Coachella, California Housing Market Prices
Coachella Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 70% below the California median$194,319
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Median rent 45% below the California median$1,116
Housing Market Overview
| Metric | Coachella | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,319 | $650,794 | $248,835 |
| Price Trend (Annual %) | 7.7% | 8.9% | 7.5% |
| Median Gross Rent | $1,116 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Coachella is about 70% lower than in California. Rent is about 45% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Coachella, up about 7.7% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Coachella rose about 29.4% between 2015 and 2024, from $862 to $1,116. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Coachella.
Buying the median-priced home in Coachella costs roughly 14.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Coachella. The price-to-rent ratio in California is about 26.6.
| Metric | Coachella | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,319 | $650,794 | $248,835 |
| Median Household Income | $66,516 | $99,161 | $80,455 |
| Price-to-Income Ratio | 2.9 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Coachella rose about 51.8%, while median household income rose about 26.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Coachella | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.9% | 51.7% | 58.5% |
| Rental Rate | 34.1% | 40.8% | 31.2% |
| Vacancy Rate | 4.9% | 7.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Coachella has a homeownership rate of 60.9%, higher than the California average of 51.7%. Its housing vacancy rate is 4.9%, compared with 7.5% in California.
Housing Stock
| Metric | Coachella | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.43 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1991 | 1975 | 1978 |
| Median Number of Rooms | 5.1 | 5.0 | 5.5 |
The typical housing unit in Coachella was built around 1991. On average, 3.4 people live in a home with about 5.1 rooms, staying for about 16.0 years on average.
Coachella, CA Housing Compared With Nearby Cities
How Coachella, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Coachella, CA | 43,046 | $194,319 #3/3 | $1,116 #3/3 | 64.1% #3/3 |
| Indio, CA | 86,533 | $405,044 | $1,438 | 64.7% |
| La Quinta, CA | 35,812 | $607,860 | $1,750 | 75.4% |
Frequently Asked Questions
Common questions about the housing market in Coachella, California.
What is the median home price in Coachella, California?
The median home price in Coachella, California is $194,319, lower than the California average of $650,794.
What is the average home price in Coachella, California?
The typical home price in Coachella, California, reported as the median sale price, is $194,319. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Coachella, California?
The median gross rent in Coachella, California is $1,116 per month, lower than the California average of $2,036.
What was the median gross rent in Coachella in 2020?
In 2020, the median gross rent in Coachella, California was $817 per month.
What is the price-to-rent ratio in Coachella, California?
The price-to-rent ratio in Coachella, California is about 14.5, meaning it would take roughly 14.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Coachella.
Are home prices or rent rising faster in Coachella, California?
Both home prices and rent are rising in Coachella, up about 7.7% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Coachella, California?
60.9% of households in Coachella, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Coachella, California?
The housing vacancy rate in Coachella, California is 4.9%, lower than the California average of 7.5%.
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