Palm Springs, California is a part of the Palm Springs/Palm Desert submarket area, and contains 3 zip codes: 92264, 92262, and 92263.
The 2019 average effective rent for Class A, B, and C apartments in the Palm Springs, CA submarket area was $1,165, which is 19.86% lower than 2014 average rent. This represents a compounded annual growth rate of 3.69%. 2019 vacancy in Palm Springs, CA was 2.50%.
The total population of the city of Palm Springs, CA has grown 8.58% since 2010. As of 2018, the population was 48,375. The median household income of the Palm Springs was $50,361, which is 16.47% lower than the national average.