Expensive
Affordable
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These days, finding an affordable place to live in the Thousand Palms area can be challenging. Home prices in Thousand Palms are now at a median cost of $322,024, lower than the California average of $812,006.
The average cost of rent is $1,746/mo in Thousand Palms, primarily driven by the current value of real estate in the Thousand Palms area. In Thousand Palms, 25.13% of households rent, and 38.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thousand Palms is $5,842 per month. Households that rent pay about 29.88% of their income on rent here. Thousand Palms’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rancho Mirage, CA: higher priced homes
- Cathedral City, CA: higher priced homes
- Palm Desert, CA: higher priced homes
- Desert Palms, CA: higher priced homes
- Sky Valley, CA: less expensive homes
- Indian Wells, CA: higher priced homes
- Desert Edge, CA: less expensive homes
- Palm Springs, CA: higher priced homes
- Garnet, CA: equally priced homes
- Indio, CA: higher priced homes
Cities with Similar Populations
- Rusk, TX: less expensive homes
- Lake Hallie, WI: less expensive homes
- Lake Mills, WI: equally priced homes
- Lake of the Woods, VA: higher priced homes
- Lakeview, NY: less expensive homes
- Lauderdale-by-the-Sea, FL: higher priced homes
- Lawton, MI: less expensive homes
- Lebanon, IL: less expensive homes
- Lebanon, NJ: higher priced homes
- Longboat Key, FL: higher priced homes
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