Average Rent in Palm Desert, CA

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Current Versus Historical Palm Desert, CA Rents

Palm Desert rentals average $2,400 for a 1-bedroom rental to $8,000 for a 4-bedroom rental. The median price of all currently available listings is $5,400, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $26,393 (346.94%) year-over-year from $7,607 to $34,000. 1-bedroom rentals prices have increased by $768 (47.09%) year-over-year from $1,632 to $2,400. 2-bedroom rentals prices have increased by $2,468 (97.43%) year-over-year from $2,533 to $5,000. 3-bedroom rentals prices have increased by $2,800 (87.50%) year-over-year from $3,200 to $6,000. 4-bedroom rentals prices have increased by $2,454 (59.20%) year-over-year from $4,146 to $6,600. 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 13.09% this month. 2-bedroom rents have gone up by 43.54% this month. 3-bedroom rents have gone up by 29.96% this month. 4-bedroom rents have gone up by 23.75% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.06 $2,400 $1,632 (47.09%) $1,613 (48.80%)
2 BR $3.35 $5,000 $2,533 (97.43%) $2,482 (101.48%)
3 BR $3.29 $6,000 $3,200 (87.50%) $2,548 (135.53%)
4+ BR $2.67 $6,600 $4,146 (59.20%) $5,233 (26.13%)

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 6 cities nearby Palm Desert. The average rent in Palm Desert is currently $5,762 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Palm Springs, CA, with an average rent of $4,000, is the most affordable city nearby. In contrast, the most expensive city near Palm Desert, CA is Indian Wells, CA. Monthly rents here are on average $8,000 per month.

Let's compare Palm Desert, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 12.50% more affordable. Two bedrooms in Palm Desert, CA are about 13.00% more expensive. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 6 cities near Palm Desert, CA in the following chart.
City Studio 1 Bed 2 Bed All
Cathedral City, CA $1,400 $3,300 $4,200 $4,000
Palm Springs, CA $1,525 $2,100 $3,500 $4,000
Indio, CA N/A N/A $3,925 $4,524
Rancho Mirage, CA N/A $3,500 $5,000 $7,000
La Quinta, CA N/A $3,374 $4,500 $7,000
Indian Wells, CA N/A N/A $4,750 $8,000

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 $6,000 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 $5,400. Out of all the neighborhoods in or near Palm Desert, PGA West has the most affordable average rent at $6,000 per month. Whereas, at $6,000 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 $4,800 $6,000

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



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

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 $5,400. 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 $2,400 and an average price per square feet of $3.06. There are a total of 8 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 $5,000 and an average price per square feet of $3.35. There are a total of 165 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 3.47%, one bedroom rental prices have changed by 0.47%, two bedroom rental prices have changed by 0.97%, and three bedroom rental prices have changed by 0.88% year-over-year.
What is a reasonable rent price in Palm Desert, CA?
A reasonable rent price in Palm Desert, CA is around $4,320/month. You can search for these reasonably priced rental listings on RentHop.
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