Is Palm Springs, FL a good place to invest in rental property?

Palm Springs, FL has a median modeled monthly cash flow of $-379 and a median cap rate of 4.4%, on a median sold price of $322,500. Prices changed -13.1% year over year.

What is the average cap rate in Palm Springs, FL?

The median cap rate across recently sold homes in Palm Springs, FL is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palm Springs, FL?

The median sold price in Palm Springs, FL is $322,500 (about $242 per square foot).

Investing in Palm Springs, FL Real Estate

A data-driven snapshot of the Palm Springs, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$322,500Median sold price

$242Median $/sqft

4.4%Median cap rate

$-379Modeled cash flow / mo

-13.1%Appreciation YoY

57.9Months of supply

338Active listings

70Sold (last 12 mo)

What the Palm Springs numbers say

In Palm Springs, FL, the median home sold for $322,500 (about $242 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-379 of monthly cash flow. Sold prices moved -13.1% over the past year. Inventory sits at about 57.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Palm Springs cash-flowing listings

CashFlowRE ranks every for-sale home in Palm Springs, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Palm Springs deals, or browse the national market data.