Scottsdale, AZ Rental Market Trends

Highlights

The average rent for an apartment in Scottsdale is $1,359, a 4% increase compared to the previous year, when the average rent was $1,305.

Studio apartments in Scottsdale rent for $959 a month, while 1-bedroom apartments ask on average $1,197 a month; the average rent for a 2-bedroom apartment is $1,466.

Average Rent in Scottsdale, AZ

Last updated Sep 2018

	All rentals	Studio	1 Bed	2 Beds	3 Beds
Average Rent	$1,359	$959	$1,197	$1,466	$1,775
Y-o-Y Change	4%	7%	4%	5%	n/a
Average Apartment Size	943 sq. ft.	512 sq. ft.	758 sq. ft.	1,064 sq. ft.	1,295 sq. ft.

The average size for a Scottsdale apartment is 943 square feet, but this number varies greatly depending on apartment type. A studio averages 512 sq. ft., while a one-bedroom apartment offers a more generous square footage: 758. 2-bedroom apartments in Scottsdale have an average size of 1,064 sq. ft.

Scottsdale, AZ Apartment Rent Ranges

$701-$1,00075%
$1,001-$1,50023%
$1,501-$2,0002%

Scottsdale, AZ Rent Trends

Average Rent All rentals		Studio	1 Bed	2 Beds	3 Beds
Sep / 2018	$1,359	$959	$1,197	$1,466	$1,775
Jan / 2018	$1,362	$959	$1,197	$1,471	$1,778
Sept / 2017	$1,322	$979	$1,158	$1,417	$1,795
May / 2017	$1,305	$892	$1,147	$1,397	$1,772
Jan / 2017	$1,288	$920	$1,135	$1,382	$1,710
Sept / 2016	$1,262	$869	$1,113	$1,354	$1,662
May / 2016	$1,245	$845	$1,106	$1,320	$1,701
Jan / 2016	$1,244	$814	$1,095	$1,337	$1,647
Sept / 2015	$1,227	$822	$1,074	$1,319	$1,642
May / 2015	$1,182	$777	$1,043	$1,271	$1,545

Average Rent in Scottsdale, AZ By Neighborhood

Arcadia

$1,406

Monterey

$1,399

Indian Bend

$1,361

West Cactus

$1,358

McDowell Mountain Ranch

$1,329

McCormick Ranch

$1,315

Horizons

$1,291

Via Linda Corridor

$1,263

Cactus Corridor

$1,248

Average Rent
Neighborhood	All rentals	Studio	1 Bed	2 Beds	3 Beds
Cactus Corridor	$1,248	$1,119	$1,104	$1,337	$1,624
Via Linda Corridor	$1,263	$1,041	$1,104	$1,352	$1,672
Horizons	$1,291	$1,119	$1,137	$1,374	$1,647
McCormick Ranch	$1,315	$933	$1,104	$1,400	$1,826
McDowell Mountain Ranch	$1,329	$1,119	$1,154	$1,421	$1,782
West Cactus	$1,358	$1,283	$1,227	$1,429	$1,613
Indian Bend	$1,361	$915	$1,196	$1,508	$1,900
Monterey	$1,399	$922	$1,217	$1,599	$2,025
Arcadia	$1,406	$922	$1,219	$1,616	$2,045

The most affordable neighborhoods in Scottsdale are Cactus Corridor, where the average rent goes for $1,248/month, Via Linda Corridor, where renters pay $1,263/mo on average, and Horizons, where the average rent goes for $1,291/mo. If you’re looking for other great deals, check out the listings from McCormick Ranch ($1,315), McDowell Mountain Ranch ($1,329), and West Cactus ($1,358), where the asking prices are below the average Scottsdale rent of $1,359/mo.

The most expensive neighborhoods in Scottsdale are Indian Bend ($1,361), Monterey ($1,399) and Arcadia ($1,406).

Scottsdale | Rent Comparison by Neighborhood

Rent in Arcadia is 13% higher than in Cactus Corridor

$1,406

Arcadia rent is 3% higher than Scottsdale average

All rentals	$1,406
Studio	$922
1 Bed	$1,219
2 Beds	$1,616
3 Beds	$2,045

$1,248

Cactus Corridor rent is 8% lower than Scottsdale average

All rentals	$1,248
Studio	$1,119
1 Bed	$1,104
2 Beds	$1,337
3 Beds	$1,624

How Does Scottsdale Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Phoenix	$956	3%
Glendale	$866	2%
Tempe	$1,258	3%
Mesa	$912	1%
Buckeye	$1,102	-2%
Surprise	$1,114	6%
Scottsdale	$1,359	4%
Peoria	$1,062	6%
Chandler	$1,162	4%
Avondale	$1,011	0%
Gilbert	$1,149	4%

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.