Scottsdale, AZ Rental Market Trends

Highlights

The average rent for an apartment in Scottsdale is $1,434, a 9% increase compared to the previous year, when the average rent was $1,322.

Average Rent in Scottsdale, AZ

Last updated May 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,434 9% 943 sq. ft.

The average size for a Scottsdale, AZ apartment is 943 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Scottsdale, AZ Apartment Rent Ranges

  • $701-$1,0008%
  • $1,001-$1,50061%
  • $1,501-$2,00023%
  • > $2,0009%

Scottsdale, AZ Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Scottsdale, AZ $1,244 $1,245 $1,262 $1,288 $1,305 $1,322 $1,362 $1,359 $1,434
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Scottsdale, AZ By Neighborhood

The most affordable neighborhoods in Scottsdale are East Shea, where the average rent goes for $1,144/month, Cactus Corridor, where renters pay $1,308/mo on average, and Via Linda Corridor, where the average rent goes for $1,328/mo. If you’re looking for other great deals, check out the listings from Horizons ($1,357), McDowell Mountain Ranch ($1,381), and McCormick Ranch ($1,398), where the asking prices are below the average Scottsdale rent of $1,434/mo.

The most expensive neighborhoods in Scottsdale are Monterra ($1,549), Pinnacle Peak ($1,549) and Troon ($1,549).

Scottsdale | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Arcadia is 13% higher than in Cactus Corridor

$1,476

Arcadia rent is 3% higher than Scottsdale average

Average Rent $1,476
$1,308

Cactus Corridor rent is 9% lower than Scottsdale average

Average Rent $1,308

How Does Scottsdale Compare to Nearby Cities

Average Rent Y-o-Y Change
Phoenix $1,014 8%
Mesa $977 9%
Buckeye $958 -16%
Tempe $1,305 6%
Scottsdale $1,434 9%
Glendale $937 8%
Chandler $1,252 8%
Gilbert $1,228 7%
Avondale $1,092 7%
Peoria $1,140 11%
Goodyear $1,180 7%

For more information about the Scottsdale rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Scottsdale apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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