Average Rent in Scottsdale, AZ

Current Versus Historical Scottsdale, AZ Rents

Scottsdale rentals average $3,200 for a studio rental to $8,250 for a 4-bedroom rental. The median price of all currently available listings is $4,288, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $402 (17.03%) year-over-year from $2,358 to $2,760. 1-bedroom rentals prices have increased by $417 (25.10%) year-over-year from $1,662 to $2,080. 2-bedroom rentals prices have increased by $99 (3.68%) year-over-year from $2,677 to $2,775. 3-bedroom rentals prices have increased by $687 (21.37%) year-over-year from $3,213 to $3,900. 4-bedroom rentals prices have increased by $2,075 (46.89%) year-over-year from $4,425 to $6,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 42.37% this month. 1-bedroom rents have gone up by 11.26% this month. 2-bedroom rents have gone up by 2.35% this month. 3-bedroom rents have gone up by 11.45% this month. 4-bedroom rents have gone up by 21.52% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.64	$2,760	$2,358 (17.03%)	$1,678 (64.45%)
1 BR	$2.83	$2,080	$1,662 (25.10%)	$1,542 (34.89%)
2 BR	$2.70	$2,775	$2,677 (3.68%)	$2,076 (33.65%)
3 BR	$2.61	$3,900	$3,213 (21.37%)	$2,900 (34.48%)
4+ BR	$2.62	$6,500	$4,425 (46.89%)	$3,949 (64.59%)

Historical Rents in Scottsdale, AZ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Scottsdale

There are a total of 6 cities nearby Scottsdale. The average rent in Scottsdale is currently $2,769 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Mesa, AZ, with an average rent of $2,395, is the most affordable city nearby. In contrast, the most expensive city near Scottsdale, AZ is Fountain Hills, AZ. Monthly rents here are on average $3,000 per month.

Let's compare Scottsdale, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Scottsdale, AZ is 43.68% more expensive than other cities nearby. One bedrooms are about 30.68% more expensive. Two bedrooms in Scottsdale, AZ are about 39.55% more expensive. Finally, rent for three bedrooms are about 46.75% more expensive. Want more information? Check out the top 6 cities near Scottsdale, AZ in the following chart.

City	Studio	1 Bed	2 Bed	All
Mesa, AZ	$4,500	$1,500	$1,748	$2,395
Phoenix, AZ	$1,930	$1,550	$2,100	$2,700
Chandler, AZ	$800	$2,025	$1,950	$2,763
Tempe, AZ	$2,218	$1,297	$1,700	$2,775
Gilbert, AZ	N/A	N/A	$2,300	$2,825
Fountain Hills, AZ	$1,675	$2,750	$2,775	$3,000

Top Neighborhoods Near Scottsdale

There are a total of 3 neighborhoods in or near Scottsdale. Some of these neighborhoods include Downtown Scottsdale, McCormick Ranch, and Greyhawk. We've included all of these top 3 neighborhoods in or near Scottsdale, AZ in the following chart.

The average rent for these 3 neighborhoods in or near Scottsdale, AZ is currently around $4,500 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,500. Interestingly, the neighborhoods' average rent is higher than Scottsdale's average rent, which is only $4,288. Out of all the neighborhoods in or near Scottsdale, Downtown Scottsdale has the most affordable average rent at $3,995 per month. Whereas, at $5,498 average rent per month, Greyhawk is the most expensive neighborhood in or near Scottsdale. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Scottsdale, Scottsdale, AZ	N/A	$2,950	$3,999	$3,995
McCormick Ranch, Scottsdale, AZ	$2,000	$2,350	$4,500	$4,500
Greyhawk, Scottsdale, AZ	N/A	$1,823	$4,500	$5,498

Top Counties Near Scottsdale

There are a total of 3 counties located by Scottsdale, AZ.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Scottsdale

There are a total of 13 zipcodes in or near Scottsdale, AZ. The average rent for all of these zipcodes is $4,000. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85032, Phoenix, AZ at $2,375 per month. In comparison, the zipcode with the most expensive average rent of $10,750 per month is 85253, Paradise Valley, AZ.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Scottsdale, AZ is $1,997 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,000 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Scottsdale, AZ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
85258, Maricopa County, AZ	$2,000	$2,500	$3,500	$4,350
85251, Scottsdale, AZ	N/A	$1,997	$2,600	$3,000
85255, Scottsdale, AZ	N/A	$1,850	$4,200	$5,500
85260, Scottsdale, AZ	N/A	$1,575	$3,000	$3,600
85262, Maricopa County, AZ	N/A	N/A	$5,750	$9,000
85254, Phoenix, AZ	N/A	$2,700	$2,995	$4,645
85018, Phoenix, AZ	N/A	$2,200	$2,400	$4,000
85250, Scottsdale, AZ	N/A	$2,070	$2,750	$3,400
85032, Phoenix, AZ	N/A	$1,750	$1,873	$2,375
85253, Paradise Valley, AZ	N/A	$2,700	$3,800	$10,750

Frequently Asked Questions - Scottsdale Average Rents

What is the average rent price in Scottsdale, AZ?

The average monthly rental price for Scottsdale, AZ apartments for rent is approximately $4,288. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Scottsdale, AZ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Scottsdale, AZ.

How much is a studio apartment in Scottsdale, AZ?

The average monthly rental price for studio apartments is $3,200 and an average price per square feet of $2.64. There are a total of 6 studio apartment listings currently available for rent in Scottsdale.

How much is a one bedroom apartment in Scottsdale, AZ?

The average monthly rental price for one bedroom apartments is $2,200 and an average price per square feet of $2.83. There are a total of 83 one bedroom apartment listings currently available for rent in Scottsdale.

How much is a two bedroom apartment in Scottsdale, AZ?

The average monthly rental price for two bedroom apartments is $3,350 and an average price per square feet of $2.70. There are a total of 402 two bedroom apartment listings currently available for rent in Scottsdale.

How have rent prices in Scottsdale, AZ changed this year?

Rent prices for rentals in Scottsdale, AZ can fluctuate yearly. Specifically, studio rental prices have changed by 0.17%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.21% year-over-year.

What is a reasonable rent price in Scottsdale, AZ?

A reasonable rent price in Scottsdale, AZ is around $3,430/month. You can search for these reasonably priced rental listings on RentHop.