Long-term Rental Rates — August 2026 · ZIPs: 85253
Local market data by Estaite
As of August 2026, rental prices in Paradise Valley, AZ range from $1,603 to $3,341 per month depending on property type and bedroom count.
The largest year-over-year change is seen in 2BR apartments, which dropped 14.42% compared to August 2025.
For 3BR units, single-family homes have a median rent of $2,833, while condos/townhomes have a median rent of $2,817.
What is the typical rent range in Paradise Valley, AZ as of August 2026?
In August 2026, median rents in Paradise Valley, AZ range from $1,603 for 1BR condos/townhomes to $3,341 for 4BR single-family homes.
Are rents increasing or decreasing across different property segments in Paradise Valley, AZ?
Rents are trending downward in many segments, with 2BR apartments falling 14.42% year-over-year, while some segments like 1BR single-family homes increased 3.20% year-over-year as of August 2026.
What is the lowest rent available by property and bedroom type in Paradise Valley, AZ?
The lowest median rent in Paradise Valley, AZ is $1,603 for 1BR condos/townhomes as of August 2026.
Which rental segment saw the strongest annual rent growth in Paradise Valley, AZ, and is this growth broad or focused on one bedroom type?
The strongest annual rent growth was in 1BR single-family homes, which increased 3.20% year-over-year, and this growth is focused specifically on the 1BR segment rather than across all single-family bedrooms.
Paradise Valley, AZ
August 2026
85253
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,634 – $1,742
9.82%
-3.46%
2-Bedroom
$1,683 – $1,824
4.38%
-14.42%
3-Bedroom
$2,332 – $2,452
2.45%
-0.99%
4-Bedroom
$3,222 – $3,369
0.61%
-0.21%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,563 – $1,643
-1.17%
-2.14%
2-Bedroom
$2,140 – $2,250
3.25%
2.91%
3-Bedroom
$2,732 – $2,902
4.32%
0.64%
4-Bedroom
$3,199 – $3,442
-2.76%
-3.58%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,903 – $2,029
0.46%
3.20%
2-Bedroom
$2,343 – $2,463
-2.99%
0.29%
3-Bedroom
$2,728 – $2,938
-4.39%
-3.11%
4-Bedroom
$3,217 – $3,465
-0.36%
-5.54%
Data updated: September 21, 2026
Paradise Valley Rental Trends
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.