Palm Springs, CA Rental Market Trends
Last updated: February 17, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Palm Springs is $2,115, a 1.41% decrease compared to the previous year, when the average rent was $2,146.
Studio Apartments at $1,435 offer the most budget-friendly option with 501 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 741 square feet for $1,951, balancing privacy and affordability.
Two-beedroom units at $2,367 offer 1,011 square feet, perfect for roommates or small families.
Average rent in Palm Springs, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,115 | 855 sq. ft. |
| Studio | $1,435 | 501 sq. ft. |
| 1 Bed | $1,951 | 741 sq. ft. |
| 2 Beds | $2,367 | 1,011 sq. ft. |
| 3 Beds | n/a | n/a |
Palm Springs, CA rent trends
Rental prices in Palm Springs, CA have decreased by 1.41% over the past year. The average rent moved from $2,146 to $2,115.
What's the typical rent budget in Palm Springs, CA?
The largest share of rentals in Palm Springs, CA (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Palm Springs, CA?
8,502 or 35% of the households in Palm Springs, CA are renter-occupied while 15,795 or 65% are owner-occupied.
How Palm Springs Compares to Other Cities
| City | Average Rent |
|---|---|
| Palm Springs | $2,115 |
| Los Angeles | $2,740 |
| San Francisco | $3,580 |
| East Bay | $2,643 |
| San Diego | $2,958 |
| Long Beach | $2,645 |
| Sacramento | $1,894 |
| San Jose | $3,118 |
| Oakland | $2,578 |
| Tulare | $1,674 |
| Santa Monica | $3,626 |
| Palm Desert, CA | $2,210 |
| Moreno Valley, CA | $2,110 |
| Indio, CA | $1,704 |
| Hemet, CA | $1,717 |
| Redlands, CA | $2,226 |
| Temecula, CA | $2,376 |
| Cathedral City, CA | $2,325 |
| San Jacinto, CA | $2,006 |
| Menifee, CA | $2,546 |
| La Quinta, CA | $2,443 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Palm Springs apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.