Rancho Mirage, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Rancho Mirage short-term rental market based on reliable data.

Listings

99 / 543

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$17,084

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$837,624

Median Home Sale Price

Top Earners

$42,918

Top-Earners Revenue

Rancho Mirage

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Rancho Mirage.

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D

Unfriendly to Investors

Rancho Mirage Regulations

STRs are prohibited citywide with no legal pathway; the ban covers advertising and all forms of rentals under 27 days, with $5k–$10k fines, liens, injunctions, and active enforcement, making investment infeasible.

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About Rancho Mirage

Rancho Mirage is a small desert resort city in Riverside County, California, set in the heart of the Coachella Valley. With a population of roughly 17,000 residents, it carries a polished, residential character defined by manicured golf courses, mid-century architecture, and palm-lined streets. The city is widely known as a quiet, upscale neighbor within the greater Palm Springs area and has long been a favored retreat for entertainers, athletes, and political figures. It sits about a two-hour drive southeast of Los Angeles and roughly fifteen minutes southeast of downtown Palm Springs, making it a convenient base for travelers exploring the desert region.

At the heart of the city's identity is Sunnylands, the historic estate once owned by publishing magnate Walter Annenberg and his wife Leonore. The property, which welcomed presidents, royalty, and Hollywood figures for decades, is now open to the public through a visitor center and beautifully landscaped gardens that reflect the mid-century modern aesthetic of the original home. Located within Rancho Mirage itself, Sunnylands offers a distinctive cultural and historical experience just minutes from most short-term rentals in the area.

A short drive west brings visitors to one of the region's most dramatic natural attractions: the Palm Springs Aerial Tramway. Rising from the desert floor to the pine forests of Mt. San Jacinto, the tram offers rotating cabins and sweeping views of the Coachella Valley below. The roughly fifteen-minute drive from Rancho Mirage is itself a scenic transition, as the route climbs from resort country into the rugged San Jacinto Mountains. Visitors can hike, dine, or simply enjoy the cooler mountain air before returning to the desert warmth.

Further afield, Joshua Tree National Park lies about an hour's drive to the north, offering an entirely different landscape of twisted trees, massive rock formations, and starlit night skies. The park's two distinct desert ecosystems meet in a way that is unique within the National Park System, and its proximity to Rancho Mirage adds a compelling outdoor dimension to any desert getaway.

With its central Coachella Valley location, Rancho Mirage combines the calm of a planned resort community with easy access to Palm Springs dining and shopping, mountain adventures, and iconic desert wilderness. Its mild winter climate, strong leisure infrastructure, and proximity to marquee attractions make it a particularly appealing base for short-term rental owners seeking year-round demand from visitors drawn to the greater Palm Springs region.

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