76 Furnished Apartments for rent in Palm Springs, CA

Last updated November 21 at 5:39pm UTC
500 South FARRELL Drive
Palm Springs
Palm Springs, CA
Updated November 21 at 5:39pm UTC
2 Bedrooms
$2,200
5125 East Waverly Drive
Palm Springs
Palm Springs, CA
Updated November 9 at 9:38am UTC
2 Bedrooms
$2,400
471 DION Drive
Midtown Palm Springs
Palm Springs, CA
Updated November 5 at 5:44pm UTC
3 Bedrooms
$4,800
1978 South MESA Drive
The Mesa
Palm Springs, CA
Updated November 14 at 1:39am UTC
4 Bedrooms
$13,500
1521 VIA ROBERTO MIGUEL
El Rancho Vista Estates
Palm Springs, CA
Updated November 21 at 1:46am UTC
3 Bedrooms
$3,650
500 East AMADO Road
Midtown Palm Springs
Palm Springs, CA
Updated November 9 at 10:53am UTC
1 Bedroom
$1,350
400 North SUNRISE Way
Sunrise Park
Palm Springs, CA
Updated November 19 at 9:56am UTC
2 Bedrooms
$1,375
1661 Olga Way
Vista Norte
Palm Springs, CA
Updated October 26 at 5:29pm UTC
4 Bedrooms
$3,800
420 North VILLA Court
Racquet Club West
Palm Springs, CA
Updated November 8 at 1:48am UTC
1 Bedroom
$1,000
277 East ALEJO Road
Downtown Palm Springs
Palm Springs, CA
Updated November 3 at 5:50pm UTC
2 Bedrooms
$1,750
942 ALTA CRESTA
Mountain Gate
Palm Springs, CA
Updated November 9 at 5:17pm UTC
3 Bedrooms
$3,200
280 South Avenida Caballeros
Baristo
Palm Springs, CA
Updated November 3 at 5:04pm UTC
3 Bedrooms
$3,400
564 North Cantera Circle
Palm Springs
Palm Springs, CA
Updated November 11 at 1:58am UTC
3 Bedrooms
$3,600
625 South VISTA ORO
Warm Sands
Palm Springs, CA
Updated November 9 at 10:51am UTC
1 Bedroom
$1,100
5301 East Waverly Drive
Palm Springs
Palm Springs, CA
Updated November 21 at 5:15pm UTC
1 Bedroom
$2,400
2939 North CHUPEROSA Road
Desert Park Estates
Palm Springs, CA
Updated November 5 at 9:21am UTC
4 Bedrooms
$6,000
4040 East MESQUITE Avenue
Demuth Park West
Palm Springs, CA
Updated October 30 at 1:34am UTC
3 Bedrooms
$1,895
2186 South Via Mazatlan
Canyon Corridor
Palm Springs, CA
Updated November 18 at 1:16am UTC
3 Bedrooms
$3,000
505 South FARRELL Drive
Palm Springs
Palm Springs, CA
Updated November 4 at 9:45am UTC
2 Bedrooms
$1,600
435 BRADSHAW Lane
Palm Springs
Palm Springs, CA
Updated November 17 at 2:12am UTC
2 Bedrooms
$1,695
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November 2017 Palm Springs Rent Report

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

View full Palm Springs Rent Report
Rent Report
Palm Springs

November 2017 Palm Springs Rent Report

Welcome to the November 2017 Palm Springs Rent Report. Palm Springs rents remained steady over the past month. 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 rent trends were flat over the past month

Palm Springs rents have remained flat over the past month, however, they have increased moderately by 3.9% year-over-year. Currently, median rents in Palm Springs stand at $920 for a one-bedroom apartment and $1,150 for a two-bedroom. Palm Springs' year-over-year rent growth lags the state average of 4.3%, but exceeds 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 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.

  • 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 increased 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 grew 0.7% over the past month and 3.9% over the past year.

Palm Springs rents more affordable than many large cities nationwide

As rents have increased moderately in Palm Springs, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Palm Springs 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 Springs' median two-bedroom rent of $1,150 is slightly below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 3.9% increase in Palm Springs.
  • While Palm Springs' rents rose moderately over the past year, the city of Portland saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Palm Springs 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 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 $1,030 $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.