Foreclosure Homes in Rancho Mirage, CA 92270

Current Market Conditions in Rancho Mirage, CA

As of late 2023, Rancho Mirage's real estate market is experiencing a dynamic shift with rising property values, driven by high demand for luxury homes in the area. The city has become a sought-after destination for affluent buyers, leading to increased investment in both residential and commercial properties.

Rent Prices In Rancho Mirage, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rancho Mirage, CA, is on a rollercoaster ride. The average rent price in Rancho Mirage, CA, is $3,068.00. Indeed, when looking to rent in Rancho Mirage, CA, you can expect to pay as little as $1,200.00 or as much as $5,240.00, with the average rent median estimated to be $2,940.00. The good news is that finding an affordable and desirable property to rent in Rancho Mirage, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.