As of June 2026, rental prices in Paradise Valley, AZ range from $1,516 to $3,387 per month depending on property type and bedroom count.
The largest year-over-year change was a decline of 19.64% for 2BR apartments in Paradise Valley, AZ.
For 2BR rentals in Paradise Valley, AZ, single-family homes have a median rent of $2,368, while condos/townhomes offer $2,116.
What are the current rent prices in Paradise Valley, AZ for June 2026?
As of June 2026, rents in Paradise Valley, AZ range from $1,516 for 1BR apartments up to $3,387 for 4BR condos/townhomes.
Are rents rising or falling across segments in Paradise Valley, AZ according to the June 2026 report?
In Paradise Valley, AZ, June 2026 data shows year-over-year declines for all apartment sizes, including -19.64% for 2BR apartments, while the largest increase is 4.41% for single-family 1BR units.
Which property and bedroom type is the least expensive rental in Paradise Valley, AZ?
The lowest median rent in Paradise Valley, AZ for June 2026 is $1,516 per month for a 1BR apartment.
Which segment had the biggest annual rent increase in Paradise Valley, AZ, and is that increase seen across all bedrooms?
The single-family 1BR segment had the largest annual rent increase at 4.41% in June 2026, but this growth is only apparent in the 1BR units, as other single-family bedroom sizes saw minimal increases or declines.
Paradise Valley, AZ
June 2026
85253
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,441 – $1,592
-0.86%
-11.58%
2-Bedroom
$1,534 – $1,696
0.01%
-19.64%
3-Bedroom
$2,035 – $2,205
9.07%
-10.96%
4-Bedroom
$3,182 – $3,338
0.80%
0.80%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,568 – $1,648
1.39%
-1.71%
2-Bedroom
$2,063 – $2,169
0.29%
2.60%
3-Bedroom
$2,696 – $2,862
1.76%
0.47%
4-Bedroom
$3,285 – $3,433
1.20%
0.74%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,878 – $2,002
1.36%
4.41%
2-Bedroom
$2,309 – $2,427
1.15%
0.85%
3-Bedroom
$2,720 – $2,888
1.08%
-1.99%
4-Bedroom
$3,224 – $3,472
0.63%
-4.37%
Data updated: July 19, 2026
In the Paradise Valley (85253) rental market, 3-bedroom apartments recorded a substantial month-over-month surge, with median rents rising 9.07% to $2,120. This recent spike positions 3BR apartments as the strongest monthly performer within Paradise Valley (85253).
Among entry-level units, 1BR condos in Paradise Valley (85253) outpace their apartment counterparts with a median rent of $1,608 compared to $1,516 for 1BR apartments, a difference of $92. This gap underscores the premium for condo living at the 1-bedroom level.
Year-over-year gains in the 1-bedroom single-family segment are evident as Paradise Valley (85253) rental trends show median rents climbing 4.41% to $1,940. This annual increase stands in stark contrast to double-digit declines seen across apartment categories.