143 Luxury Apartments for rent in Palm Desert, CA

Last updated November 23 at 9:57am UTC
262 Avenida Del Sol
Palm Desert
Palm Desert, CA
Updated August 28 at 2:45am UTC
2 Bedrooms
$4,500
379 Indian Ridge Drive
Indian Ridge Cpountry Club
Palm Desert, CA
Updated November 23 at 9:57am UTC
3 Bedrooms
$6,000
74068 Jeri Lane
Palm Desert
Palm Desert, CA
Updated October 17 at 9:55am UTC
3 Bedrooms
$4,200
211 Seville Circle
Palm Desert
Palm Desert, CA
Updated June 12 at 3:11am UTC
2 Bedrooms
$4,800
76915 Turendot Street
Oasis Country Club
Palm Desert, CA
Updated November 13 at 9:19am UTC
2 Bedrooms
$3,800
303 San Vicente Circle
Palm Desert
Palm Desert, CA
Updated March 4 at 3:02pm UTC
2 Bedrooms
$4,500
166 Madrid Avenue
Palm Desert
Palm Desert, CA
Updated March 12 at 5:31am UTC
3 Bedrooms
$4,500
39335 Manorgate Road
Sun City Palm Desert
Palm Desert, CA
Updated November 23 at 1:32am UTC
3 Bedrooms
$4,250
241 San Remo
Palm Desert
Palm Desert, CA
Updated February 22 at 1:16pm UTC
2 Bedrooms
$4,500
26 Calle Lantana
Palm Desert
Palm Desert, CA
Updated October 26 at 1:58am UTC
4 Bedrooms
$4,000
351 Tomahawk Drive
Indian Ridge Cpountry Club
Palm Desert, CA
Updated November 7 at 1:31am UTC
3 Bedrooms
$10,000
201 Camino Arroyo North
Palm Desert
Palm Desert, CA
Updated July 4 at 11:43am UTC
3 Bedrooms
$4,250
259 Calle Del Verano
Palm Desert
Palm Desert, CA
Updated November 16 at 9:32am UTC
2 Bedrooms
$3,800
956 Mesa Grande Drive
Indian Ridge Cpountry Club
Palm Desert, CA
Updated April 22 at 2:46pm UTC
3 Bedrooms
$8,500
73250 Ironwood St
South Palm Desert
Palm Desert, CA
Updated October 20 at 1:49am UTC
3 Bedrooms
$7,500
334 Crest Lake Drive
Desert Falls
Palm Desert, CA
Updated November 10 at 9:11am UTC
4 Bedrooms
$10,000
350 South Sierra Madre
Palm Desert
Palm Desert, CA
Updated October 12 at 9:29am UTC
2 Bedrooms
$4,200
400 South Sierra Madre
Palm Desert
Palm Desert, CA
Updated September 26 at 5:59pm UTC
2 Bedrooms
$4,000
78926 Edgebrook Lane
Sun City Palm Desert
Palm Desert, CA
Updated November 23 at 9:40am UTC
2 Bedrooms
$4,000
242 Serena Drive
Palm Desert
Palm Desert, CA
Updated June 15 at 11:43pm UTC
2 Bedrooms
$3,800
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November 2017 Palm Desert Rent Report

Welcome to the November 2017 Palm Desert Rent Report. Palm Desert rents increased over the past month. In this report, we'll evaluate trends in the Palm Desert rental market, including comparisons to cities throughout the metro, state, and nation.

View full Palm Desert Rent Report
Rent Report
Palm Desert

November 2017 Palm Desert Rent Report

Welcome to the November 2017 Palm Desert Rent Report. Palm Desert rents increased over the past month. In this report, we'll evaluate trends in the Palm Desert rental market, including comparisons to cities throughout the metro, state, and nation.

Palm Desert rents increased significantly over the past month

Palm Desert rents have increased 0.4% over the past month, and have increased marginally by 0.8% in comparison to the same time last year. Currently, median rents in Palm Desert stand at $960 for a one-bedroom apartment and $1,190 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in July. Palm Desert's year-over-year rent growth lags the state average of 4.3%, as well as the national average of 2.7%.

Rents rising across the Riverside Metro

Throughout the past year, rent increases have been occurring not just in the city of Palm Desert, but across the entire metro. Of the largest 10 cities that we have data for in the Riverside metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Moreno Valley has seen the fastest rent growth in the metro, with a year-over-year increase of 6.8%. The median two-bedroom there costs $1,690, while one-bedrooms go for $1,350.
  • Over the past month, Ontario has seen the biggest rent drop in the metro, with a decline of 0.7%. Median two-bedrooms there cost $1,450, while one-bedrooms go for $1,160.
  • Corona has the most expensive rents of the largest cities in the Riverside metro, with a two-bedroom median of $2,140; rents were up 0.6% over the past month and 6.2% over the past year.
  • San Bernardino has the least expensive rents in the Riverside metro, with a two-bedroom median of $1,040; rents increased 0.7% over the past month and 3.9% over the past year.

Palm Desert rents more affordable than many large cities nationwide

As rents have increased marginally in Palm Desert, a few large cities nationwide have seen rents grow more quickly. Palm Desert is still more affordable than most large cities across the country.

  • Rents increased significantly in other cities across the state, with California as a whole logging rent growth of 4.3% over the past year. For example, rents have grown by 4.0% in San Diego, 3.9% in Los Angeles, and 3.0% in San Jose.
  • Palm Desert's median two-bedroom rent of $1,190 is slightly above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.8% increase in Palm Desert.
  • While Palm Desert's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Jacksonville (+4.2%), Seattle (+4.2%), and Phoenix (+4.1%).
  • Renters will find more reasonable prices in Palm Desert than most large cities. For example, San Jose has a median 2BR rent of $2,570, which is more than twice the price in Palm Desert.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Riverside $1,030 $1,290 0.6% 4.4%
San Bernardino $830 $1,040 0.7% 3.9%
Fontana $1,040 $1,300 2.0% 3.6%
Moreno Valley $1,350 $1,690 1.0% 6.8%
Rancho Cucamonga $1,350 $1,690 0.0% 4.8%
Ontario $1,160 $1,450 -0.7% 5.4%
Corona $1,710 $2,140 0.6% 6.2%
Murrieta $1,390 $1,730 -0.2% 5.5%
Indio $960 $1,210 0.8% 3.5%
Chino Hills $1,520 $1,930 -0.6% 4.8%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.