Apartments for rent in Paradise Valley, priced and graded.

Median asking rent in Paradise Valley is $20,000/mo across 61 available listings. Current residents pay a median of $3,501/mo (Census estimate) — 101% above the Phoenix average and 150% above the national one. 5% of the 12,611 people here rent. Fairway tracks 62 Paradise Valley properties across 9 sources, refreshed hourly.

See rent by bedroom
#2Best for Familiesof 49
#3Best Places to Liveof 50
#6Best for Young Professionalsof 51
#5Best Public Schoolsof 34

How much is rent in Paradise Valley?

A two-bedroom in Paradise Valley runs $16,500/mo, from live listings across our index.

No. of bedsMedian% of rentalsUnits availableFind places
1 Bedroom$2,000/mo2%1Find places →
2 Bedroom$16,500/mo5%3Find places →
3+ Bedroom$20,000/mo93%57Find places →

Medians: live listings in Fairway's rental index for Paradise Valley, computed at page load. Availability refreshed continuously.

Rent affordability
$/yr

Comfortable is the 30% rule; landlords here typically require 2.5–3× the monthly rent in gross income. Paradise Valley's $20,000/mo median asking rent sits in your out of range range.

Who rents in Paradise Valley

Census Rent Data

Rent Distribution

How much residents in Paradise Valley pay in rent (Census data).

$2,000+
100%

Is Paradise Valley a good place to live?

Yes: Paradise Valley grades A overall — strongest on public schools, weakest on housing.

Neighborhood Grades

Powered byNiche
Public SchoolsA
Cost of LivingC
SafetyB
NightlifeA-
Outdoor ActivitiesA-
WalkabilityB

Weather

Average Temperatures

Monthly high and low temperatures in Paradise Valley.

110°75°40°
67°
46°
71°
49°
77°
54°
85°
60°
95°
69°
104°
78°
106°
84°
104°
83°
100°
77°
89°
65°
76°
53°
66°
45°
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Nov
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Demographics & Diversity

Population, age distribution, and diversity breakdown for Paradise Valley.

Population12,611
Median Income$247K
White
81%
Hispanic
8%
Asian
5%
Two or More
4%
Pacific Islander
2%

Commute & Transportation

How residents of Paradise Valley get to work.

Drive Alone65%
Walk/Bike0%
Work from Home26%

Housing Stock

Types of Housing

Housing type and age distribution in Paradise Valley.

Home Types

Single Family
96%
Townhouse
2%
Small Apt Building
1%
Large Apt Building
1%
Mobile Home
0%

Home Age

2000–Present
27%
1980–1999
31%
1960–1979
33%
1940–1959
9%

Schools

Renting in Paradise Valley, explained

What is the average rent in Paradise Valley?
The median asking rent in Paradise Valley is $20,000/mo across 61 available listings in Fairway's index. Current residents pay a median of $3,501/mo (Census estimate), which includes long-held leases.
Is Paradise Valley a good place to live?
Yes: Paradise Valley grades A overall — strongest on public schools, weakest on housing.
What income do I need to rent in Paradise Valley?
At the 30% rule, the $20,000/mo median asking rent in Paradise Valley takes about $800,000 a year in gross income. Landlords typically ask for 2.5–3× the monthly rent.
How many people rent in Paradise Valley?
5% of Paradise Valley's 12,611 residents rent rather than own.
How many rentals are available in Paradise Valley right now?
61 rentals are available in Paradise Valley right now, across the 62 rental properties Fairway tracks there, refreshed continuously across our listing sources.
Is Paradise Valley cheaper than the rest of Phoenix?
By what current residents pay (Census estimates), Paradise Valley's $3,501/mo median is 101% above the Phoenix average.

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Apartments for Rent in Paradise Valley — Rent Prices & Grades | Fairway