Coachella Valley

A popular basecamp for Joshua Tree National Park, California’s Indio, Palm Desert, and La Quinta areas are increasingly popular vacation rental destinations where both guests and property values tend to climb.

Overview

Nestled in California’s sunny Coachella Valley, Indio, Palm Desert, and La Quinta form a 10-mile triangle of vacation rental paradise only a short drive from Los Angeles and San Diego. This low-desert getaway beneath the gorgeous Santa Rosa Mountains is far enough from nearby Palm Springs to escape the spring breakers and snowbirds, but close enough to take advantage of its world-class restaurants and fantastic nightlife. It boasts easy access to polo clubs, hot springs, Joshua Tree National Park, and some of the nation’s best golf courses. This part of Coachella Valley gets a lot of publicity through the annual Coachella Valley Music and Arts festival, “Coachella,” which draws hundreds of thousands of attendees to Indio’s Empire Polo Club each spring.


Insider tip

The Coachella Valley is a popular vacation rental destination for families, so look for family-friendly amenities that will help you market to guests: think outdoor seating areas, foosball and ping-pong tables, and dedicated play areas for kids. Hot tubs and large flatscreen TVs are always a hit with guests looking to relax after a long day in the sun. As always, make sure your changes are aligned with HOA restrictions and permitting.

Learn more and compare the Coachella Valley with other top markets in our insider's guide to the best places to buy a vacation rental.

Market size

6,000+ rental units

Median annual rental revenue

$37,060

Median home price

$383,100

Cap rate

5.6%

*This document is for information and illustrative purposes only. It is not intended to provide “investment advice” or a “recommendation” regarding a course of action. The discussion is general in nature and has not taken into account your personal financial position or objectives. You should consult a licensed financial advisor or other professional to discuss your specific situation.

Estimated rental income figures and home sale prices are based on historical averages; for any specific property, the actual revenue, purchase price, and cap rate may differ materially from estimated amounts and depend on a wide range of factors outside Vacasa's knowledge or control, such as the property's condition, layout, and furnishings; expenses associated with the acquisition and ownership of the property (such as property taxes, utility fees, HOA fees, insurance fees, and mortgage-related expenses); rental calendar availability; existing and future regulations; current and future economic, social, and political trends and conditions; and weather and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Vacasa makes no representations or warranties, express or implied, about the accuracy of this document. Furthermore, Vacasa has no obligation to update, modify or amend this document or to otherwise notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or subsequently becomes inaccurate. Therefore, you should not place undue reliance on statements in this document.

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