Average Rent in 85251, Scottsdale, AZ

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Current Versus Historical 85251, Scottsdale, AZ Rents

85251 rentals average $0 for a studio rental to $6,250 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $969 (-46.91%) year-over-year from $2,066 to $1,097. 1-bedroom rentals prices have decreased by $310 (-15.41%) year-over-year from $2,010 to $1,700. 2-bedroom rentals prices have decreased by $664 (-23.61%) year-over-year from $2,814 to $2,150. 3-bedroom rentals prices have decreased by $158 (-5.22%) year-over-year from $3,033 to $2,875. 4-bedroom rentals prices have decreased by $2,018 (-32.33%) year-over-year from $6,243 to $4,225. 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 down by 38.75% this month. 1-bedroom rents have gone down by 10.92% this month. 2-bedroom rents have gone down by 15.40% this month. 3-bedroom rents have gone down by 14.77% this month. 4-bedroom rents have gone down by 0.59% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.91 $1,700 $2,010 (-15.41%) $1,740 (-2.28%)
2 BR $2.64 $2,150 $2,814 (-23.61%) $2,207 (-2.60%)
3 BR $2.46 $2,875 $3,033 (-5.22%) $2,473 (16.24%)
4+ BR $2.58 $4,225 $6,243 (-32.33%) $3,640 (16.07%)

Historical Rents in 85251, Scottsdale, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 85251

There are a total of 7 cities nearby 85251. The average rent in 85251 is currently $2,800 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 $2,200, is the most affordable city nearby. In contrast, the most expensive city near 85251, Scottsdale, AZ is Scottsdale, AZ. Monthly rents here are on average $4,500 per month.

Let's compare 85251, Scottsdale, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 85251, Scottsdale, AZ is inf% more affordable than other cities nearby. One bedrooms are about 43.87% more expensive. Two bedrooms in 85251, Scottsdale, AZ are about 22.90% more expensive. Finally, rent for three bedrooms are about 30.00% more expensive. Want more information? Check out the top 7 cities near 85251, Scottsdale, AZ in the following chart.
City Studio 1 Bed 2 Bed All
Mesa, AZ $2,865 $1,285 $1,695 $2,200
Phoenix, AZ $1,647 $1,350 $1,995 $2,518
Chandler, AZ $775 $1,680 $1,900 $2,799
Tempe, AZ $1,719 $1,375 $1,600 $2,800
Gilbert, AZ $6,031 N/A $2,625 $2,800
Fountain Hills, AZ $1,713 $2,750 $2,800 $2,900
Scottsdale, AZ $2,400 $2,298 $3,500 $4,500

Top Neighborhoods Near 85251

There are a total of 2 neighborhoods in or near 85251. We've included all of these top 2 neighborhoods in or near 85251, Scottsdale, AZ in the following chart.

The average rent for these 2 neighborhoods in or near 85251, Scottsdale, AZ is currently around $5,000 per month. Meaning, only two neighborhoods have a higher average rent than $5,000. Interestingly, the neighborhoods' average rent is higher than 85251's average rent, which is only $3,000. Out of all the neighborhoods in or near 85251, McCormick Ranch has the most affordable average rent at $4,500 per month. Whereas, at $5,500 average rent per month, Greyhawk is the most expensive neighborhood in or near 85251. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
McCormick Ranch, Scottsdale, AZ $2,000 $2,350 $4,500 $4,500
Greyhawk, Scottsdale, AZ N/A $1,823 $4,500 $5,500

Top Counties Near 85251

There are a total of 2 counties located by 85251, Scottsdale, AZ.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 85251

There are a total of 13 zipcodes in or near 85251, Scottsdale, AZ. The average rent for all of these zipcodes is $3,985. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85281, Tempe, AZ at $2,400 per month. In comparison, the zipcode with the most expensive average rent of $10,950 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 85251, Scottsdale, AZ is $1,850 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 85251, 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 $2,350 $3,500 $4,225
85255, Scottsdale, AZ N/A $1,850 $4,500 $5,950
85260, Scottsdale, AZ N/A $1,600 $3,500 $3,800
85262, Maricopa County, AZ N/A N/A $5,750 $9,000
85254, Phoenix, AZ N/A $2,925 $3,050 $5,000
85018, Phoenix, AZ N/A $1,600 $3,000 $3,985
85250, Scottsdale, AZ N/A $3,050 $2,800 $3,400
85253, Paradise Valley, AZ N/A $2,700 $3,500 $10,950
85032, Phoenix, AZ N/A $1,900 $1,650 $2,450
85281, Tempe, AZ N/A $1,395 $1,595 $2,400

Frequently Asked Questions - 85251 Average Rents

What is the average rent price in 85251, Scottsdale, AZ?
The average monthly rental price for 85251, Scottsdale, AZ apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 85251, 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 85251, Scottsdale, AZ.
How much is a studio apartment in 85251, Scottsdale, AZ?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 85251.
How much is a one bedroom apartment in 85251, Scottsdale, AZ?
The average monthly rental price for one bedroom apartments is $2,450 and an average price per square feet of $2.91. There are a total of 38 one bedroom apartment listings currently available for rent in 85251.
How much is a two bedroom apartment in 85251, Scottsdale, AZ?
The average monthly rental price for two bedroom apartments is $2,588 and an average price per square feet of $2.64. There are a total of 64 two bedroom apartment listings currently available for rent in 85251.
How have rent prices in 85251, Scottsdale, AZ changed this year?
Rent prices for rentals in 85251, Scottsdale, AZ can fluctuate yearly. Specifically, studio rental prices have changed by -0.47%, one bedroom rental prices have changed by -0.15%, two bedroom rental prices have changed by -0.24%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 85251, Scottsdale, AZ?
A reasonable rent price in 85251, Scottsdale, AZ is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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