Last updated on August 1, 2026

Average rent in
Paradise Valley, AZ

Key takeaways for renters

  • The bottom line

    Paradise Valley, AZ rent rose 57.1% year over year to a current median of $8,875/month. Despite this increase, rents are $770 less per month than last year, reflecting a complex market dynamic after recent fluctuations.

  • Vs. national rents

    Paradise Valley rents are 357.5% more expensive than the $1,940/month national median. This positions Paradise Valley as a high-cost rental market with a limited total rental inventory of 52 units.

  • Rent ranges by bedroom

    Studios rent for $1,650/month, 1-bedrooms for $1,540/month, 2-bedrooms for $2,795/month, 3-bedrooms for $5,625/month, and 4+ bedrooms reach $19,000/month in Paradise Valley. This range shows the variation in rents by bedroom count across the city.

  • Neighborhood spotlight

    Clearwater Hills rents fell 88.5% year over year to $2,995/month across 12 rentals. This decline contrasts with the citywide rent rise of 57.1%, marking a significant local shift in Paradise Valley's rental market.

Median rent

Median rent in Paradise Valley

$8,875/mo

increased by57%

vs previous year

The average rent in Paradise Valley is $8,875 per month as of August 2026. This is 360% above the national average rent, or $6,945 more per month.

$2.62

average price per square foot

Total rentals

Available rentals in Paradise Valley

52

for rent on Zumper.com as of August 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 decreased by 38% over the last month and have increased by 57% 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 $1,810, whereas a house costs $13,500. 1-bedroom apartments in Paradise Valley run $1,500 on average, while 2-bedroom apartments are $2,800.

Listings

Studio

$1,650

-

-

1 bedroom

$1,540

No Change

29%

2 bedroom

$2,795

3%

29%

3 bedroom

$5,625

4%

19%

4 bedroom

$19,000

5%

25%

Studio

Average rent

$1,650

1 bedroom

Average rent

$1,540

Last year

29%

2 bedroom

Average rent

$2,795

Last 30 days

3%

Last year

29%

3 bedroom

Average rent

$5,625

Last 30 days

4%

Last year

19%

4 bedroom

Average rent

$19,000

Last 30 days

5%

Last year

25%

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$8,875
increased by360%

higher than the national median

Median rent price$1,925

Equal to the the national median

Takeaway

The median rent for all rentals in Paradise Valley, AZ is 361% higher than the median rent in Avondale, AZ.

Discover rentals in Paradise Valley, AZ

9990 N Scottsdale Rd #2037 - Photo 1 of 1

5d+ ago

Apartment for rent in Paradise Valley

APARTMENT - Contemporary - Paradise Valley, AZ

9990 N Scottsdale Rd #2037, Paradise Valley, AZ 85253

1 bed

1 bath

$1,500

Apartment for rent

9990 N Scottsdale Rd #1003 - Photo 1 of 1

2d ago

Condo for rent in Paradise Valley

APARTMENT - Contemporary - Paradise Valley, AZ

9990 N Scottsdale Rd #1003, Paradise Valley, AZ 85253

2 beds

2 baths

$1,800

Condo for rent

7008 E Gold Dust Ave #103 - Photo 1 of 1

5d+ ago

Condo for rent in Paradise Valley

APARTMENT - Paradise Valley, AZ

7008 E Gold Dust Ave #103, Paradise Valley, AZ 85253

2 beds

2 baths

$1,800

Condo for rent

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

5d+ ago

Townhouse for rent in Paradise Valley

TOWNHOME - Spanish - Paradise Valley, AZ

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

2 beds

2 baths

$1,950

House for rent

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 $8,875 per month as of August 1, 2026.

Is rent up or down in Paradise Valley?

Average rent prices in Paradise Valley have decreased by 38% over the last month and have increased by 57% since last year.

How does Paradise Valley rent compare to the national average?

Rent in Paradise Valley is 360% above the national average, which means renters are paying approximately $6,945 more per month.

Which neighborhoods are most affordable in Paradise Valley?

The most affordable neighborhoods in Paradise Valley are Sunset Hills ($2,100/mo), Camelback Lands ($2,889/mo), and Mountain Shadow Resort ($3,000/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 $355,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Paradise Valley?

In our current listings, utilities-included rentals are extremely rare in Paradise Valley, appearing in under 1% of units, with two-bedrooms showing the only availability at 0.03% of listings.

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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