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Palm Springs, CA
Full City Profile · California · Riverside County County
3.0
/5.0
B
Good
44,998
Population
476/sq mi density
$71,979
Median Income
$64,811 per capita
$567,300
Home Value
$622,568 Zillow
$1,473
Median Rent
37.4% income on rent
75°F
Avg Temperature
330 sunny days/yr
547
Violent Crime/100K
4,025 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$71,979 median income, 4.1% unemployment
C
Affordability
2.2 / 5.0
$567,300 home value, $1,473/mo rent
F
Safety
1.0 / 5.0
547 violent crimes/100K (44% above avg)
A+
Education
4.6 / 5.0
45.1% bachelor's degree or higher
Housing Overview
Median Home Value
$567,300
101% above
US avg: $281,900
Median Rent
$1,473/mo
27% above
US avg: $1,163/mo
Homeownership Rate
65.0%
1% below US avg (65.4%)
Total Housing Units
36,702
Median year built: 1977
Home Value by Source
Census Median
$567,300
Zillow (ZHVI)
$622,568
Median Sale Price
$650,000
Median List Price
$748,888
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.0%
Owner-Occupied
35.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$1,473/mo
· Zillow rent:
$2,104/mo
Market Indicators (Redfin)
Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
139
Price Drops
26.2%
of listings with price reduction
Price Per Sq Ft
$398
Active Inventory
808
homes for sale
Affordability & Housing Stock
Rent Burden
37.4%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
65.0%
Complete Housing Data
Home Values
| Census Median Value | $567,300 |
| Zillow Home Value (ZHVI) | $622,568 |
| Median Sale Price | $650,000 |
| Median List Price | $748,888 |
| Price Per Sq Ft | $398 |
Rent
| Census Median Rent | $1,473 |
| Zillow Rent (ZORI) | $2,104 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 94 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.2% |
| Homes Sold | 139 |
| Active Inventory | 808 |
| Price Per Sq Ft | $398 |
Ownership & Stock
| Owner-Occupied | 65.0% |
| Renter-Occupied | 35.0% |
| Homeownership Rate | 65.0% |
| Total Housing Units | 36,702 |
| Median Year Built | 1977 |
| Rent Burden | 37.4% |