Palm Springs, FL — Momentum Score, Home Values & Best-For

All states·Florida·Palm Springs

Palm Beach County · Miami-Fort Lauderdale-Pompano Beach · population 28,548

First-time buyersRenter-friendly
Palm Springs, FL
Image: Wikipedia · Palm Springs, Florida
OverviewCost of livingMoving guide
View watchlist →
58
Stable
Momentum score · 0–100

Where Palm Springs stands

Home values down 3.7% in the last year.

Median home $269,887
1-year -3.7%
5-yr CAGR +6.7%
vs 5-yr peak -6.0%
Population +1.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2024-05$270k$110k$173k$236k$299k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
94/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,081/mo$1,518$1,906$2,294202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent128129100120140202220242026

Rent vs buy

Price-to-rent ratio: 10.8
Buy

At a 10.8 price-to-rent ratio, buying generally beats renting in Palm Springs on a long-enough horizon. The headline math is that one year of mortgage payments approximates 10.8 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
32 · w22%
Home 5-yr CAGR
73 · w22%
Distance from peak
57 · w18%
Population growth
73 · w16%
Rent YoY
37 · w12%
Home 10-yr CAGR
84 · w10%
Long thesis

Palm Springs has held up across the cycle: home values at $269,887 with +6.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Palm Springs is in a state where home insurance costs have doubled, climate risk repricing is still in progress, and the buyer pool is constrained by both. The bear case writes itself and is currently winning.

About Palm Springs

Palm Springs is a city in Palm Beach County, Florida, with an estimated population of 28,548. It anchors the Miami-Fort Lauderdale-Pompano Beach metro area. The population grew 1.5% annually from 2020 to 2024, a moderate gain. The median home value in Palm Springs is $269,887 as of 2026-04, down 3.7% over the last 12 months. Over the last five years, home values have averaged +6.7% annual growth (-6.0% from the 5-year peak). Rents in Palm Springs average $2,081 per month, down 1.7% year-over-year. The composite momentum score is 58 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

▲ Bull case

●Healthy 5-year run: +6.7% annualized over 5 years, outpacing US inflation.
●Net positive migration: population up 1.5% per year — demand fundamentals are intact.

▼ Bear case

●Cooling: -3.7% over the trailing year — momentum has stalled.
○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Palm Springs (Wikipedia)

Palm Springs is a village in Palm Beach County, Florida, United States, situated approximately 61 mi (98 km) north of Miami. The village's name was likely derived from the resort city of Palm Springs, California. Located in the east-central part of the county, Palm Springs is situated north of Atlantis, east of Greenacres, west of Lake Clarke Shores and Lake Worth Beach, and southwest of West Palm Beach. The 2010 United States census recorded the village's population at 18,928, which increased to 26,890 in the 2020 census. Palm Springs is also located within the Miami metropolitan area of South Florida, which had a population of approximately 6,138,333 people as of 2020.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Palm Beach County right now.

NWS active alerts (FL)Florida Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Palm Beach County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Palm Springs

Fort Pierce, FL60 · StableLake Worth Beach, FL60 · StableTemple Terrace, FL57 · StableLake Wales, FL58 · Stable

Run the numbers for Palm Springs

ToolCan I afford Palm Springs?Income → city shortlistToolROI on a Palm Springs rentalCap rate, cash-on-cash, DSCRToolCompare Palm Springs to anywhereSide-by-side up to 3 citiesToolPalm Springs cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
70° / 51°
avg high / low
Summer (Jul)
90° / 73°
avg high / low
Sunny days/yr
233
~64% of year
Annual precip
54″ rain
0″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very high
Tornado
Moderate
Wildfire
Low
Earthquake
Very low
Flood
Very high

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Miami-Fort Lauderdale-Pompano Beach area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Palm Springs listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
76%
Very humid climate
Median household income
$67,900
Florida state median
Top industries (state-level)
TourismHealthcareConstruction

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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