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Average Rent in 92270, Rancho Mirage, CA

Home  »  CA  »  Rancho Mirage  »  92270

Current Versus Historical 92270, Rancho Mirage, CA Rents

92270 rentals average $2,225 for a 1-bedroom rental to $9,700 for a 4-bedroom rental. The median price of all currently available listings is $6,500, 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 $362 (-99.72%) year-over-year from $363 to $1. 1-bedroom rentals prices have increased by $183 (8.87%) year-over-year from $2,067 to $2,250. 2-bedroom rentals prices have increased by $312 (9.93%) year-over-year from $3,138 to $3,450. 3-bedroom rentals prices have increased by $2,342 (56.31%) year-over-year from $4,158 to $6,500. 4-bedroom rentals prices have increased by $4,184 (77.62%) year-over-year from $5,391 to $9,575. 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 0.00% this month. 1-bedroom rents have gone up by 11.11% this month. 2-bedroom rents have gone down by 15.85% this month. 3-bedroom rents have gone up by 23.46% this month. 4-bedroom rents have gone up by 31.34% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.69 $2,250 $2,067 (8.87%) $1,352 (66.46%)
2 BR $2.62 $3,450 $3,138 (9.93%) $2,411 (43.10%)
3 BR $3.26 $6,500 $4,158 (56.31%) $3,917 (65.96%)
4+ BR $3.05 $9,575 $5,391 (77.62%) $8,623 (11.04%)

Historical Rents in 92270, Rancho Mirage, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92270

There are a total of 4 cities nearby 92270. The average rent in 92270 is currently $4,750 per month. A total of 4 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 92270, Rancho Mirage, CA is Rancho Mirage, CA. Monthly rents here are on average $6,500 per month.

Let's compare 92270, Rancho Mirage, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 7.42% more expensive. Two bedrooms in 92270, Rancho Mirage, CA are about 2.44% more affordable. Finally, rent for three bedrooms are about 25.50% more expensive. Want more information? Check out the top 4 cities near 92270, Rancho Mirage, CA in the following chart.
City Studio 1 Bed 2 Bed All
Cathedral City, CA N/A $3,400 $4,200 $4,000
Palm Springs, CA N/A $1,850 $3,100 $4,500
Palm Desert, CA N/A $1,895 $4,850 $5,000
Rancho Mirage, CA N/A $2,225 $4,200 $6,500

Top Neighborhoods Near 92270



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 92270



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 92270

There are a total of 5 zipcodes in or near 92270, Rancho Mirage, 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 $5,200 per month is 92260, Palm Desert, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92270, Rancho Mirage, CA is $2,550 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,200 per month. Which comes out to $3 per sqft. The following chart includes the top 5 zipcodes in 92270, Rancho Mirage, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92211, Palm Desert, CA N/A $2,550 $4,500 $4,500
92260, Palm Desert, CA N/A $1,800 $4,850 $5,200
92234, Cathedral City, CA N/A $3,400 $4,200 $4,000
92262, Palm Springs, CA N/A $1,800 $3,375 $4,500
92264, Palm Springs, CA N/A $2,655 $2,998 $4,500

Frequently Asked Questions - 92270 Average Rents

What is the average rent price in 92270, Rancho Mirage, CA?
The average monthly rental price for 92270, Rancho Mirage, CA apartments for rent is approximately $6,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92270, Rancho Mirage, 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 92270, Rancho Mirage, CA.
How much is a studio apartment in 92270, Rancho Mirage, 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 92270.
How much is a one bedroom apartment in 92270, Rancho Mirage, CA?
The average monthly rental price for one bedroom apartments is $2,225 and an average price per square feet of $2.69. There are a total of 6 one bedroom apartment listings currently available for rent in 92270.
How much is a two bedroom apartment in 92270, Rancho Mirage, CA?
The average monthly rental price for two bedroom apartments is $4,100 and an average price per square feet of $2.62. There are a total of 40 two bedroom apartment listings currently available for rent in 92270.
How have rent prices in 92270, Rancho Mirage, CA changed this year?
Rent prices for rentals in 92270, Rancho Mirage, CA can fluctuate yearly. Specifically, studio rental prices have changed by -1.00%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.56% year-over-year.
What is a reasonable rent price in 92270, Rancho Mirage, CA?
A reasonable rent price in 92270, Rancho Mirage, CA is around $5,200/month. You can search for these reasonably priced rental listings on RentHop.
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