La Quinta, California Housing Market Prices
La Quinta 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 7% below the California median$607,860
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Median rent 14% below the California median$1,750
Housing Market Overview
| Metric | La Quinta | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $607,860 | $650,794 | $248,835 |
| Price Trend (Annual %) | 4.1% | 8.9% | 7.5% |
| Median Gross Rent | $1,750 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in La Quinta is about 7% lower than in California. Rent is about 14% 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 La Quinta, up about 4.1% and 3.3% a year respectively. Home prices are changing faster.
Median rent in La Quinta rose about 31.8% between 2015 and 2024, from $1,328 to $1,750. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 6.2 yearly household incomes in La Quinta.
Buying the median-priced home in La Quinta costs roughly 28.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in La Quinta. The price-to-rent ratio in California is about 26.6.
| Metric | La Quinta | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $607,860 | $650,794 | $248,835 |
| Median Household Income | $98,226 | $99,161 | $80,455 |
| Price-to-Income Ratio | 6.2 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in La Quinta rose about 23.2%, while median household income rose about 34.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | La Quinta | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.1% | 51.7% | 58.5% |
| Rental Rate | 16.0% | 40.8% | 31.2% |
| Vacancy Rate | 34.9% | 7.5% | 10.2% |
| Median Tenure (years) | 12.0 | 15.0 | 15.0 |
| Median Year Moved In | 2014 | 2011 | 2011 |
La Quinta has a homeownership rate of 49.1%, lower than the California average of 51.7%. Its housing vacancy rate is 34.9%, compared with 7.5% in California.
Housing Stock
| Metric | La Quinta | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1996 | 1975 | 1978 |
| Median Number of Rooms | 5.4 | 5.0 | 5.5 |
The typical housing unit in La Quinta was built around 1996. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 12.0 years on average.
La Quinta, CA Housing Compared With Nearby Cities
How La Quinta, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| La Quinta, CA | 35,812 | $607,860 #1/3 | $1,750 #2/3 | 75.4% #1/3 |
| Indio, CA | 86,533 | $405,044 | $1,438 | 64.7% |
| Palm Desert, CA | 47,249 | $424,212 | $1,793 | 65.3% |
Frequently Asked Questions
Common questions about the housing market in La Quinta, California.
What is the median home price in La Quinta, California?
The median home price in La Quinta, California is $607,860, lower than the California average of $650,794.
What is the average home price in La Quinta, California?
The typical home price in La Quinta, California, reported as the median sale price, is $607,860. 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 La Quinta, California?
The median gross rent in La Quinta, California is $1,750 per month, lower than the California average of $2,036.
What was the median gross rent in La Quinta in 2020?
In 2020, the median gross rent in La Quinta, California was $1,393 per month.
What is the price-to-rent ratio in La Quinta, California?
The price-to-rent ratio in La Quinta, California is about 28.9, meaning it would take roughly 28.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in La Quinta.
Are home prices or rent rising faster in La Quinta, California?
Both home prices and rent are rising in La Quinta, up about 4.1% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in La Quinta, California?
49.1% of households in La Quinta, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in La Quinta, California?
The housing vacancy rate in La Quinta, California is 34.9%, higher than the California average of 7.5%.
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