80 Furnished Apartments for rent in Palm Springs, CA

Last updated September 25 at 6:15PM
5301 East Waverly Drive
Palm Springs
Palm Springs, CA
Updated September 25 at 5:43PM
1 Bedroom
$2,400
6250 PASEO DE LA PALMA
Palm Springs
Palm Springs, CA
Updated September 7 at 3:02AM
3 Bedrooms
$2,500
496 West DOMINGUEZ Road
Racquet Club West
Palm Springs, CA
Updated September 25 at 6:15PM
1 Bedroom
$2,195
500 South FARRELL Drive
Palm Springs
Palm Springs, CA
Updated September 25 at 6:14PM
2 Bedrooms
$2,200
496 West DOMINGUEZ Road
Racquet Club West
Palm Springs, CA
Updated August 24 at 1:36PM
1 Bedroom
$1,650
2342 South Toledo Avenue
Palm Springs
Palm Springs, CA
Updated August 25 at 2:37AM
3 Bedrooms
$4,200
153 West El Camino Way
The Mesa
Palm Springs, CA
Updated September 4 at 9:37AM
3 Bedrooms
$3,500
291 E Mel Ave #330
Uptown Palm Springs
Palm Springs, CA
Updated September 8 at 10:32AM
2 Bedrooms
$1,500
2391 North PALERMO Drive
Chino Canyon
Palm Springs, CA
Updated August 15 at 5:26AM
3 Bedrooms
$5,900
2290 North CERRITOS Drive
Ranch Club Estates
Palm Springs, CA
Updated September 7 at 11:08AM
2 Bedrooms
$2,650
940 East MURRAY CANYON Drive
Indian Canyons
Palm Springs, CA
Updated September 21 at 2:27PM
3 Bedrooms
$4,700
301 W. Overlook Rd.
The Mesa
Palm Springs, CA
Updated September 23 at 11:09AM
3 Bedrooms
$3,399
577 North CALLE MARCUS
Ruth Hardy Park
Palm Springs, CA
Updated September 14 at 3:17AM
3 Bedrooms
$2,900
435 BRADSHAW Lane
Palm Springs
Palm Springs, CA
Updated September 21 at 2:30PM
2 Bedrooms
$1,695
1661 Olga Way
Vista Norte
Palm Springs, CA
Updated August 31 at 7:37PM
4 Bedrooms
$3,800
2389 E Francis Drive
Desert Park Estates
Palm Springs, CA
Updated September 24 at 5:57PM
3 Bedrooms
$4,000
2345 South CHEROKEE Way
Melody Ranch
Palm Springs, CA
Updated August 15 at 5:25AM
2 Bedrooms
$2,600
2727 South SIERRA MADRE
Canyon Corridor
Palm Springs, CA
Updated September 19 at 6:36PM
2 Bedrooms
$1,900
2601 S Broadmoor Drive
Palm Springs
Palm Springs, CA
Updated September 23 at 6:53PM
3 Bedrooms
$1,700
S Calle El Segundo
Baristo
Palm Springs, CA
Updated September 21 at 7:35AM
1 Bedroom
$1,425
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Rent Report
Palm Springs

September 2017 Palm Springs Rent Report

Welcome to the September 2017 Palm Springs Rent Report. In this report, we'll evaluate trends in the Palm Springs rental market, including comparisons to cities throughout the metro, state, and nation.

Palm Springs rents increase sharply over the past month

Palm Springs rents have increased 0.7% over the past month, and are up moderately by 3.8% in comparison to the same time last year. Currently, median rents in Palm Springs stand at $910 for a one-bedroom apartment and $1,140 for a two-bedroom. Palm Springs' year-over-year rent growth lags the state average of 4.5%, but exceeds the national average of 3.0%.

Rents rising across the Riverside Metro

Throughout the past year, rent increases have been occurring not just in the city of Palm Springs, 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.

  • Ontario has seen the fastest rent growth in the metro, with a year-over-year increase of 7.0%. The median two-bedroom there costs $1,460, while one-bedrooms go for $1,170.
  • Over the past month, Indio has seen the biggest rent drop in the metro, with a decline of 0.4%. Median two-bedrooms there cost $1,200, while one-bedrooms go for $960.
  • San Bernardino has the least expensive rents in the Riverside metro, with a two-bedroom median of $1,030; rents grew 0.6% over the past month and 4.0% over the past year.
  • Corona has the most expensive rents of the largest cities in the Riverside metro, with a two-bedroom median of $2,130; rents were up 0.1% over the past month and 6.8% over the past year.

Palm Springs rents more affordable than many large cities nationwide

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

  • Rents also increased in other cities across the state, with California as a whole logging rent growth of 4.5% over the past year. For example, rents have grown by 5.0% in Los Angeles, 4.6% in San Diego, and 2.2% in San Jose.
  • Palm Springs' median two-bedroom rent of $1,140 is slightly below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 3.8% rise in Palm Springs.
  • While Palm Springs' rents rose over the past year, many cities nationwide also saw increases, many cities nationwide also saw increases, including Seattle (+5.4%), Los Angeles (+5.0%), and Phoenix (+4.9%).
  • Renters will find more reasonable prices in Palm Springs than most large cities. For example, San Jose has a median 2BR rent of $2,580, which is more than twice the price in Palm Springs.

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 $1,020 $1,280 -0.3% 3.7%
San Bernardino $830 $1,030 0.6% 4.0%
Fontana $1,020 $1,280 -0.2% 1.8%
Moreno Valley $1,340 $1,670 -0.2% 5.9%
Rancho Cucamonga $1,360 $1,700 0.5% 6.7%
Ontario $1,170 $1,460 0.1% 7.0%
Corona $1,700 $2,130 0.1% 6.8%
Murrieta $1,390 $1,740 0.6% 5.6%
Indio $960 $1,200 -0.4% 3.2%
Chino Hills $1,520 $1,930 1.3% 4.9%
See more

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.