Monthly rent

$5,000

Beds

Baths

Sqft

1,864

Monthly rent	$5,000
Beds	3
Baths	2
Sqft	1,864

5+ Days Ago

Highlights

Open floor plan
Barbecue area
Mountain views
3 spacious bedrooms

Location

505 E Molino Rd, Palm Springs, CA 92262, USA|Racquet Club Estates

Tour 505 E Molino Rd

Contact

EB INVESTMENTS

(760) 318-8870

About 505 E Molino Rd

Home

Houses in Palm Springs

505 E Molino Rd, Palm Springs, CA 92262, USA

Sweet deal!

This listing is 20% below the median price for 3 bedroom apartments in Racquet Club Estates.

Property Status: Active Remodeled Mid-Century Alexender home located in the Racquet Club East area of Palm Springs. This beautifully remodeled home has an incredible floor plan which boasts over 2,000 square feet and situated on a large 0.25-acre lot. The open floor plan features 3 spacious bedrooms, 2 bathrooms as well as a study. The kitchen offers top of the line Samsung Bespoke Appliances to help you make your dream kitchen a reality, as well as a mini bar area to help you entertain your guests in your gorgeous home. The backyard features an inviting pool, covered patio, Barbecue area, outside shower, and gorgeous mountain views. The home is also for sale and the seller may entertain a lease with an option to buy. The home is only minutes from downtown Palm Springs with all the great Shops, Restaurants, Maryln Monroe statue, Museum, Hiking Trails, and the famous Aerial Tramway. This iconic Alexnader Ranch style home won't disappoint you and is a must see. Office Phone: (760) 318-8870 Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Source: CLAWCA|MLS Listing No. 25599919PS

Go to property website

Neighborhood

Racquet Club Estates

Zip code

92262

Type

House for rent

Rent trends in Racquet Club Estates

3-bedroom apartments at 505 E Molino Rd cost about 20% less than the average rent price for 3-bedroom apartments in Racquet Club Estates.

Median rents as of Oct 11 2025.

Racquet Club Estates

Palm Springs

A table of 3-bedroom apartment rental data trends in Palm Springs
Month	Median Rent
October 2023	$5,600
November 2023	$5,668
December 2023	$4,675
January 2024	$4,425
February 2024	$4,412
March 2024	$4,314
April 2024	$4,316
May 2024	$4,716
June 2024	$5,048
July 2024	$4,990
August 2024	$4,500
September 2024	$4,575
October 2024	$4,995
November 2024	$5,049
December 2024	$5,222
January 2025	$5,318
February 2025	$4,961
March 2025	$5,071
April 2025	$4,812
May 2025	$4,515
June 2025	$4,500
July 2025	$4,485
August 2025	$4,475
September 2025	$4,500
October 2025	$4,500

A table of 3-bedroom apartment rental data trends in Racquet Club Estates
Month	Median Rent
December 2023	$5,280
January 2024	$5,050
February 2024	$4,575
March 2024	$4,140
June 2024	$7,500
July 2024	$3,950
August 2024	$3,850
September 2024	$3,895
October 2024	$3,895
November 2024	$3,958
December 2024	$4,431
January 2025	$4,856
February 2025	$6,323
March 2025	$7,514
April 2025	$7,510
May 2025	$7,495
June 2025	$6,502
July 2025	$5,737
August 2025	$4,840
September 2025	$4,738
October 2025	$5,413

Affordability calculator

Can I afford to live at 505 E Molino Rd?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$200,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $200,000 annually to afford this 3-bedrooms monthly rent price of $5,000.

For more information on rent affordability, visit our rent calculator.

Getting around Palm Springs near 505 E Molino Rd

Walking

3/10

Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10

This area is close to freeways and has adequate parking options.

Cycling

4/10

This is semi-bikeable, but you’ll need another way of getting around.

Transit

2/10

There are a few mass transit options within the area.

Points of interest for 505 E Molino Rd, Palm Springs

Groceries

1/10

Closest supermarket further than a 30-minute walk

Shopping

3/10

Some shops within walking distance

Cafes

3/10

Some cafés within walking distance

Restaurants

4/10

Some restaurants within a few minutes’ walk

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

1/10

Closest high school further than a 30-minute walk

Parks

9/10

Very large amount of park space within a few minutes' walk

Nightlife

2/10

Some bars within walking distance

2 Parking Spaces	Garage Parking
Outdoor Space	Swimming Pool

505 E Molino Rd505 E Molino Rd, Palm Springs, CA 92262, USA

Highlights

Location

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Contact

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Schools near 505 E Molino Rd

Vista Del Monte Elementary School

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Getting around Palm Springs near 505 E Molino Rd

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Points of interest for 505 E Molino Rd, Palm Springs

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Restaurants

Primary schools

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Parks

Nightlife

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Homes in Racquet Club Estates

505 E Molino Rd
505 E Molino Rd, Palm Springs, CA 92262, USA