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ZIP Code · CA

ZIP 92264

Pop. 19,899·Riverside County·725th most expensive ZIP in California
Median rent (all units)
$2,261/mo
Year-over-Year
-0.9%
Month-over-Month
-2.8%
vs US Median
+$299
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 92264 · $2,261
More expensive than 72% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,800
1 BR
$1,890
2 BR
$2,340
3 BR
$3,100
4 BR+
$3,740
Research median
$2,340/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
$27,132/yr
At $2,261/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-0.9% YoY, -2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 92264 (Palm Springs, CA) is majority owner-occupied, has a large retiree population, 48.9% of residents hold a bachelor's degree or higher.

Population
19,899
Median income
$77,688
Median age
61.2
Renters
31.2%
Age distribution
20.7%
21.9%
40.1%
Under 185.4%
18–3411.9%
35–5420.7%
55–6421.9%
65+40.1%
Gender
60.7%
39.3%
Male60.7%
Female39.3%
Race & ethnicity
71.6%
19.9%
White71.6%
Black1.9%
Hispanic19.9%
Asian6.9%
Education (25+)
15.5%
30%
48.9%
No HS diploma5.7%
HS diploma15.5%
Some college30%
Bachelor's+48.9%
Housing tenure
68.8%
31.2%
Owner68.8%
Renter31.2%

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

2021 vs 2026

How ZIP 92264 in Palm Springs, CA has changed in 5 years

Rent
$1,600 → $2,261
up 41.3%
Income
$63,518 → $77,688
up 22.3%
Population
19,965 → 19,899
down 0.3%
Renter share
32.8% → 31.2%
-1.6 pts
Bachelor's+
44.8% → 48.9%
+4.1 pts
Median age
59.4 → 61.2
+1.8 yrs

Across the past five years, the going rent in ZIP 92264 in Palm Springs, CA has shifted from $1,600 to $2,261, up 41.3% since 2021. Household income in the area moved from $63,518 to $77,688 across the same window, up 22.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 32.8% to 31.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 44.8% to 48.9% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 92264 in Palm Springs, CA look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 92264

Last updated: August 17, 2026

ZIP code 92264 covers Palm Springs, CA. The median rent here is $2,261/mo as of August 2026. A 1-bedroom rents for a median of $1,890/mo. A 2-bedroom rents for a median of $2,340/mo.

At 35% of local median household income ($77,688/yr), ZIP 92264 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92264?

As of August 17, 2026, the median monthly rent in ZIP 92264 (Palm Springs, CA) is $2,261. This is based on aggregated data from public sources and community submissions.

How does ZIP 92264 rent compare to the US average?

ZIP 92264's median rent of $2,261/mo is $299 (15%) above the US national median of $1,962/mo.

How does ZIP 92264 compare to other ZIPs in California?

ZIP 92264 is among the more affordable ZIP codes in California, ranking #725 out of 897 ZIPs at $2,261/mo.

How much income do you need to rent in ZIP 92264?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,261/mo in ZIP 92264. The local median household income is $77,688/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 92264?

Rent in ZIP 92264 has decreased 0.9% over the past year as of August 17, 2026, offering some relief compared to 12 months ago.

Is ZIP 92264 an affordable place to rent?

ZIP 92264 is considered moderate for renters. At $2,261/mo, rent takes approximately 35% of the local median household income ($77,688/yr). The standard benchmark is 30%. ZIP 92264 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 92264 residents rent vs. own?

According to Census data, approximately 31.2% of ZIP 92264 households are renters, while 68.8% are owner-occupied. ZIP 92264 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 92264 compare to the rest of Palm Springs?

ZIP 92264 is pricier than Palm Springs as a whole. At $2,261/mo, it's $192 above the Palm Springs citywide median of $2,069/mo.

When was rent data for ZIP 92264 last updated?

Rent data for ZIP 92264 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $2,261/mo, rent takes ~35% of ZIP 92264's median household income ($77,688/yr). The standard benchmark is 30%.

ZIP 92264 35%Benchmark 30%
State income tax1–13.3%
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