As of April 2026, rental prices in Paradise Valley, AZ range from $1,560 to $3,309 per month depending on property type and bedroom count.
The largest year-over-year increase occurred for 2BR condo/townhomes in Paradise Valley, AZ, where rents grew 7.32%.
For 1BR units in Paradise Valley, AZ, single-family homes have a median rent of $1,899 while apartments are lower at $1,560.
What are the typical rent prices in Paradise Valley, AZ for April 2026?
As of April 2026, rents in Paradise Valley, AZ range from $1,560 per month for 1BR apartments up to $3,309 for 4BR condo/townhomes.
Are rents overall rising or falling in Paradise Valley, AZ as of April 2026?
The data shows mixed trends in Paradise Valley, AZ: apartment rents mostly declined year-over-year (up to -17.67% for 2BR), while condo/townhomes had some increases (up to 7.32% for 2BR), and single-family homes showed modest growth or small declines depending on the bedroom count.
What is the most affordable rental option in Paradise Valley, AZ according to April 2026 data?
The lowest median rent in Paradise Valley, AZ is for 1BR apartments at $1,560 per month.
Which property type and bedroom count saw the strongest annual growth in Paradise Valley, AZ, and is growth concentrated or broad?
The biggest year-over-year rent increase in Paradise Valley, AZ was for 2BR condo/townhomes, with a 7.32% rise; growth is concentrated in this segment, as other condo/townhome bedroom counts had much smaller or negative YoY changes.
Paradise Valley, AZ
April 2026
85253
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,505 – $1,614
-7.33%
-7.27%
2-Bedroom
$1,542 – $1,705
-8.16%
-17.67%
3-Bedroom
$2,095 – $2,247
1.57%
-7.52%
4-Bedroom
$3,132 – $3,313
0.22%
1.51%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,527 – $1,627
0.06%
-3.43%
2-Bedroom
$2,066 – $2,216
-2.30%
7.32%
3-Bedroom
$2,616 – $2,778
-1.71%
-2.35%
4-Bedroom
$3,210 – $3,408
0.52%
1.35%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,838 – $1,960
0.37%
5.03%
2-Bedroom
$2,269 – $2,385
-4.72%
1.97%
3-Bedroom
$2,683 – $2,849
-0.50%
0.58%
4-Bedroom
$3,206 – $3,404
-4.91%
-2.91%
Data updated: June 2, 2026
Within Paradise Valley (85253), 2-bedroom apartments saw the steepest annual decline, with median rent dropping to $1,624—down 17.67% year-over-year as of April 2026. This decrease marks the largest YoY contraction among all analyzed segments in the area.
The single-family 1-bedroom segment in Paradise Valley (85253) reached $1,899 for median rent, reflecting a 5.03% increase year-over-year. This puts single-family units ahead of comparable apartments and condos by $339 and $322, respectively, indicating higher renter willingness to pay for detached options.
April’s Paradise Valley (85253) rental trends highlight 3-bedroom apartments, where median rent increased 1.57% month-over-month to $2,171. This segment was one of the few apartment types to achieve positive monthly growth, contrasting sharply with declines seen in smaller units.