Average Rent in Palm Desert, CA

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Current Versus Historical Palm Desert, CA Rents

Palm Desert rentals average $2,200 for a 1-bedroom rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $5,000, 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 increased by $27,812 (449.42%) year-over-year from $6,188 to $34,000. 1-bedroom rentals prices have increased by $156 (9.48%) year-over-year from $1,644 to $1,800. 2-bedroom rentals prices have increased by $562 (25.09%) year-over-year from $2,238 to $2,800. 3-bedroom rentals prices have increased by $363 (10.75%) year-over-year from $3,375 to $3,738. 4-bedroom rentals prices have increased by $581 (14.37%) year-over-year from $4,042 to $4,623. 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 20.85% this month. 1-bedroom rents have gone up by 9.20% this month. 2-bedroom rents have gone up by 6.40% this month. 3-bedroom rents have gone up by 7.43% this month. 4-bedroom rents have gone up by 13.93% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.60 $1,800 $1,644 (9.48%) $1,235 (45.77%)
2 BR $3.27 $2,800 $2,238 (25.09%) $1,900 (47.39%)
3 BR $2.88 $3,738 $3,375 (10.75%) $2,998 (24.65%)
4+ BR $2.41 $4,623 $4,042 (14.37%) $3,516 (31.48%)

Historical Rents in Palm Desert, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Palm Desert

There are a total of 5 cities nearby Palm Desert. The average rent in Palm Desert is currently $4,500 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Indio, CA, with an average rent of $3,500, is the most affordable city nearby. In contrast, the most expensive city near Palm Desert, CA is Rancho Mirage, CA. Monthly rents here are on average $6,500 per month.

Let's compare Palm Desert, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 1.14% more affordable. Two bedrooms in Palm Desert, CA are about 15.46% more expensive. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 5 cities near Palm Desert, CA in the following chart.
City Studio 1 Bed 2 Bed All
Indio, CA N/A $1,500 $3,875 $3,500
Cathedral City, CA N/A $3,400 $4,200 $4,000
Palm Springs, CA $1,645 $1,860 $3,000 $4,500
Rancho Mirage, CA N/A $2,225 $4,100 $6,500
La Quinta, CA N/A $2,350 $4,150 $6,500

Top Neighborhoods Near Palm Desert

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

The average rent for these 1 neighborhoods in or near Palm Desert, CA is currently around $6,500 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Palm Desert's average rent, which is only $5,000. Out of all the neighborhoods in or near Palm Desert, PGA West has the most affordable average rent at $6,500 per month. Whereas, at $6,500 average rent per month, PGA West is the most expensive neighborhood in or near Palm Desert. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
PGA West, La Quinta, CA N/A N/A $4,050 $6,500

Top Counties Near Palm Desert

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

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Palm Desert

There are a total of 8 zipcodes in or near Palm Desert, CA. The average rent for all of these zipcodes is $4,420. 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 92201, Indio, CA at $3,200 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 Palm Desert, CA is $2,163 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,125 per month. Which comes out to $3 per sqft. The following chart includes the top 8 zipcodes in Palm Desert, 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 $2,350 $4,150 $6,500
92211, Palm Desert, CA N/A $2,550 $4,500 $4,500
92260, Palm Desert, CA N/A $2,000 $4,900 $5,300
92270, Rancho Mirage, CA N/A $2,225 $4,100 $6,500
92201, Indio, CA N/A $1,550 $3,875 $3,200
92234, Cathedral City, CA N/A $3,400 $4,200 $4,000
92203, Indio, CA $2,200 N/A $3,700 $4,340
92264, Palm Springs, CA N/A $2,100 $2,948 $4,000

Frequently Asked Questions - Palm Desert Average Rents

What is the average rent price in Palm Desert, CA?
The average monthly rental price for Palm Desert, CA apartments for rent is approximately $5,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Palm Desert, 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 Palm Desert, CA.
How much is a studio apartment in Palm Desert, 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 Palm Desert.
How much is a one bedroom apartment in Palm Desert, CA?
The average monthly rental price for one bedroom apartments is $2,200 and an average price per square feet of $2.60. There are a total of 9 one bedroom apartment listings currently available for rent in Palm Desert.
How much is a two bedroom apartment in Palm Desert, CA?
The average monthly rental price for two bedroom apartments is $4,850 and an average price per square feet of $3.27. There are a total of 94 two bedroom apartment listings currently available for rent in Palm Desert.
How have rent prices in Palm Desert, CA changed this year?
Rent prices for rentals in Palm Desert, CA can fluctuate yearly. Specifically, studio rental prices have changed by 4.49%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.25%, and three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Palm Desert, CA?
A reasonable rent price in Palm Desert, CA is around $4,000/month. You can search for these reasonably priced rental listings on RentHop.
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