262, Palm Springs, CA?
The average monthly rental price for one bedroom apartments is $1,695 and an average price per square feet of $33.90. There are a total of 28 one bedroom apartment listings currently available for rent in 92262.
How much is a two bedroom apartment in 92262, Palm Springs, CA?
The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $29.15. There are a total of 40 two bedroom apartment listings currently available for rent in 92262.
How have rent prices in 92262, Palm Springs, CA changed this year?
Rent prices for rentals in 92262, Palm Springs, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.27%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.21%, three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in 92262, Palm Springs, CA?
A reasonable rent price in 92262, Palm Springs, CA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.