Average Rent in Palm Springs, CA

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Current Versus Historical Palm Springs, CA Rents

Palm Springs rentals average $1,395 for a studio rental to $7,190 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $33 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $10 (-0.74%) year-over-year from $1,405 to $1,395. 1-bedroom rentals prices have decreased by $88 (-4.81%) year-over-year from $1,838 to $1,750. 2-bedroom rentals prices have increased by $458 (15.97%) year-over-year from $2,866 to $3,324. 3-bedroom rentals prices have increased by $1,975 (50.97%) year-over-year from $3,875 to $5,850. 4-bedroom rentals prices have increased by $3,677 (73.19%) year-over-year from $5,023 to $8,700. 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 4.82% this month. 1-bedroom rents have gone down by 2.50% this month. 2-bedroom rents have gone up by 25.83% this month. 3-bedroom rents have gone up by 33.97% this month. 4-bedroom rents have gone up by 26.56% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $55.80 $1,395 $1,405 (-0.74%) $1,408 (-0.95%)
1 BR $33.76 $1,750 $1,838 (-4.81%) $1,635 (7.01%)
2 BR $29.50 $3,324 $2,866 (15.97%) $2,215 (50.07%)
3 BR $31.32 $5,850 $3,875 (50.97%) $3,565 (64.10%)
4+ BR $33.99 $8,700 $5,023 (73.19%) $4,029 (115.93%)

Historical Rents in Palm Springs, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Palm Springs

There are a total of 7 cities nearby Palm Springs. The average rent in Palm Springs is currently $4,500 per month. Our records show that Cathedral City, CA, with an average rent of $3,800, is the most affordable city nearby. In contrast, the most expensive city near Palm Springs, CA is Indian Wells, CA. Monthly rents here are on average $8,500 per month.

Let's compare Palm Springs, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Palm Springs, CA is 6.81% more expensive than other cities nearby. One bedrooms are about 45.59% more affordable. Two bedrooms in Palm Springs, CA are about 33.33% more affordable. Finally, rent for three bedrooms are about 11.11% more affordable. Want more information? Check out the top 7 cities near Palm Springs, CA in the following table.
City Studio 1 Bed 2 Bed All
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 Palm Springs

There are a total of 2 neighborhoods in or near Palm Springs. 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 Palm Springs, CA in the following table.

The average rent for these 2 neighborhoods in or near Palm Springs, CA is currently around $5,650 per month. Interestingly, the neighborhoods' average rent is higher than Palm Springs's average rent, which is only $3,500. Out of all the neighborhoods in or near Palm Springs, 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 Palm Springs. 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 Palm Springs



County Studio 1 Bed 2 Bed All

Top Zipcodes Near Palm Springs

There are a total of 3 zipcodes in or near Palm Springs, CA. The average rent for all of these zipcodes is $3,800. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92262, Palm Springs, CA at $3,324 per month. In comparison, the zipcode with the most expensive average rent of $4,200 per month is 92201, Indio, CA.

Studios in these zipcodes have an average rent of $1,395. That's at least $34 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Palm Springs, CA is $1,695 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $31 per sqft. The following table includes the top 3 zipcodes in 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
92262, Palm Springs, CA $1,395 $1,600 $3,200 $3,324
92201, Indio, CA N/A $1,800 $3,500 $4,200

Frequently Asked Questions - Palm Springs Average Rents

What is the average rent price in Palm Springs, CA?
The average monthly rental price for 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 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 Palm Springs, CA.
How much is a studio apartment in 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 Palm Springs.
How much is a one bedroom apartment in Palm Springs, CA?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $33.76. There are a total of 54 one bedroom apartment listings currently available for rent in Palm Springs.
How much is a two bedroom apartment in Palm Springs, CA?
The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $29.50. There are a total of 81 two bedroom apartment listings currently available for rent in Palm Springs.
How have rent prices in Palm Springs, CA changed this year?
Rent prices for rentals in Palm Springs, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.16%, three bedroom rental prices have changed by 0.51% year-over-year.
What is a reasonable rent price in Palm Springs, CA?
A reasonable rent price in Palm Springs, CA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.