What's the average rent in Paradise Valley, AZ?
Rental Market Trends in Paradise Valley, AZ
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Paradise Valley, AZ is $15,995 per month, which is 714% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$15,995
-11.1%-$2,005 decrease month-over-month
60.0%$5,995 increase year-over-year
AVAILABLE RENTALS
69
APARTMENTS
HOUSES
TOWNHOUSES
As of July 2026, apartments are the most affordable rental option in Paradise Valley, AZ at $1,992 per month, while houses are the most expensive at $18,500 per month. Townhomes average $2,200 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,506 |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $12,500 |
| 4 Bedrooms | $12,500 |
| All | $15,995 |
As of July 2026, the average rent for a 1 bedroom rental in Paradise Valley, AZ is $1,506 per month, followed by $2,200 for a 2 bedroom rental, $12,500 for a 3 bedroom rental, and $12,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,200 |
As of July 2026, the average rent for a 2 bedroom townhome in Paradise Valley, AZ is $2,200 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $20,000 |
| 4 Bedrooms | $20,000 |
| All | $2,363 |
As of July 2026, the average rent for a 1 bedroom apartment in Paradise Valley, AZ is $1,700 per month, followed by $2,200 for a 2 bedroom apartment, $20,000 for a 3 bedroom apartment, and $20,000 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $12,500 |
| 4 Bedrooms | $12,500 |
| All | $18,500 |
As of July 2026, the average rent for a 3 bedroom house in Paradise Valley, AZ is $12,500 per month, followed by $12,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +60% compared to the previous year, which is a +$6,000 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $1,354 to $75,000.
