Apartments for Rent in Paradise Valley, AZ

Prices and availability in Paradise Valley, AZ were last updated on 12 Jun 2026.

The best apartments in Paradise Valley, AZ are: The Lincoln Scottsdale, Mosaic 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 $1,815 and $5,567.

The price range for a 1-bedroom apartment in Paradise Valley, AZ is between $1,401 and $8,621.

The price range for a 2-bedroom apartment in Paradise Valley, AZ is between $1,522 and $5,015.

The price range for a 3-bedroom apartment in Paradise Valley, AZ is between $1,738 and $3,387.

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 average age of rental buildings in Paradise Valley is 24 years old, with 46% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.