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 May 2026, the average rent in Paradise Valley, AZ is $15,000 per month, which is 677% higher than the national average rent of $1,930 per month.
AVERAGE RENT
$15,000
-16.7%-$3,000 decrease month-over-month
66.7%$6,000 increase year-over-year
AVAILABLE RENTALS
72
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in Paradise Valley, AZ at $2,300 per month, while houses are the most expensive at $20,000 per month. Apartments average $2,343 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $15,000 |
| 4 Bedrooms | $17,000 |
| All | $15,000 |
As of May 2026, the average rent for a 1 bedroom rental in Paradise Valley, AZ is $1,700 per month, followed by $2,300 for a 2 bedroom rental, $15,000 for a 3 bedroom rental, and $17,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,300 |
As of May 2026, the average rent for a 2 bedroom townhome in Paradise Valley, AZ is $2,300 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | $20,000 |
| 4 Bedrooms | $9,875 |
| All | $2,300 |
As of May 2026, the average rent for a 1 bedroom apartment in Paradise Valley, AZ is $1,700 per month, followed by $2,250 for a 2 bedroom apartment, $20,000 for a 3 bedroom apartment, and $9,875 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,000 |
| 3 Bedrooms | $15,000 |
| 4 Bedrooms | $17,000 |
| All | $20,000 |
As of May 2026, the average rent for a 2 bedroom house in Paradise Valley, AZ is $3,000 per month, followed by $15,000 for a 3 bedroom house, and $17,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +42% compared to the previous year, which is a +$4,995 increase.
This year (2026)
Last year (2025)
Rent distribution
65% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $1,695 to $75,000.
