Home prices
The median home in Thousand Palms costs $181,600. This is about $148,480 (44%) lower compared to its nearby areas.It is about $35,900 (16%) lower in comparison to the entire country, and in comparison to the city of San Diego it is about $421,000 (69%) lower.
Rents
Thousand Palms's median monthly rent is $1,143. Compared to nearby areas it is about $241 (17%) lower.It is approximately $81 (7%) higher compared to the United States as a whole, and it is roughly $552 (32%) lower in comparison to the city of San Diego.
Nearby places
Desert Palms
Desert Palms is Thousand Palms's neighbor to the southeast. The real estate prices there are substantially more expensive. Desert Palms's median home price is $371,500, which comes out to $189,900 (51%) higher than Thousand Palms. Its rents are substantially more expensive. Desert Palms's median rent is $2,320 per month, which is $1,177 (50%) higher than Thousand Palms.
Rancho Mirage
Rancho Mirage is Thousand Palms's neighbor to the southwest. The real estate prices there are a lot more expensive. The price of the median home in Rancho Mirage is $498,700, which comes out to $317,100 (63%) higher than Thousand Palms. Its rents are pretty similar. In Rancho Mirage the median monthly rent is $1,191, which comes out to $48 (4%) higher than Thousand Palms.
Sky Valley
Sky Valley is Thousand Palms's neighbor to the north. Its housing prices are a little less expensive. The median home in Sky Valley is valued at $150,300, which is $31,300 (20%) lower than Thousand Palms. Rent there is a bit less expensive. In Sky Valley the median rent is $897 per month, which works out to $246 (27%) lower than Thousand Palms.
Palm Desert
Palm Desert is Thousand Palms's neighbor to the south. Its housing prices are a lot more expensive. The median home in Palm Desert is valued at $350,400, which comes out to $168,800 (48%) higher than Thousand Palms. The rent there is a bit more expensive. The median rent in Palm Desert is $1,319 a month, which is $176 (13%) higher than Thousand Palms.
Cathedral City
Cathedral City is Thousand Palms's neighbor to the west. The real estate prices there are substantially more expensive. The value of the median home in Cathedral City is $279,500, which comes out to $97,900 (35%) higher than Thousand Palms. Rents there are pretty similar. Cathedral City's median monthly rent is $1,193, which comes out to $50 (4%) higher than Thousand Palms.