Rentometer, Inc. | Data as of 10/23/2025
Paradise Valley, Arizona, is renowned for its upscale residential atmosphere, spacious lots, and breathtaking desert scenery. The city’s rental market reflects this premium lifestyle, offering predominantly single‑family homes that provide ample privacy and stunning views of the surrounding mountains. Prospective renters are drawn to neighborhoods such as Arcadia, Mirabel, and the Canyon Ranch area, where luxury meets convenience, and easy access to world‑class amenities like the Phoenix Open golf course, the Scottsdale Fashion Square, and the iconic Camelback Mountain.
For families and professionals seeking larger living spaces, three‑bedroom houses are a popular choice, typically leasing in the $4,600 range with median rents hovering around $5,000. Those needing even more room—four‑plus bedroom homes—command rents in the $16,800 range, with median values close to $18,000, underscoring the high demand for expansive, high‑end properties. These homes often feature custom designs, private pools, and mature landscaping, catering to renters who value both comfort and prestige.
Beyond the homes themselves, Paradise Valley’s appeal is amplified by its proximity to cultural landmarks such as Frank Lloyd Wright’s Taliesin West, upscale dining on East Camelback Road, and a host of boutique shopping options. The city’s well‑maintained streets, top‑rated schools, and extensive network of hiking trails make it an ideal location for those seeking a refined Arizona lifestyle while enjoying the convenience of nearby urban amenities. Whether you’re the first‑time renter or looking to upgrade, Paradise Valley offers an exceptional rental experience in one of the Southwest’s most desirable locales.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $4,683 | $5,000 | $3,450 - $5,599 | $3,450 - $5,599 |
| House | 4+ Bedroom | $16,785 | $17,995 | $5,495 - $26,850 | $11,975 - $22,495 |
In the current period, the average rent in Paradise Valley was
$4,683 for 3 Bedroom, and
$13,552 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.