Palm Springs, CA Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,201
1-year change
+4.1%
$87/mo
5-year change
+34.3%
$562/mo
10-year change
+121.4%
$1,207/mo

Monthly rent trend

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Year-by-year rent in Palm Springs

YearMedian rentYoY changevs 2015
2015$929/mo0.0%
2016$997/mo+7.3%+7.3%
2017$1,070/mo+7.3%+15.2%
2018$1,165/mo+8.9%+25.4%
2019$1,256/mo+7.8%+35.2%
2020$1,341/mo+6.8%+44.3%
2021$1,586/mo+18.3%+70.7%
2022$1,932/mo+21.8%+108.0%
2023$2,004/mo+3.7%+115.7%
2024$2,081/mo+3.8%+124.0%
2025$2,091/mo+0.5%+125.1%
2026$2,179/mo+4.2%+134.6%

Frequently asked questions

How much has rent in Palm Springs changed since 2015?

Median rent in Palm Springs, CA was $936 in 2015-01 and is $2,201 as of 2026-06 — a change of $1,265 per month over 11 years.

How much has Palm Springs rent increased in the last 5 years?

Over the past 5 years, median rent in Palm Springs, CA has changed +34.3% ($562 per month). The current median is $2,201.

What has rent in Palm Springs done over the past decade?

Over the past 10 years, median rent in Palm Springs, CA has changed +121.4% ($1,207 per month). It is now $2,201.

Is rent in Palm Springs going up or down year over year?

Year over year, median rent in Palm Springs, CA has increased +4.1% ($87/mo). Current median: $2,201.

See full rent data for Palm Springs, CA
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.