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ZIP Code · CA

ZIP 92262

Pop. 26,887·Riverside County·817th most expensive ZIP in California
Median rent (all units)
$1,931/mo
Year-over-Year
-3.2%
Month-over-Month
-8.5%
vs US Median
-$31
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 92262 · $1,931
More expensive than 56% of US ZIP codes · National median $1,962/mo
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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

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Last updated: August 17, 2026

Annual cost
$23,172/yr
At $1,931/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 3.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-3.2% YoY, -8.5% 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
$1,200 → $1,931
up 60.9%
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 60.9% since 2020, going from about $1,200 per month to roughly $1,931 today. Census figures show median household income at $71,672 today, compared with $60,289 five years earlier. Rent outpaced income growth by roughly 42.0 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.

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Local insights

Tips for renters in ZIP 92262

About renting in ZIP 92262

Last updated: August 17, 2026

ZIP code 92262 covers Palm Springs, CA. The median rent here is $1,931/mo as of August 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,140/mo.

At 32% of local median household income ($71,672/yr), ZIP 92262 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 3.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92262?

As of August 17, 2026, the median monthly rent in ZIP 92262 (Palm Springs, CA) is $1,931. This is based on aggregated data from public sources and community submissions.

How does ZIP 92262 rent compare to the US average?

ZIP 92262's median rent of $1,931/mo is $31 (2%) below the US national median of $1,962/mo.

How does ZIP 92262 compare to other ZIPs in California?

ZIP 92262 is among the more affordable ZIP codes in California, ranking #817 out of 897 ZIPs at $1,931/mo.

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 $77,000/year (~$37/hour full-time) to afford the median rent of $1,931/mo in ZIP 92262. The local median household income is $71,672/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 92262?

Rent in ZIP 92262 has decreased 3.2% over the past year as of August 17, 2026, offering some relief compared to 12 months ago.

Is ZIP 92262 an affordable place to rent?

ZIP 92262 is considered moderate for renters. At $1,931/mo, rent takes approximately 32% of the local median household income ($71,672/yr). The standard benchmark is 30%. ZIP 92262 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 92262 residents rent vs. own?

According to Census data, approximately 35.7% of ZIP 92262 households are renters, while 64.3% are owner-occupied. ZIP 92262 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 92262 compare to the rest of Palm Springs?

ZIP 92262 is more affordable than Palm Springs overall. At $1,931/mo, it's $138 below the Palm Springs citywide median of $2,069/mo.

When was rent data for ZIP 92262 last updated?

Rent data for ZIP 92262 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,931/mo, rent takes ~32% of ZIP 92262's median household income ($71,672/yr). The standard benchmark is 30%.

ZIP 92262 32%Benchmark 30%
State income tax1–13.3%
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