Palm Desert, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Palm Desert short-term rental market based on reliable data.

Listings

927 / 3186

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$26,106

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$549,226

Median Home Sale Price

Top Earners

$57,680

Top-Earners Revenue

Palm Desert

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Palm Desert.

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C

Challenging to Investors

Palm Desert Regulations

STRs are legal but constrained by strict zoning (R1/R2 only on‑site owner), HOA approval requirements in planned residential areas, 27‑day minimum stay, two permits (STR + TOT), a 12% tax, and active enforcement. This makes compliance manageable but material enough to deter many investors.

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About Palm Desert

Palm Desert, CA: A Desirable Destination for Short-Term Rentals

Overview of the City: Palm Desert is a vibrant city in Riverside County, California. Known for its warm climate, luxurious resorts, and picturesque desert landscape, Palm Desert is a popular destination for tourists seeking a relaxing getaway. The city boasts a variety of recreational activities, shopping, dining, and cultural experiences, making it an attractive location for both visitors and short-term rental investors.

Population: As of recent estimates, Palm Desert has a population of approximately 53,000 residents. The city offers a blend of residential communities, upscale living, and tourist accommodations, catering to a diverse range of preferences and lifestyles.

Proximity to Major City: Palm Desert is located approximately 14 miles east of Palm Springs, a well-known resort city. It is also about 120 miles east of Los Angeles, making it a convenient retreat for those seeking an escape from the hustle and bustle of a major metropolitan area.

Landmarks and Attractions:

  1. El Paseo Shopping District: Often referred to as the “Rodeo Drive of the Desert,” El Paseo is a premier shopping destination featuring high-end boutiques, art galleries, and fine dining. It's a popular spot for tourists looking to indulge in luxury retail experiences. El Paseo Shopping District

  2. Living Desert Zoo and Gardens: This unique attraction combines a zoo and botanical garden, showcasing desert wildlife and plant species from around the world. The Living Desert is a perfect destination for families and nature enthusiasts. Living Desert Zoo and Gardens

  3. McCallum Theatre: A cultural hub in the Coachella Valley, McCallum Theatre hosts a variety of performances, including concerts, plays, and dance performances. It's a highlight for visitors interested in the performing arts. McCallum Theatre

  4. Indian Wells Tennis Garden: Just a short drive from Palm Desert, this world-class tennis facility hosts the annual BNP Paribas Open, attracting tennis fans from around the globe. Indian Wells Tennis Garden

  5. Palm Desert Aquatic Center: This family-friendly aquatic center offers swimming pools, water slides, and recreational activities, providing fun for all ages. Palm Desert Aquatic Center

Summary: With its sunny weather, luxury amenities, and a plethora of attractions, Palm Desert stands out as a prime location for short-term rentals. Its close proximity to Palm Springs and reasonable distance from Los Angeles make it accessible yet distinct. The city's diverse range of activities, from shopping and dining on El Paseo to exploring the Living Desert Zoo and Gardens, ensures that visitors have plenty to see and do. The appeal of Palm Desert for short-term rentals lies in its ability to offer a luxurious, yet welcoming retreat in the heart of the California desert.

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