US5.com
  1. Home
  2. States
  3. California
  4. ZIP 92262
  5. Housing & Real Estate
Palm Springs city, CA

ZIP 92262 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 92262

Median Home Value
$600,600
Median Rent
$1,243
Affordability Snapshot
$165,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,858/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

40.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 92262 in Palm Springs city, CA, a household would need roughly $165,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,858. That is about 134% above the local median household income ($70,514), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 34% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
63.0%-4% vs US avg
x
Vacancy Rate
33.7%+228% vs US avg
x
Broadband Access
88.8%+2% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
2.5%-81% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
37.1%-25% vs US avg
x
Mortgage-Free
43.5%+14% vs US avg
x
$600,600
Home Value
$1,243
Rent
1981
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached47.6%
  • 1-unit attached10.2%
  • 2-9 units20.1%
  • 10+ units20.3%
  • Mobile home & other1.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$600,600
Median rent$1,243
Owner-occupied63.0%
Vacant33.7%
Price-to-income8.5x
Est. income to buy$165,000