Much like the surrounding areas, it is significantly more expensive compared to the country as a whole. Compared to the city of San Diego however, it's significantly less expensive.
Home prices
The median home value in Desert Palms is $371,500. It is approximately $5,000 (1%) lower in comparison to other places in this area.Compared to the country as a whole it is roughly $154,000 (70%) higher, and it is about $231,100 (38%) lower in comparison to the city of San Diego.
Rents
In Desert Palms the median monthly rent is $2,320. In comparison to other places in this area this is approximately $1,188 (104%) higher.It is approximately $1,258 (118%) higher compared to the rest of the nation, and compared to the city of San Diego is roughly $625 (36%) higher.
Nearby places
Bermuda Dunes
Bermuda Dunes is Desert Palms's neighbor to the south. The real estate prices there are a little less expensive. The median home value in Bermuda Dunes is $346,600, which works out to $24,900 (7%) lower than Desert Palms. Its rents are a lot less expensive. In Bermuda Dunes the median rent is $1,327 per month, which comes out to $993 (74%) lower than Desert Palms.
Thousand Palms
Thousand Palms is Desert Palms's neighbor to the northwest. Housing prices there are substantially less expensive. The median home in Thousand Palms costs $181,600, which works out to $189,900 (104%) lower than Desert Palms. Rent there is substantially less expensive. Thousand Palms's median rent is $1,143 per month, which is $1,177 (102%) lower than Desert Palms.
Indio
Indio is Desert Palms's neighbor to the southeast. Housing prices there are substantially less expensive. The median home in Indio costs $281,400, which comes out to $90,100 (32%) lower than Desert Palms. Rents there are significantly less expensive. The median monthly rent in Indio is $1,084, which is $1,236 (114%) lower than Desert Palms.
Palm Desert
Palm Desert is roughly 4 miles southwest from Desert Palms. The housing prices there are a bit less expensive. The value of the median home in Palm Desert is $350,400, which comes out to $21,100 (6%) lower than Desert Palms. The rent there is a lot less expensive. In Palm Desert the median rent is $1,319 a month, which comes out to $1,001 (75%) lower than Desert Palms.
Indian Wells
Indian Wells is approximately 6 miles southwest of Desert Palms. Its housing prices are significantly more expensive. The price of the median home in Indian Wells is $722,500, which works out to $351,000 (48%) higher than Desert Palms. Its rents are substantially less expensive. In Indian Wells the median rent is $788 a month, which comes out to $1,532 (194%) lower than Desert Palms.