No rentals found in Downtown
Downtown is a popular neighborhood in Palm Springs, CA for renters. Browse available rentals to find your next home in this neighborhood.
Palm Springs Rental Market
Median Rent
$4,995/mo
↑ 66.5% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
1.0 months of supply
Landlord's MarketWith only 210 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~191 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market—renters have strong leverage to negotiate rent, terms, and move-in specials. Leasing 87% faster than 6 months ago.
Rental Inventory Distribution
Rentals are leasing at a healthy pace—more listings move within 30 days than sit longer on the market.
Most rentals are leasing within a month, but a meaningful share is starting to linger longer.
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $4,063.75/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 4 → 5 bedrooms (+$9,681/mo)
Rent Reductions
62 listings have reduced their rent
30% of active listings
Average reduction: 19.2% (~$730/mo)
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