Desert Hot Springs, California Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Desert Hot Springs, California rental market.
Desert Hot Springs, California
Average Apartment Rent
$1,153
Y-o-Y Change in Average
Apartment Rent
9.1%
As of July 2024
Compared to a year ago, Desert Hot Springs, California apartments have recorded a 9.1% rent increase.
Desert Hot Springs, California |Average apartment rent trend
Desert Hot Springs, California| Average apartment rent
Desert Hot Springs, California | Apartment rent ranges
At 45.41%, apartments priced $1,000 - $1,500 represent the bulk of Desert Hot Springs, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 10.92%.
Desert Hot Springs, California | Housing tenure**
Renters take up 53% of Desert Hot Springs, California real estate, occupying a total of 6,191 units, while homeowners live in 5,481 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$34,972
Average household size of renter-occupied housing units**
2.67
Rental vacancy rate**
2.6%
Desert Hot Springs, California | Renter-occupied housing units by no. of bedrooms**
There are 2,175 rentals in Desert Hot Springs, California with 3 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 119 units. Overall, the median number of rooms in Desert Hot Springs, California homes for rent is 4.2.
Desert Hot Springs, California |Renter-occupied units by age of householder**
Most condos for rent in Desert Hot Springs, California are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Desert Hot Springs, California | Renter-occupied housing units by family type**
Desert Hot Springs, California | Renter-occupied housing units by the presence of own children**
A total of 3,681 apartments for rent in Desert Hot Springs, California, or 59% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 2,180 units. All in all, the median size of a renter-occupied household in Desert Hot Springs, California is 2.67.
Desert Hot Springs, California | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Desert Hot Springs, California.
Desert Hot Springs, California | Renter-occupied units by year structure built**
The highest share of Desert Hot Springs, California apartment rentals, namely 21% or 1,278 units, were Built 2000 - 2009, followed by those Built 1980 - 1989 (20%, 1,255 units), and the ones Built 1970 - 1979 (16%, 984 units).
Desert Hot Springs, California | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most Desert Hot Springs, California renters (56%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Desert Hot Springs, California condos for rent is 2015.
Desert Hot Springs, California | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Desert Hot Springs, California renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 12% have 3 vehicles available.
Desert Hot Springs, California | Means of transportation to work of householders living in renter-occupied housing units**
Desert Hot Springs, California |Geographical mobility in the past year for householders living in renter-occupied housing units**
Desert Hot Springs, California | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Desert Hot Springs, California apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
