7 rentals in Thermal
Thermal is an unincorporated community in the Coachella Valley known for date farms and polo grounds. Features agricultural heritage and desert landscape.
Today, Thermal has 46 homes for sale at a median price of $315,000, typically selling in about 60 days.
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Median Rent
$1,500/mo
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
3.5 months of supply
Balanced Market7 active rentals currently on the market.
What this means for renters
Rentals are leasing at a steady pace—renters have time to decide, but good units still move. Rentals typically lease in ~46 days.
Rental Velocity
How fast rentals are leasing
Rentals are taking longer to lease—renters have more time to compare options and negotiate.
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 rises with each additional bedroom, with notable jumps for larger units.
Each additional bedroom adds about $656.5/mo to rent on average.
Rent Reductions
5 listings have reduced their rent
71% of active listings
Average reduction: 5.5% (~$100/mo)
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