Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palm Springs area can be challenging. Home prices in Palm Springs are now at a median cost of $203,558, higher than the Apache Junction average of $184,619.
The average cost of rent is $1,061/mo in Palm Springs, primarily driven by the current value of real estate in the Palm Springs area. While nearly 53.02% of residents own their homes outright in Palm Springs, 43.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palm Springs is $4,140 per month. Households that rent pay about 25.63% of their income on rent here. Palm Springs's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Southeast Mesa, Mesa, AZ: higher priced homes
- Northeast, Mesa, AZ: higher priced homes
- Castlegate, San Tan Valley, AZ: higher priced homes
- Pecan Creek, San Tan Valley, AZ: higher priced homes
- Power Ranch, Gilbert, AZ: higher priced homes
- San Tan Ranch, Gilbert, AZ: higher priced homes
- Central Mesa, Mesa, AZ: higher priced homes
- Circle Cross Ranch, San Tan Valley, AZ: higher priced homes
- Heritage District, Gilbert, AZ: higher priced homes
- Woodridge Lakes, Mesa, AZ: higher priced homes
Neighborhoods with Similar Populations
- Menomonee River Hills East, Milwaukee, WI: less expensive homes
- Woodmere, Jacksonville, FL: equally priced homes
- Woodlawn Court, Hattiesburg, MS: less expensive homes
- Wester, Lubbock, TX: less expensive homes
- Upper Dimond, Oakland, CA: higher priced homes
- The Boulevards, Canton, OH: less expensive homes
- Sunset, Boise, ID: higher priced homes
- Suburban Acres, Norfolk, VA: higher priced homes
- South Park, Morgantown, WV: less expensive homes
- Scioto Trace, Columbus, OH: higher priced homes
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