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Studio Apartments for Rent in Palm Springs, CA

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  • /38

    Starting at $1,545 Per Month

    • Studio - 2 Beds

    449 E Arenas Rd, Palm Springs, CA 92262

    *Floor plan prices listed are market base rents with no additional fees included. For a better understanding of a total monthly rent and possible additional fees, please ask office personnel for further details.*Remodeled Studios, One bedroom Loft Townhouse & Two Bedroom Townhouse!At Latitude33, you will have access to:Fully Equipped Kitchen with Energy Efficient

    Latitude 33

    449 E Arenas Rd, Palm Springs, CA 92262
  • /50

    Starting at $1,550 Per Month

    • Studio - 2 Beds

    311 S Sunrise Way, Palm Springs, CA 92262

    The Modern Cactus stands out with spacious living surrounded by lush landscaping and top-notch construction. This community offers a home to be proud of, featuring walk-in closets, central heat and air, dishwashers, ceiling fans, energy-efficient appliances, and more! Enjoy a sparkling pool, relaxing Jacuzzi, state-of-the-art fitness center, and convenient laundry facilities, with furnished units

    The Modern Cactus

    311 S Sunrise Way, Palm Springs, CA 92262
  • /32

    $1,979 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Palm Springs - Airport

    1400 E Tahquitz Canyon Way, Palm Springs, CA 92262

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Palm Springs - Airport

    1400 E Tahquitz Canyon Way, Palm Springs, CA 92262
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    Starting at $1,450 Per Month

    • Studio - 2 Beds

    2925 E Escoba Dr, Palm Springs, CA 92264

    1 MO FREE RENT! All new tenants will receive second month of rent for free with a 13 Month Lease.Our peaceful community is centrally located in the beautiful South Palm Springs area, only minutes away from various shopping, dining and entertainment on Downtown Palm Springs. We are 5 minutes away from major stores like Jensen's, Trader Joe's, Von's Ralph's, Walgreens, Marshall and TJ Maxx,

    San Jacinto Village Apartments

    2925 E Escoba Dr, Palm Springs, CA 92264
  • /20

    $1,295 Per Month

    • Studio
    • 1 Bath
    • 305 Sq Ft
    • Condo for Rent

    3853 Mira Arena, Palm Springs, CA 92262

    Experience prime desert living in this pristine, attached 305 sq ft guesthouse located within the highly desirable, gated Mountain Gate community of North Palm Springs. Perfectly positioned just minutes from the iconic Palm Springs Aerial Tramway and vibrant Downtown Palm Springs, this immaculate space offers the perfect balance of peaceful neighborhood security and urban convenience.This

    3853 Mira Arena, Palm Springs, CA 92262
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    $1,499 Per Month

    • Studio
    • 1 Bath
    • 546 Sq Ft
    • AVAILABLE NOW!! Studio - 1 Bathroom Condo near Downtown Palm Springs!

    277 E Alejo Rd Unit 125, Palm Springs, CA 92262

    AVAILABLE NOW!! Studio - 1 Bathroom Condo near Downtown Palm Springs!Discover this charming studio apartment nestled within the Villa Alejo Condominiums. Featuring plenty of built in storage space, a beautiful marble tile in both the kitchen and bathroom as well as vinyl flooring throughout for easy upkeep. As part of the community, you will have access to amenities including a

    277 E Alejo Rd Unit 125, Palm Springs, CA 92262

Why Live in Palm Springs

Palm Springs captivates residents with its stunning desert landscape and year-round outdoor recreation. The Palm Springs Aerial Tramway carries adventurers from the desert floor to the San Jacinto Mountains, while hiking trails through Indian Canyons reveal the ancestral home of the Agua Caliente Band of Cahuilla Indians. The city's cultural scene thrives with the Palm Springs Art Museum's focus on mid-century modern design and the Palm Springs Air Museum's collection of vintage aircraft. Every Thursday evening, downtown comes alive during VillageFest street fair. Residents enjoy easy access to Joshua Tree National Park and the Coachella Valley Preserve's hidden oases.

The Palm Springs housing market features diverse options across distinct neighborhoods. The median sale price in Palm Springs is $639,000. Single family homes command a median price of $1,050,000, with luxury properties in Old Las Palmas reaching a median of $3,750,000. The Movie Colony and Vista Las Palmas neighborhoods see median single family home prices of $2,650,000 and $2,575,000 respectively. More attainable options exist in condominiums, with one bedroom units at a median price of $272,000 and two bedroom units at $455,000.

The cost of living sits 20.5% above the national average. A family with school age children needs approximately $127,000 annually to live comfortably, while renters should aim for $62,000. Property taxes remain consistent across Riverside County at 0.82%. The city has strong educational options, including Palm Springs High School which earned an A minus rating from Niche. The desert climate brings mild winters between 40 to 70°F and very hot summers exceeding 100°F, with about 350 sunny days annually.

Frequently Asked Questions

How much does it cost to rent a home in Palm Springs, CA?
The median rent for a home in Palm Springs, CA is $3,450 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Palm Springs, CA?
To comfortably afford the median rent in Palm Springs, CA, a household needs to earn roughly $138,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,450 per month in Palm Springs, CA, renters typically need to show $10,350 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Palm Springs, CA?
In Palm Springs, CA, the price-to-rent ratio is 15.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$3,450
Median Single Family Home Rent
$3,995
Median Townhouse Rent
$2,600
Median Condo Rent
$2,200
How to Rent a Home