Average Rent in 92262, Palm Springs, CA

Current Versus Historical 92262, Palm Springs, CA Rents

92262 rentals average $1,855 for a 1-bedroom rental to $14,250 for a 4-bedroom rental. The median price of all currently available listings is $4,995, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $740 (-31.69%) year-over-year from $2,335 to $1,595. 1-bedroom rentals prices have increased by $153 (9.01%) year-over-year from $1,697 to $1,850. 2-bedroom rentals prices have increased by $902 (35.04%) year-over-year from $2,573 to $3,475. 3-bedroom rentals prices have increased by $1,987 (59.07%) year-over-year from $3,363 to $5,350. 4-bedroom rentals prices have decreased by $13,299 (-63.94%) year-over-year from $20,799 to $7,500. 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 up by 3.24% this month. 1-bedroom rents have gone up by 6.22% this month. 2-bedroom rents have gone up by 29.10% this month. 3-bedroom rents have gone up by 29.99% this month. 4-bedroom rents have gone up by 17.80% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.15	$1,850	$1,697 (9.01%)	$1,271 (45.52%)
2 BR	$2.83	$3,475	$2,573 (35.04%)	$1,848 (88.09%)
3 BR	$3.33	$5,350	$3,363 (59.07%)	$2,879 (85.82%)
4+ BR	$5.93	$7,500	$20,799 (-63.94%)	$5,733 (30.83%)

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 6 cities nearby 92262. The average rent in 92262 is currently $4,750 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Cathedral City, CA, with an average rent of $4,000, is the most affordable city nearby. In contrast, the most expensive city near 92262, Palm Springs, CA is Rancho Mirage, CA. Monthly rents here are on average $6,500 per month.

Let's compare 92262, Palm Springs, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 11.59% more affordable. Two bedrooms in 92262, Palm Springs, CA are about 13.97% more affordable. Finally, rent for three bedrooms are about 4.60% more expensive. Want more information? Check out the top 6 cities near 92262, Palm Springs, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Cathedral City, CA	N/A	$3,400	$4,200	$4,000
Indio, CA	N/A	$1,550	$3,875	$4,200
Palm Springs, CA	N/A	$1,860	$3,400	$4,500
Palm Desert, CA	N/A	$1,990	$4,700	$5,000
Rancho Mirage, CA	N/A	$2,400	$4,200	$6,500
La Quinta, CA	N/A	$2,150	$4,000	$6,500

Top Neighborhoods Near 92262

There are a total of 1 neighborhoods in or near 92262. We've included all of these top 1 neighborhoods in or near 92262, Palm Springs, CA in the following chart.

The average rent for these 1 neighborhoods in or near 92262, Palm Springs, CA is currently around $6,000 per month. 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 $4,995. Out of all the neighborhoods in or near 92262, PGA West has the most affordable average rent at $6,000 per month. Whereas, at $6,000 average rent per month, PGA West is the most expensive neighborhood in or near 92262. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
PGA West, La Quinta, CA	N/A	N/A	$3,900	$6,000

Top Counties Near 92262

There are a total of 1 counties located by 92262, Palm Springs, CA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 92262

There are a total of 8 zipcodes in or near 92262, Palm Springs, CA. The average rent for all of these zipcodes is $4,500. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92234, Cathedral City, CA at $4,000 per month. In comparison, the zipcode with the most expensive average rent of $6,500 per month is 92270, Rancho Mirage, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92262, Palm Springs, CA is $2,075 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,050 per month. Which comes out to $3 per sqft. The following chart includes the top 8 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
92253, La Quinta, CA	N/A	$2,150	$4,000	$6,500
92211, Palm Desert, CA	N/A	$2,550	$4,250	$4,500
92260, Palm Desert, CA	N/A	$1,795	$4,800	$5,200
92270, Rancho Mirage, CA	N/A	$2,400	$4,100	$6,500
92201, Indio, CA	N/A	N/A	$3,850	$4,500
92234, Cathedral City, CA	N/A	$3,400	$4,200	$4,000
92203, Indio, CA	$2,200	N/A	$3,700	$4,280
92264, Palm Springs, CA	N/A	$2,000	$3,300	$4,500

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 $4,995. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 $1,855 and an average price per square feet of $3.15. There are a total of 10 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 $3,598 and an average price per square feet of $2.83. There are a total of 20 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 -0.32%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.35%, and three bedroom rental prices have changed by 0.59% 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 $3,996/month. You can search for these reasonably priced rental listings on RentHop.