Palm Springs / Cathedral City, CA
August 2026
92234,92262,92264
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,552 – $1,715 | -1.96% | -0.07% |
| 2-Bedroom | $1,972 – $2,179 | 4.22% | 4.17% |
| 3-Bedroom | $2,421 – $2,649 | -4.05% | -2.70% |
| 4-Bedroom | $3,796 – $4,072 | -0.14% | -0.69% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,622 – $1,705 | -3.39% | 1.48% |
| 2-Bedroom | $2,112 – $2,252 | 3.18% | -3.30% |
| 3-Bedroom | $2,455 – $2,660 | -3.17% | -6.07% |
| 4-Bedroom | $4,139 – $4,439 | 1.96% | 2.08% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,642 – $1,778 | -1.20% | -14.66% |
| 2-Bedroom | $2,268 – $2,507 | 3.38% | -9.09% |
| 3-Bedroom | $3,284 – $3,644 | 1.92% | 3.67% |
| 4-Bedroom | $3,724 – $4,116 | 8.71% | 2.69% |
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.