Long-term Rental Rates — September 2026 · ZIPs: 85253
Local market data by Estaite
As of September 2026, rental prices in Paradise Valley (85253), in the Phoenix metro area, range from $1,632 to $3,503 per month depending on property type and bedroom count.
The most notable year-over-year change is a 5.34% increase for condo/townhome 2BR units in Paradise Valley, AZ.
For 2BR units, single-family homes have a median rent of $2,534 compared to $2,043 for apartments.
What is the rent range in Paradise Valley, AZ for September 2026?
In Paradise Valley (85253), Phoenix metro area, rents range from $1,632 to $3,503 per month depending on property type and bedroom count as of September 2026.
Are rents rising or falling across the segments in Paradise Valley, AZ?
Rents show increases in condo/townhome 2BR (up 5.34% YoY) and single-family 2BR (up 5.22% YoY), while segments like apartment 3BR decreased 1.65% YoY.
What is the lowest-priced rental segment in Paradise Valley, AZ for September 2026?
The most affordable option is a 1BR condo/townhome, with a median rent of $1,632 per month.
Which property and bedroom segment had the highest annual rent growth in Paradise Valley, AZ?
Condo/townhome 2BR units experienced the largest year-over-year increase at 5.34%, with other condo/townhome bedrooms also rising but at lower rates.
Paradise Valley, AZ· Phoenix metro
September 2026
85253
Long-term Rental Rates
Long-term rental rates for Paradise Valley (85253), in the Phoenix metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,711 – $1,891
6.65%
2.20%
2-Bedroom
$1,941 – $2,145
16.52%
-1.00%
3-Bedroom
$2,330 – $2,450
-0.08%
-1.65%
4-Bedroom
$3,238 – $3,375
0.48%
-0.68%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,591 – $1,673
1.81%
-0.06%
2-Bedroom
$2,193 – $2,338
3.23%
5.34%
3-Bedroom
$2,782 – $2,995
2.54%
3.16%
4-Bedroom
$3,300 – $3,442
2.42%
-1.87%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,920 – $2,018
0.15%
2.61%
2-Bedroom
$2,440 – $2,627
5.44%
5.22%
3-Bedroom
$2,886 – $3,065
5.04%
1.35%
4-Bedroom
$3,380 – $3,625
4.84%
-0.97%
Data updated: October 19, 2026
Paradise Valley Rental Trends · Phoenix metro
In the Paradise Valley (85253) rental market, in the Phoenix metro area, 2-bedroom apartments posted a significant monthly increase of 16.52%, reaching $2,043 in September 2026. However, their annual performance dipped by -1%, showing volatility in this segment for Paradise Valley (85253).
Rentals for 3-bedroom condo/townhomes in Paradise Valley (85253) averaged $2,889, which is $499 above the 3-bedroom apartment average of $2,390. The condo segment also saw a 3.16% YoY rise, in contrast with apartments experiencing a -1.65% YoY decline.
Compared to condos/townhomes, Paradise Valley (85253) rental trends indicate 4-bedroom single-family homes declined 0.97% YoY to $3,503, while 4-bedroom condos/townhomes fell 1.87% YoY to $3,402. This shows single-family homes in larger formats experienced slightly gentler rent reductions.