ZIP Code · CA

ZIP 92262

Part of Palm Springs, CA

Pop. 26,887·Riverside County·799th most expensive ZIP in California

Median rent (all units)

$2,020/mo

Year-over-Year

+3.2%

Month-over-Month

+0.6%

vs US Median

+$88

Reported rents

Rising (Monthly)

Be the first to discuss 92262 rents ↓

Most AffordableMost Expensive

ZIP 92262 · $2,020

More expensive than 62% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,650

1 BR

$1,730

2 BR

$2,140

3 BR

$2,830

4 BR+

$3,420

Research median

$2,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

June. Asking rents in ZIP 92262 usually run 0.6% below trend in June and 0.5% above it in February, about $22 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 92262 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of California

Rent in ZIP 92262 changed +3.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 92262 rose 65.3% while median household income rose 37.6% ($52,092 to $71,672). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92262 is 69.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($71,672) is $1,792 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,730); a 2-bedroom is $2,140.

From Zillow's monthly rent index (ZORI) for ZIP 92262. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$24,240/yr

At $2,020/mo median

Location

CityPalm Springs

StateCA

CountyRiverside County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.2% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 92262 (Palm Springs, CA) is majority owner-occupied, has a large retiree population, 40% of residents hold a bachelor's degree or higher.

Population

26,887

Median income

$71,672

Median age

54.8

Renters

35.7%

Age distribution

16.3%

22.4%

19.2%

30.4%

Under 1811.7%

18–3416.3%

35–5422.4%

55–6419.2%

65+30.4%

Gender

61.5%

38.5%

Male61.5%

Female38.5%

Race & ethnicity

60.1%

30.9%

White60.1%

Black8.4%

Hispanic30.9%

Asian3.9%

Education (25+)

19.2%

31.5%

40%

No HS diploma9.3%

HS diploma19.2%

Some college31.5%

Bachelor's+40%

Housing tenure

64.3%

35.7%

Owner64.3%

Renter35.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2020 vs 2026

How ZIP 92262 in Palm Springs, CA has changed in 5 years

Rent

$1,189 → $2,020

up 69.9%

Income

$60,289 → $71,672

up 18.9%

Population

25,888 → 26,887

up 3.9%

Renter share

39.5% → 35.7%

-3.8 pts

Bachelor's+

40.5% → 40%

-0.5 pts

Median age

53.7 → 54.8

+1.1 yrs

Rent in ZIP 92262 in Palm Springs, CA has increased 69.9% since 2020, going from about $1,189 per month to roughly $2,020 today. Census figures show median household income at $71,672 today, compared with $60,289 five years earlier. Rent outpaced income growth by roughly 51.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 25,888 to 26,887 between 2021 and 2024, a 3.9% change. About 35.7% of households rent today, against 39.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2020.

Community

Discussions about ZIP 92262

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 92262

About renting in ZIP 92262

Last updated: October 17, 2026

ZIP code 92262 covers Palm Springs, CA. The median rent here is $2,020/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,140/mo.

At 34% of local median household income ($71,672/yr), ZIP 92262 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92262?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,020/mo in ZIP 92262. The local median household income is $71,672/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92262?

Rent in ZIP 92262 has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 92262?

Asking rents in ZIP 92262 are usually lowest in June, about 0.6% below their yearly trend, and highest in February, about 0.5% above it. At today's median that is a gap of roughly $22 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 92262?

Yes. From 2019 to 2024, rent in ZIP 92262 rose 65.3% while median household income rose 37.6%, from $52,092 to $71,672. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92262 compare to other ZIPs in California?

ZIP 92262 is one of the more affordable among California ZIP codes for rent, ranking #799 of 898 at $2,020/mo. Over the year to September 2026, rent in ZIP 92262 changed +3.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.