Home prices
The median home in Cathedral City costs $279,500. Compared to other places in this area this is about $21,080 (8%) higher.It is approximately $62,000 (28%) higher in comparison to the country as a whole, and it is about $323,100 (53%) lower in comparison to the city of San Diego.
Rents
The median rent in Cathedral City is $1,193 per month. This is approximately $100 (9%) higher in comparison to its nearby areas.Compared to the nation as a whole it is roughly $131 (12%) higher, and in comparison to the city of San Diego is roughly $502 (29%) lower.
Nearby places
Palm Springs
Palm Springs is Cathedral City's neighbor to the southwest. Its real estate prices are a little more expensive. The median home in Palm Springs is valued at $389,800, which works out to $110,300 (28%) higher than Cathedral City. Its rents are a bit less expensive. Palm Springs's median rent is $1,114 per month, which is $79 (7%) lower than Cathedral City.
Rancho Mirage
Rancho Mirage is Cathedral City's neighbor to the south. Its housing prices are a lot more expensive. The median home in Rancho Mirage is valued at $498,700, which works out to $219,200 (43%) higher than Cathedral City. Its rents are similar. In Rancho Mirage the median rent is $1,191 per month, which is very similar to Cathedral City.
Thousand Palms
Thousand Palms is Cathedral City's neighbor to the east. Its real estate prices are significantly less expensive. Thousand Palms's median home price is $181,600, which works out to $97,900 (53%) lower than Cathedral City. Rents there are pretty similar. The median monthly rent in Thousand Palms is $1,143, which comes out to $50 (4%) lower than Cathedral City.
Garnet
Garnet is Cathedral City's neighbor to the north. Its housing prices are significantly less expensive. The median home in Garnet costs $180,900, which is $98,600 (54%) lower than Cathedral City. The rent there is a bit more expensive. Garnet's median rent is $1,315 a month, which is $122 (9%) higher than Cathedral City.
Desert Edge
Desert Edge is roughly 6 miles north from Cathedral City. Its housing prices are a lot less expensive. The price of the median home in Desert Edge is $41,100, which works out to $238,400 (580%) lower than Cathedral City. Rent there is substantially less expensive. The median rent in Desert Edge is $700 per month, which works out to $493 (70%) lower than Cathedral City.
