Last updated on September 16, 2026

Average rent in
Paradise Valley, AZ

Median rent

Median rent in Paradise Valley

$7,950/mo

increased by22%

vs previous year

The average rent in Paradise Valley is $7,950 per month as of September 2026. This is 318% above the national average rent, or $6,050 more per month.

$2.38

average price per square foot

Total rentals

Available rentals in Paradise Valley

40

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Paradise Valley rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Paradise Valley, AZ

Average rent prices in Paradise Valley have increased by 16% over the last month and have increased by 22% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Paradise Valley, AZ

Rent prices in Paradise Valley vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Paradise Valley is $1,990, whereas a house costs $12,000. 1-bedroom apartments in Paradise Valley run $2,000 on average, while 2-bedroom apartments are $2,075.

Listings

Studio

$1,600

-

-

1 bedroom

$1,844

10%

15%

2 bedroom

$2,565

12%

24%

3 bedroom

$7,122

6%

17%

4 bedroom

$17,747

13%

11%

Studio

Average rent

$1,600

1 bedroom

Average rent

$1,844

Last 30 days

10%

Last year

15%

2 bedroom

Average rent

$2,565

Last 30 days

12%

Last year

24%

3 bedroom

Average rent

$7,122

Last 30 days

6%

Last year

17%

4 bedroom

Average rent

$17,747

Last 30 days

13%

Last year

11%

The table above reflects average rent prices in Paradise Valley, AZ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Paradise Valley, AZ compare to other cities?

Compare median rent prices in Paradise Valley and Avondale by all bedroom counts and property types.

Paradise Valley

Median rent price$7,950
increased by318%

higher than the national median

Median rent price$1,925
increased by1%

higher than the national median

Takeaway

The median rent for all rentals in Paradise Valley, AZ is 313% higher than the median rent in Avondale, AZ.

Discover rentals in Paradise Valley, AZ

10401 N 52nd St #205 - Photo 1 of 1

5d+ ago

Apartment for rent in Paradise Valley

Residential Lease, Paradise Valley, AZ

10401 N 52nd St #205, Paradise Valley, AZ 85253

2 beds

2 baths

$1,999

$1,799

Price drop

10444 N 69th St #201 - Photo 1 of 1

5d+ ago

Condo for rent in Paradise Valley

Residential Lease, Paradise Valley, AZ

10444 N 69th St #201, Paradise Valley, AZ 85253

2 beds

2 baths

$1,850

10401 N 52nd St #105 - Photo 1 of 1

5d+ ago

Townhouse for rent in Paradise Valley

Residential Lease, Paradise Valley, AZ

10401 N 52nd St #105, Paradise Valley, AZ 85253

2 beds

2 baths

$1,950

6900 N Highlands Dr - Photo 1 of 1

5d+ ago

Apartment for rent in Paradise Valley

Residential Lease, Paradise Valley, AZ

6900 N Highlands Dr, Paradise Valley, AZ 85253

1 bed

1 bath

$2,000

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Paradise Valley, AZ

Quick answers to common questions about the Paradise Valley rental market.

How much is rent in Paradise Valley?

The average rent in Paradise Valley is $7,950 per month as of September 12, 2026.

Is rent up or down in Paradise Valley?

Average rent prices in Paradise Valley have increased by 16% over the last month and have increased by 22% since last year.

How does Paradise Valley rent compare to the national average?

Rent in Paradise Valley is 318% above the national average, which means renters are paying approximately $6,050 more per month.

Which neighborhoods are most affordable in Paradise Valley?

The most affordable neighborhoods in Paradise Valley are Sunset Hills ($2,200/mo), Stone Canyon ($2,200/mo), and Mountain Shadow Resort ($2,399/mo).

What salary do I need to afford rent in Paradise Valley?

To comfortably afford rent in Paradise Valley, you'd need to earn approximately $318,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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