Airbnb Market Analytics & Investment Insights
Annual Revenue
$69,484
Based on 3942 full time Airbnb rentals
Average Daily Rate
$512
Gross Yield
10.89%
#53 in the USOccupancy Rate
49%
As of June 2025, Homes in Palm Springs have depreciated by -1.86%, with the median home value standing at $640,085, according to Zillow.
There are currently 3,942 active short-term rentals in Palm Springs. The average daily rate for these rentals is $512. This translates to an annual revenue of $69,484 for short-term rentals as of June 2025.
Palm Springs is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$512
Occupancy Rate Trend
49%
Let our agents guide you to the best short-term rental investments in Palm Springs, CA
Active Short-Term Rentals
3942
As of June 2025, the average gross yield for short-term rentals in Palm Springs is 10.89%. However, potential investors should also consider the average property tax, which stands at 0.94% according to SmartAsset.
The median household income in Palm Springs is $58,231.
As of June 2025, the occupancy rate for Airbnb rentals in Palm Springs is 49%, which is lower than the average occupancy rate for the United States.
As of June 2025 The unemployment rate in Palm Springs is 5.6%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in Palm Springs include a Cleaning before checkout, Garden or backyard, and Piano.
Palm Springs is a popular destination for travelers, with Airbnb demand coming from cities like Los Angeles, CA (16.86% of all guests), San Francisco, CA (4.68% of all guests), and San Diego, CA (4.65% of all guests).
The top short-term rental hosts in Palm Springs include Vacasa California, Acme and Michael. These hosts have an average rating of 4.56, 4.89 and 4.96 respectively.
The most popular property types in Palm Springs are 2-bedroom units, with an average daily rate of $512 and an annual revenue of $75,774.
The average booking lead time for short-term rentals in Palm Springs is 78 days.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 62 | 55% | $252 | $50,129 |
| 1 Bedroom | 682 | 61% | $351 | $78,150 |
| 2 Bedroom | 950 | 60% | $346 | $75,774 |
| 3 Bedroom | 2134 | 55% | $385 | $77,289 |
| 4 Bedroom | 1201 | 56% | $513 | $104,857 |
| 5 Bedroom | 416 | 54% | $599 | $118,063 |
Connect with a lender specializing in short-term rentals in Palm Springs