Paradise Valley

Mountain Shadows aerial
Homes sit on multiple levels in Paradise Valley.
Paradise Valley offers a quiet neighborhood feel to its residents.
Explore the Dixie Peak trailhead in Paradise Valley.
Camelback Golf Club offers an 18 hole course in Paradise Valley.

Paradise Valley, AZ Area Guide

Avg Rent

$2,470

Population

14,357

Renter Mix

5% Rent

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.

Explore the City

Paradise Valley offers a quiet neighborhood feel to its residents.

Explore the Dixie Peak trailhead in Paradise Valley.

Camelback Golf Club offers an 18 hole course in Paradise Valley.

During the summertime, take a dip in the local Paradise Valley pool.

Indian Bend Wash Park has something for everyone in Paradise Valley.

Original Breakfast House in Paradise Valley offers a cozy and eclectic interior.

Demographics

Median Household Income

$218,050

Average: $216,076

Education

8,259

Residents Have a Degree

Job Market

6,171

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

53 Years

Largest Age Group

60-69 Years

Approximately 18% of Residents

Under 20

19%

Over 65

30%

Housing Distribution

Paradise Valley has more homeowners than renters.

Renters
5%
Non-Renters
95%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
54%
Other Education
46%

Rent Trends

As of May 2026, the average apartment rent in Paradise Valley, AZ is $2,470 for one bedroom. Apartment rent in Paradise Valley has increased by 2.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,470/month
547 Sq Ft
House
$11,267/month
2,920 Sq Ft
Condo
$3,765/month
1,179 Sq Ft
Townhome
$4,613/month
1,671 Sq Ft
See Rental Market Trends in Paradise Valley, AZ

Getting Around

Not Walkable

Walkability

10 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Cherokee Elementary School

Public

Grades PK-5

689 Students

Kiva Elementary School

Public

Grades PK-5

608 Students

Montessori Academy

Public

Grades K-8

107 Students

Montessori Academy

Public

Grades K-8

107 Students

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.