Palm Springs / Cathedral City, CA
June 2026
92234,92262,92264
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,600 – $1,768 | 1.09% | 1.59% |
| 2-Bedroom | $1,905 – $2,105 | -0.77% | -0.34% |
| 3-Bedroom | $2,464 – $2,696 | 2.55% | 0.44% |
| 4-Bedroom | $3,768 – $4,041 | -1.09% | 1.71% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,741 – $1,856 | 5.90% | 3.76% |
| 2-Bedroom | $2,041 – $2,242 | 0.67% | -4.69% |
| 3-Bedroom | $2,514 – $2,707 | -1.28% | -5.02% |
| 4-Bedroom | $4,046 – $4,400 | 1.44% | 3.68% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,743 – $1,869 | 5.76% | -7.82% |
| 2-Bedroom | $2,173 – $2,402 | -3.26% | -12.39% |
| 3-Bedroom | $3,235 – $3,540 | -1.91% | 1.23% |
| 4-Bedroom | $3,567 – $3,942 | -3.01% | 0.63% |
In the Palm Springs / Cathedral City (92234, 92262, 92264) rental market, 4-bedroom single-family homes experienced a significant monthly gain, up 8.92% to $3,957 in May 2026. This was the strongest month-over-month increase across all tracked segments for larger residences.
Among properties in Palm Springs / Cathedral City (92234, 92262, 92264), 2-bedroom condos dropped 3.64% month-over-month to a median of $2,142. In contrast, 2-bedroom apartments inched up 0.07% to $2,021, putting condos $121 above apartments despite the sharper monthly decrease.
Annual figures for Palm Springs / Cathedral City (92234, 92262, 92264) rental trends reveal 3-bedroom condos declined 2.99% year-over-year, now sitting at $2,655. Meanwhile, 3-bedroom apartments saw a smaller decrease of 1.49% YoY, landing at $2,581, illustrating contrasting rates of decline between segments.