4 rentals in Thousand Palms

Thousand Palms is a census-designated place (CDP) in the Coachella Valley of Riverside County, California, United States. The population was 7,967 at the 2020 census, up from 7,715 at the 2010 census.
Thousand Palms is a desert community known for Coachella Valley Preserve. Features palm oasis, affordable housing, and desert beauty.
Today, Thousand Palms has 4 homes for rent at a median rent of $2,250/mo, typically leasing in about 41 days.
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Median Rent
$2,900/mo
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
2.0 months of supply
Landlord's MarketWith only 4 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 ~41 days.
Rental Velocity
How fast rentals are leasing
Rentals are leasing at a steady pace—you have some time to decide, but good units still move.
Approaching the point where renters gain more negotiating power.
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.
Housing Tenure in Thousand Palms
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
79%
Homeowners
21%
Renters
Homeownership is 23.5% higher than the California average (55.5%)
2,700 households (2023)
Median Rent by Bedroom
Rent increases with bedroom count, with moderate premiums for additional space.
Each additional bedroom adds about $575/mo to rent on average.
Rent Reductions
3 listings have reduced their rent
75% of active listings
Average reduction: 6.3% (~$142/mo)
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