Apartments for Rent in Paradise Valley, AZ

Prices and availability in Paradise Valley, AZ were last updated on 5 Nov 2026.

The best apartments in Paradise Valley, AZ are: The Lincoln Scottsdale, Mosaic, Montclair Scottsdale and 6770 E Bluebird Ln.

The average rent in Paradise Valley, AZ is $1,881.

The price range for a studio apartment in Paradise Valley, AZ is between $1,636 and $4,378.

The price range for a 1-bedroom apartment in Paradise Valley, AZ is between $1,482 and $5,211.

The price range for a 2-bedroom apartment in Paradise Valley, AZ is between $1,637 and $5,623.

The price range for a 3-bedroom apartment in Paradise Valley, AZ is between $2,241 and $4,995.

In Paradise Valley, 5% of the residents are renting compared to 95% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Paradise Valley's rentals, 15% are small-scale complexes with under 50 units, and 85% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Paradise Valley are about 24 years old, on average. Of these, 46% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Paradise Valley come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 55% of all rentals in Paradise Valley. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.