Paradise Valley

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Paradise Valley, AZ

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Experience one of the finest communities in the Phoenix area

Suburban Great Schools Upscale Scenic Peaceful

Paradise Valley is a luxury, suburban community located just off the northeastern corner of Phoenix. Paradise Valley is known as one of metro Phoenix’s most desirable cities, with its landscape almost entirely filled by residential neighborhoods and golf courses paired with terrific schools and a peaceful atmosphere. Amenity-laden apartment communities, luxurious houses, and modern condos and townhomes make up Paradise Valley’s thriving rental scene.

The rugged landscape of the region offers stunning scenery and opportunities for hiking and mountain biking. The Phoenix Mountains Preserve is located a few minutes west of town while Mummy Mountain is Paradise Valley’s scenic centerpiece. For those looking for indoor fun, the city offers art galleries like Cosanti Originals. Countless options of restaurants and retailers lie a few minutes south of Paradise Valley in Downtown Scottsdale.

Rent Trends

As of March 2025, the average apartment rent in Paradise Valley, AZ is $2,406 for one bedroom. Apartment rent in Paradise Valley has increased by 46.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,406/month
547 Sq Ft
House
$14,978/month
3,503 Sq Ft
Condo
$2,266/month
993 Sq Ft
Townhome
$4,527/month
1,571 Sq Ft
See Rental Market Trends in Paradise Valley, AZ

Transportation

26

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

8

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

39

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Cherokee Elementary School

Public

Grades PK-5

659 Students

10
out of 10

Kiva Elementary School

Public

Grades PK-6

527 Students

9
out of 10

Points of Interest

Parks and Recreation

  • Cholla Trailhead - Camelback Mountain
  • Tonto National Forest
  • Granada Park
  • Dreamy Draw Recreation Area
  • Arcadia Park

Commuter Rail

Airports

  • Phoenix Sky Harbor International
  • Phoenix-Mesa Gateway

Top Apartments in Paradise Valley

Houses for Rent in Paradise Valley

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.