Scottsdale, AZ Rental Market Trends
Highlights
The average rent for an apartment in Scottsdale is $1,598, a 8% increase compared to the previous year.
Average Rent in Scottsdale, AZ
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,598 | 8% | 944 sq. ft. |
The average size for a Scottsdale, AZ apartment is 944 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,0003%
- $1,001-$1,50048%
- $1,501-$2,00035%
- > $2,00014%
Scottsdale, AZ Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
48,562 or 43% of the households in Scottsdale, AZ are renter-occupied while 62,659 or 56% are owner-occupied.
Scottsdale, AZ Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scottsdale, AZ | $1,261 | $1,288 | $1,305 | $1,322 | $1,359 | $1,364 | $1,444 | $1,475 | $1,497 | $1,531 | $1,598 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Scottsdale, AZ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Via Linda Corridor | $1,525 |
| McCormick Ranch | $1,567 |
| Indian Bend | $1,575 |
| Horizons | $1,578 |
| McDowell Mountain Ranch | $1,584 |
| Monterey | $1,631 |
| Downtown Scottsdale | $1,639 |
| West Cactus | $1,642 |
| Troon | $1,733 |
| Pinnacle Peak | $1,733 |
| Grayhawk | $1,733 |
| DC Ranch | $1,733 |
The most affordable neighborhoods in Scottsdale are Via Linda Corridor, where the average rent goes for $1,525/month, McCormick Ranch, where renters pay $1,567/mo on average, and Indian Bend, where the average rent goes for $1,575/mo. If you’re looking for other great deals, check out the listings from Horizons ($1,578), McDowell Mountain Ranch ($1,584), and Monterey ($1,631), where the asking prices are below the average Scottsdale rent of $1,598/mo.
The most expensive neighborhoods in Scottsdale are Grayhawk ($1,733), Pinnacle Peak ($1,733) and Troon ($1,733).
The most popular neighborhood in Scottsdale is Indian Bend, where there are 15 verified RENTCafé listings with an average rent of $1,575. Next up is Monterey, where apartments go for $1,631/month, followed by Downtown Scottsdale with $1,639 If you’re looking to rent in Scottsdale’s most popular neighborhoods, make sure to also check out West Cactus, where renters pay $1,642 on average, and Horizons, where the average monthly rent is $1,578.
Scottsdale | Rent Comparison by Neighborhood
Rent in DC Ranch is 6% higher than in Downtown Scottsdale
DC Ranch rent is 8% higher than Scottsdale average
| Average Rent | $1,733 |
|---|
Downtown Scottsdale rent is 3% higher than Scottsdale average
| Average Rent | $1,639 |
|---|
How Scottsdale Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Phoenix | $1,141 | 10% |
| Tucson | $921 | 6% |
| Mesa | $1,098 | 9% |
| Tempe | $1,419 | 6% |
| Scottsdale | $1,598 | 8% |
| Glendale | $1,045 | 9% |
| Chandler | $1,390 | 8% |
| Peoria | $1,241 | 7% |
| Gilbert | $1,338 | 8% |
| Avondale | $1,222 | 12% |
| Surprise | $1,308 | 11% |
For more information about the Scottsdale rental trends, check out our monthly rent report
Check out Arizona Cities, Arizona Neighborhoods and Arizona Zip Codes for more details on verified listings, including the Arizona Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!