Home prices
The median home in Palm Desert costs $350,400. Compared to its surrounding areas it is about $73,780 (17%) lower.It is about $132,900 (61%) higher in comparison to the United States as a whole, and it is about $252,200 (41%) lower in comparison to the city of San Diego.
Rents
Palm Desert's median monthly rent is $1,319. This is about $35 (2%) lower in comparison to its nearby areas.Compared to the country as a whole it is about $257 (24%) higher, and is roughly $376 (22%) lower compared to the city of San Diego.
Nearby places
Indian Wells
Indian Wells is Palm Desert's neighbor to the southeast. Real estate prices there are a lot more expensive. Indian Wells's median home cost is $722,500, which comes out to $372,100 (51%) higher than Palm Desert. The rent there is substantially less expensive. In Indian Wells the median monthly rent is $788, which works out to $531 (67%) lower than Palm Desert.
Rancho Mirage
Rancho Mirage is Palm Desert's neighbor to the northwest. The real estate prices there are a bit more expensive. The median home in Rancho Mirage is valued at $498,700, which is $148,300 (29%) higher than Palm Desert. Rents there are a bit less expensive. In Rancho Mirage the median monthly rent is $1,191, which comes out to $128 (10%) lower than Palm Desert.
Bermuda Dunes
Bermuda Dunes is Palm Desert's neighbor to the east. Its housing prices are pretty similar. The median home in Bermuda Dunes is valued at $346,600, which comes out to $3,800 (1%) lower than Palm Desert. Rent there is similar. The median rent in Bermuda Dunes is $1,327 a month, which is very similar to Palm Desert.
Thousand Palms
Thousand Palms is Palm Desert's neighbor to the north. Its housing prices are a lot less expensive. The median home price in Thousand Palms is $181,600, which comes out to $168,800 (92%) lower than Palm Desert. Its rents are a little less expensive. In Thousand Palms the median monthly rent is $1,143, which works out to $176 (15%) lower than Palm Desert.
Desert Palms
Desert Palms is roughly 4 miles northeast from Palm Desert. Real estate prices there are a bit more expensive. The median home value in Desert Palms is $371,500, which works out to $21,100 (5%) higher than Palm Desert. Rents there are a lot more expensive. Desert Palms's median monthly rent is $2,320, which works out to $1,001 (43%) higher than Palm Desert.