Paradise Valley, AZ Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Paradise Valley is $1,951, a 8.08% increase compared to the previous year, when the average rent was $1,805.
One-bedroom apartments provide 741 square feet for $1,898, balancing privacy and affordability.
Two-beedroom units at $1,993 offer 923 square feet, perfect for roommates or small families.
Average rent in Paradise Valley, AZ
Last updated: February 21, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,951 | 870 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,898 | 741 sq. ft. |
| 2 Beds | $1,993 | 923 sq. ft. |
| 3 Beds | n/a | n/a |
Paradise Valley, AZ rent trends
Rental prices in Paradise Valley, AZ have increased by 8.08% over the past year. The average rent moved from $1,805 to $1,951.
What's the typical rent budget in Paradise Valley, AZ?
The largest share of rentals in Paradise Valley, AZ (53%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Paradise Valley, AZ?
244 or 5% of the households in Paradise Valley, AZ are renter-occupied while 4,728 or 95% are owner-occupied.
How Paradise Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Paradise Valley | $1,951 |
| Phoenix | $1,474 |
| Tucson | $1,216 |
| Mesa | $1,469 |
| Glendale | $1,384 |
| Scottsdale | $2,073 |
| Tempe | $1,800 |
| Chandler | $1,690 |
| Surprise | $1,716 |
| Peoria | $1,595 |
| San Tan Valley | $1,912 |
| Gilbert | $1,759 |
| Buckeye | $1,800 |
| Goodyear | $1,634 |
| Avondale | $1,565 |
| Laveen | $1,861 |
| Queen Creek | $1,905 |
| Waddell | $2,378 |
| Casa Grande, AZ | $1,463 |
| Apache Junction, AZ | $1,588 |
| Maricopa, AZ | $1,657 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Paradise Valley apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.