The Most Affordable Neighborhoods in Palm Desert, CA by Home Value

 

Palm Desert, CA Map of Most Affordable Neighborhoods
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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 $490,419, lower than the California average of $648,235.

The average cost of rent is $1,768/mo in Palm Desert, primarily driven by the current value of real estate in the Palm Desert area. While nearly 41.25% of residents own their homes outright in Palm Desert, 31.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Palm Desert is $7,016 per month. Households that rent pay about 25.19% of their income on rent here. Palm Desert's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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