Real Estate Investing in Palm Desert, California (92211)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92211 (Palm Desert, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 34.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Palm Desert, CA (92211)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92211 Palm Desert
Not every below-median market is a bargain. Palm Desert's 92211 ZIP comes in at signals that favor experienced operators who can absorb the risk $525K pricing implies.
The 92211 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 92211 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 92211 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 92211 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Palm Desert:
Property Strategy for 92211
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $306,249 | $1,880 | 4.4% | +9.1% | $306,249 |
| 2BR | $446,316 | $2,330 | 3.8% | +7.0% | $223,158 |
| 3BR | $606,610 | $3,080 | 3.7% | +6.8% | $202,203 |
| 4BR | $785,037 | $3,720 | 3.4% | +7.7% | $196,259 |
| 5BR | $912,647 | — | — | +8.1% | $182,529 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92211 Compare?
| Metric | 92211 | Palm Desert | Riverside-San Bernardino-Ontario, CA | California |
|---|---|---|---|---|
| Home Value | $524,819 | $551,636 | N/A | $761,003 |
| 5-Year CAGR | 3.1% | 3.3% | N/A | 5.7% |
| Avg Rent | $2,818 | $2,634 | N/A | - |
| Cap Rate | 4.2% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92211 (Palm Desert, CA). Anonymous, moderated, never written by AI.
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Property managers serving Riverside County
Manage rentals here? List your business →33 Property Management offers residential and multi-family property management services in North County San Diego and Riverside, CA. summary from their website
Albert Association Management provides HOA and community association management services in Palm Desert. summary from their website
All County Desert offers full-service residential property management in Palm Desert and Coachella Valley, focusing exclusively on maximizing property investment returns. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $524,819 |
| Monthly Rent | $2,818 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | -1.9% ▼ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92211
Population: 27,375
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 92211
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,803 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is tenant demand in Palm Desert, CA?
Palm Desert, CA draws a steady base of working renters. Demand at the $2,818/mo rent level is reasonable for standard single-family and small multi rentals.
Is Palm Desert, CA a good market for buy-and-hold investors?
Investors tracking Palm Desert, CA will find a 3.0/5 rating supported by $525K median home values and $2,818/mo rents. That profile suits long-term holders targeting consistent returns.
How high is vacancy risk in Palm Desert, CA?
Vacancy risk in Palm Desert, CA is elevated. That supports predictable cash flow for typical rental holds.
Is rental property easy to operate in Palm Desert, CA?
Landlord-friendliness in Palm Desert, CA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How expensive is real estate in Palm Desert, CA?
Median home price in Palm Desert, CA is near $525K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
You know 92211 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92211 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 92211 ranks in Riverside-San Bernardino-Ontario, CA
Every ZIP in this metro, ranked. Free.
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