Average Rent in 92262, Palm Springs, CA

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Current Versus Historical 92262, Palm Springs, CA Rents

92262 rentals average $1,395 for a studio rental to $5,995 for a 4-bedroom rental. The median price of all currently available listings is $3,324, or roughly $33 per square feet.
For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $100 (-6.68%) year-over-year from $1,495 to $1,395. 1-bedroom rentals prices have decreased by $228 (-12.20%) year-over-year from $1,865 to $1,638. 2-bedroom rentals prices have increased by $339 (11.07%) year-over-year from $3,058 to $3,397. 3-bedroom rentals prices have increased by $1,067 (27.12%) year-over-year from $3,933 to $5,000. 4-bedroom rentals prices have increased by $1,417 (28.20%) year-over-year from $5,023 to $6,440. 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 4.76% this month. 1-bedroom rents have gone up by 0.20% this month. 2-bedroom rents have gone up by 33.31% this month. 3-bedroom rents have gone up by 27.12% this month. 4-bedroom rents have gone up by 41.41% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $55.80 $1,395 $1,495 (-6.68%) $1,395 (0.01%)
1 BR $32.93 $1,638 $1,865 (-12.20%) $1,686 (-2.88%)
2 BR $30.59 $3,397 $3,058 (11.07%) $2,139 (58.80%)
3 BR $30.46 $5,000 $3,933 (27.12%) $3,833 (30.43%)
4+ BR $32.85 $6,440 $5,023 (28.20%) $4,067 (58.36%)

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 9 cities nearby 92262. The average rent in 92262 is currently $4,050 per month. Only one city nearby has an average rent lower than that. Our records show that Hemet, CA, with an average rent of $2,050, 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 $8,500 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 on par with the other cities nearby. One bedrooms are about 6.25% more affordable. Two bedrooms in 92262, Palm Springs, CA are about 19.92% more affordable. Finally, rent for three bedrooms are about 13.10% more affordable. Want more information? Check out the top 9 cities near 92262, Palm Springs, CA in the following table.
City Studio 1 Bed 2 Bed All
Hemet, CA $1,408 $1,400 $1,825 $2,050
Palm Springs, CA $1,395 $1,700 $3,000 $3,500
Cathedral City, CA $1,398 $1,695 $4,000 $3,800
Desert Palms, CA $1,250 $2,475 $3,650 $3,850
Indio, CA $1,500 $1,500 $3,838 $4,050
Palm Desert, CA $1,300 $1,695 $4,000 $4,500
Rancho Mirage, CA N/A $3,300 $4,500 $6,500
La Quinta, CA $2,250 $2,500 $3,500 $6,500
Indian Wells, CA N/A $2,600 $6,600 $8,500

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 $5,650 per month. Interestingly, the neighborhoods' average rent is higher than 92262's average rent, which is only $3,324. Out of all the neighborhoods in or near 92262, Santa Carmelita at Vale La Quinta has the most affordable average rent at $3,800 per month. Whereas, at $7,500 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 $2,095 $3,800
PGA West, La Quinta, CA N/A N/A $4,400 $7,500

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 $4,000.

Studios in these zipcodes have an average rent of $699. That's at least $17 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, $38 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,750 per month. Which comes out to $34 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 $1,398 $1,695 $4,000 $3,800
92201, Indio, CA N/A $1,800 $3,500 $4,200

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 $3,324. 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 $1,395 and an average price per square feet of $55.80. There are a total of 3 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 $1,600 and an average price per square feet of $32.93. There are a total of 36 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 $3,200 and an average price per square feet of $30.59. There are a total of 39 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 -0.07%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.11%, three bedroom rental prices have changed by 0.27% 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 $2,659/month. You can search for these reasonably priced rental listings on RentHop.