Property Prices in Palm Springs, CA, United States

Index Info
Price to Income Ratio: 4.65
Mortgage as Percentage of Income: 40.37%
Loan Affordability Index: 2.48
Price to Rent Ratio - City Centre: 11.91
Price to Rent Ratio - Outside of Centre: 9.20
Gross Rental Yield (City Centre): 8.40%
Gross Rental Yield (Outside of Centre): 10.88%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,860.00 1,500.00-2,127.00
1 Bedroom Apartment Outside of City Centre $1,500.00 1,200.00-1,900.00
3 Bedroom Apartment in City Centre $3,640.00 3,000.00-6,500.00
3 Bedroom Apartment Outside of City Centre $3,260.00 2,500.00-4,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $466.66 450.00-500.00
Price per Square Feet to Buy Apartment Outside of Centre $305.66 300.00-317.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,467.18
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.12 6.00-6.50

These data are based on 51 entries from 8 contributors over the past 18 months.
Last update: 10 June 2026

Sources and References
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