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These days, finding an affordable place to live in the Palm Desert area can be challenging. Home prices in Palm Desert are now at a median cost of $579,057, lower than the California average of $812,006.
The average cost of rent is $1,910/mo in Palm Desert, primarily driven by the current value of real estate in the Palm Desert area. In Palm Desert, 35.05% of households rent, and 44.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palm Desert is $7,576 per month. Households that rent pay about 25.21% of their income on rent here. Palm Desert’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indian Wells, CA: higher priced homes
- Rancho Mirage, CA: higher priced homes
- Desert Palms, CA: equally priced homes
- Thousand Palms, CA: less expensive homes
- La Quinta, CA: higher priced homes
- Indio, CA: less expensive homes
- Cathedral City, CA: less expensive homes
- Valerie, CA: higher priced homes
- Coachella, CA: less expensive homes
- Vista Santa Rosa, CA: equally priced homes
Cities with Similar Populations
- Bluffton, SC: less expensive homes
- Campbell, CA: higher priced homes
- Davis, CA: higher priced homes
- Edina, MN: higher priced homes
- Encinitas, CA: higher priced homes
- Opa-Locka, FL: less expensive homes
- Morristown, TN: less expensive homes
- Portage, MI: less expensive homes
- Poway, CA: higher priced homes
- Princeton, FL: less expensive homes
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