Home prices
The median home cost in Palm Springs is $148,800. In comparison to its surrounding areas it is about $75,660 (33%) lower.It is about $68,700 (31%) lower compared to the US as a whole, and is roughly $168,900 (53%) lower compared to the city of Miami.
Rents
In Palm Springs the median monthly rent is $1,186. In comparison to the surrounding areas this is roughly $128 (9%) lower.It is about $124 (11%) higher in comparison to the rest of the nation, and it is is very similar compared to the city of Miami.
Nearby places
Kenwood Estates
Kenwood Estates is Palm Springs's neighbor to the southwest. The real estate prices there are a bit more expensive. The value of the median home in Kenwood Estates is $188,200, which comes out to $39,400 (20%) higher than Palm Springs. The rent there is a bit less expensive. The median monthly rent in Kenwood Estates is $1,122, which is $64 (5%) lower than Palm Springs.
Pine Air
Pine Air is Palm Springs's neighbor to the north. The housing prices there are a bit more expensive. The value of the median home in Pine Air is $189,500, which comes out to $40,700 (21%) higher than Palm Springs. Rent there is fairly similar. The median rent in Pine Air is $1,144 per month, which works out to $42 (3%) lower than Palm Springs.
Greenacres
Greenacres is Palm Springs's neighbor to the west. Its housing prices are a bit more expensive. The cost of the median home in Greenacres is $162,600, which is $13,800 (8%) higher than Palm Springs. Rent there is a bit more expensive. In Greenacres the median monthly rent is $1,338, which comes out to $152 (11%) higher than Palm Springs.
Lake Worth
Lake Worth is Palm Springs's neighbor to the southeast. Its housing prices are somewhat more expensive. The value of the median home in Lake Worth is $194,300, which is $45,500 (23%) higher than Palm Springs. Rents there are a bit less expensive. In Lake Worth the median rent is $1,126 a month, which comes out to $60 (5%) lower than Palm Springs.
Atlantis
Atlantis is Palm Springs's neighbor to the south. The real estate prices there are substantially more expensive. The cost of the median home in Atlantis is $387,700, which is $238,900 (61%) higher than Palm Springs. The rent there is significantly more expensive. In Atlantis the median monthly rent is $1,841, which works out to $655 (35%) higher than Palm Springs.