Last updated on June 18, 2026

Average rent in
Paradise Valley, AZ

Key takeaways for renters

  • The bottom line

    Paradise Valley, AZ rent slipped 2.8% year over year, with a current median of $8,700/month. Renters today are paying $1,822 less per month on average than last year, while month-to-month rent is essentially unchanged.

  • Vs. national rents

    Paradise Valley rents are 346.1% more expensive than the $1,950/month national median, placing it among the most expensive rental markets relative to the national median. The citywide median rent is $8,700/month.

  • Price ranges

    Studios in Paradise Valley rent for $1,600/month, 1-bedrooms for $1,500/month, 2-bedrooms for $2,395/month, 3-bedrooms for $4,500/month, and 4+ bedrooms for $19,900/month. Houses have a median rent of $14,900/month compared to $2,000/month for apartments.

  • Neighborhood spotlight

    Mountain Shadow Resort rents fell 77.8% year over year to $2,500/month across 14 rentals. This decline far exceeds the citywide drop of 2.8%, marking a distinct local cooldown in this neighborhood.

Median rent

Median rent in Paradise Valley

$8,700/mo

decreased by3%

vs previous year

The average rent in Paradise Valley is $8,700 per month as of June 2026. This is 346% above the national average rent, or $6,750 more per month.

$2.42

average price per square foot

Total rentals

Available rentals in Paradise Valley

50

for rent on Zumper.com as of June 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 remained the same over the last month and have decreased by 3% 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 $2,000, whereas a house costs $14,900. 1-bedroom apartments in Paradise Valley run $1,500 on average, while 2-bedroom apartments are $2,236.

Listings

Studio

$1,600

-

-

1 bedroom

$1,500

No Change

36%

2 bedroom

$2,395

2%

15%

3 bedroom

$4,500

No Change

11%

4 bedroom

$19,900

No Change

18%

Studio

Average rent

$1,600

1 bedroom

Average rent

$1,500

Last year

36%

2 bedroom

Average rent

$2,395

Last 30 days

2%

Last year

15%

3 bedroom

Average rent

$4,500

Last 30 days

No Change

Last year

11%

4 bedroom

Average rent

$19,900

Last 30 days

No Change

Last year

18%

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$8,700
increased by346%

higher than the national median

Median rent price$1,925
decreased by1%

lower than the national median

Takeaway

The median rent for all rentals in Paradise Valley, AZ is 352% higher than the median rent in Avondale, AZ.

Discover rentals in Paradise Valley, AZ

9990 N Scottsdale Rd #2037 - Photo 1 of 1

4d 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

10444 N 69th St Apt 206 - Photo 1 of 1

5d+ ago

Apartment for rent in Paradise Valley

Apartment for rent

10401 N 52nd St #226 - Photo 1 of 1

5d+ ago

Condo for rent in Paradise Valley

2 beds

2 baths

$1,749

Condo for rent

Available Feb 27

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

$1,900

$1,800

Price drop

Condo 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 $8,700 per month as of June 13, 2026.

Is rent up or down in Paradise Valley?

Average rent prices in Paradise Valley have remained the same over the last month and have decreased by 3% since last year.

How does Paradise Valley rent compare to the national average?

Rent in Paradise Valley is 346% above the national average, which means renters are paying approximately $6,750 more per month.

Which neighborhoods are most affordable in Paradise Valley?

The most affordable neighborhoods in Paradise Valley are Mountain Shadow Resort ($2,500/mo), Sunset Hills ($3,550/mo), and Camelback Lands ($3,957/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 $348,000/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?

Paradise Valley's rental market offers a good selection of listings, with an average of 73 available per month. The majority of these listings are 2-bedroom apartments, making up 27% of the market. This indicates a steady availability throughout the year, allowing flexibility in timing your apartment search.

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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