What is the median rent in Palm Springs, FL?
The median gross rent in Palm Springs, FL is $1,669 (±$60) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 4,623 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Palm Springs, the median gross rent went from $1,186 in 2015–2019 to $1,669 in 2020–2024 (+40.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,669 (±$60)
- Rented homes
- 4,623 (±495)
- $2,000 or more
- 24.2%
- Since 2015–2019
- +40.7%
How much rent costs in Palm Springs
| Monthly gross rent | Palm Springs | Palm Beach County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.4% (±0.5 points) | 2.7% | 3.6% | 6.3% |
| $500 to $999 | 8.9% (±3.7 points) | 6.6% | 10.7% | 20.2% |
| $1,000 to $1,499 | 27.6% (±6.1 points) | 17.5% | 26.0% | 28.1% |
| $1,500 to $1,999 | 39.0% (±5.5 points) | 27.9% | 28.8% | 21.1% |
| $2,000 to $2,499 | 18.9% (±4.1 points) | 21.9% | 17.4% | 12.0% |
| $2,500 to $2,999 | 3.2% (±1.9 points) | 11.0% | 7.2% | 5.5% |
| $3,000 or more | 2.1% (±1.3 points) | 12.4% | 6.3% | 6.8% |
The most common range is $1,500 to $1,999, paid by 39.0% of renting households.
24.2% of rented homes in Palm Springs cost $2,000 or more a month.
Palm Springs against Palm Beach County, its state and the nation
| Palm Springs | Palm Beach County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,669 (±$60) | $1,916 (±$19) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 4,623 (±495) | 173,832 (±3,026) | 2,716,443 (±16,958) | 42,849,984 |
In Palm Springs, median gross rent is lower than in Palm Beach County ($1,916).
It is not measurably different from Florida ($1,669).
It is higher than the national figure ($1,413).
In Palm Beach County, Palm Springs ranks 37 of 51 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 350 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Palm Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,186 (±$34) | $1,669 (±$60) | +40.7% | Up after inflation |
| Households that rent | 55.5% (±4.2 points) | 51.7% (±4.6 points) | −3.8 percentage points | Not a measurable change |
| Rental vacancy rate | 3.3% (±2.3 points) | 5.6% (±2.8 points) | +2.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Palm Springs
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Palm Springs | — | $1,669 (±$60) | — |
| Kenwood Estates | 1.2 mi | $1,693 (±$343) | Not measurably different |
| Lake Clarke Shores | 1.6 mi | $1,427 (±$810) | Not measurably different |
| Pine Air | 1.7 mi | $1,569 (±$200) | Not measurably different |
| Greenacres | 2.5 mi | $1,756 (±$68) | Not measurably different |
| Atlantis | 2.7 mi | $1,784 (±$338) | Not measurably different |
| Lake Worth Beach | 2.7 mi | $1,545 (±$76) | Lower |
| Glen Ridge | 2.8 mi | $2,188 (±$883) | Not measurably different |
| Cloud Lake | 3.2 mi | $1,591 (±$344) | Not measurably different |
Nearby places with a measurably lower figure: Lake Worth Beach, FL ($1,545).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Palm Beach County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 31 | Royal Palm Estates | $1,736 (±$570) |
| 32 | Haverhill | $1,734 (±$409) |
| 33 | Mangonia Park | $1,723 (±$62) |
| 34 | The Acreage | $1,710 (±$1,649) |
| 35 | Riviera Beach | $1,702 (±$106) |
| 36 | Kenwood Estates | $1,693 (±$343) |
| 37 | Palm Springs | $1,669 (±$60) |
| 38 | Lake Park | $1,600 (±$225) |
| 39 | San Castle | $1,596 (±$526) |
| 40 | Cloud Lake | $1,591 (±$344) |
| 41 | Pine Air | $1,569 (±$200) |
| 42 | Lake Worth Beach | $1,545 (±$76) |
| 43 | Juno Ridge | $1,441 (±$163) |
Showing 13 of 51 places in Palm Beach County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palm Springs
What is the average rent in Palm Springs, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Palm Springs is $1,669 (±$60) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Palm Springs?
In Palm Springs, the median gross rent went from $1,186 in 2015–2019 to $1,669 in 2020–2024 (+40.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Palm Springs cost more than $2,000 a month?
24.2% of rented homes in Palm Springs have a gross rent of $2,000 or more a month, and 0.4% cost less than $500.
Is rent in Palm Springs higher than in Palm Beach County?
In Palm Springs, median gross rent is lower than in Palm Beach County ($1,916).
It is not measurably different from Florida ($1,669).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Springs village, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palm Springs village, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palm Springs village, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palm Springs village, Florida (place:54450, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Types of homes in Palm Springs
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- Vacancy rate in Palm Springs
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- Commute and cars in Palm Springs
- Population growth in Palm Springs
- How long people stay in Palm Springs
- Crowding and facilities in Palm Springs
- Fair Market Rent in Palm Springs
- Florida landlord and tenant rules
- Housing across Palm Beach County
- Florida places ranked by median rent
- Housing data for every place in Florida