Average Rent in McCormick Ranch, Scottsdale, AZ

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Current Versus Historical McCormick Ranch, Scottsdale, AZ Rents

McCormick Ranch rentals average $2,000 for a studio rental to $6,925 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $920 (60.13%) year-over-year from $1,530 to $2,450. 1-bedroom rentals prices have increased by $49 (2.70%) year-over-year from $1,799 to $1,848. 2-bedroom rentals prices have increased by $758 (34.57%) year-over-year from $2,192 to $2,950. 3-bedroom rentals prices have increased by $254 (5.99%) year-over-year from $4,246 to $4,500. 4-bedroom rentals prices have increased by $992 (18.00%) year-over-year from $5,508 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 8.89% this month. 1-bedroom rents have gone up by 6.68% this month. 2-bedroom rents have gone up by 4.42% this month. 3-bedroom rents have gone up by 6.93% this month. 4-bedroom rents have gone up by 41.61% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.85 $2,450 $1,530 (60.13%) $1,189 (106.07%)
1 BR $3.01 $1,848 $1,799 (2.70%) $1,419 (30.23%)
2 BR $3.05 $2,950 $2,192 (34.57%) $1,900 (55.24%)
3 BR $2.61 $4,500 $4,246 (5.99%) $3,092 (45.55%)
4+ BR $2.28 $6,500 $5,508 (18.00%) $4,300 (51.16%)

Historical Rents in McCormick Ranch, Scottsdale, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near McCormick Ranch

There are a total of 7 cities nearby McCormick Ranch. The average rent in McCormick Ranch is currently $2,800 per month. A total of 7 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 McCormick Ranch, Scottsdale, AZ is Scottsdale, AZ. Monthly rents here are on average $4,500 per month.

Let's compare McCormick Ranch, Scottsdale, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in McCormick Ranch, Scottsdale, AZ is 14.05% more expensive than other cities nearby. One bedrooms are about 41.49% more expensive. Two bedrooms in McCormick Ranch, Scottsdale, AZ are about 55.67% more expensive. Finally, rent for three bedrooms are about 39.46% more expensive. Want more information? Check out the top 7 cities near McCormick Ranch, 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 McCormick Ranch

There are a total of 1 neighborhoods in or near McCormick Ranch. We've included all of these top 1 neighborhoods in or near McCormick Ranch, Scottsdale, AZ in the following chart.

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

Top Counties Near McCormick Ranch

There are a total of 1 counties located by McCormick Ranch, Scottsdale, AZ.

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

Top Zipcodes Near McCormick Ranch

There are a total of 14 zipcodes in or near McCormick Ranch, Scottsdale, AZ. The average rent for all of these zipcodes is $3,893. A total of 9 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 McCormick Ranch, Scottsdale, AZ is $1,875 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,275 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in McCormick Ranch, 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
85250, Scottsdale, AZ N/A $3,050 $2,800 $3,400
85253, Paradise Valley, AZ N/A $2,700 $3,500 $10,950
85260, Scottsdale, AZ N/A $1,600 $3,500 $3,800
85254, Phoenix, AZ N/A $2,925 $3,050 $5,000
85251, Scottsdale, AZ N/A $2,450 $2,588 $3,000
85018, Phoenix, AZ N/A $1,600 $3,000 $3,985
85032, Phoenix, AZ N/A $1,900 $1,650 $2,450
85255, Scottsdale, AZ N/A $1,850 $4,500 $5,950
85281, Tempe, AZ N/A $1,395 $1,595 $2,400

Frequently Asked Questions - McCormick Ranch Average Rents

What is the average rent price in McCormick Ranch, Scottsdale, AZ?
The average monthly rental price for McCormick Ranch, Scottsdale, AZ apartments for rent is approximately $4,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do McCormick Ranch, 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 McCormick Ranch, Scottsdale, AZ.
How much is a studio apartment in McCormick Ranch, Scottsdale, AZ?
The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $3.85. There are a total of 3 studio apartment listings currently available for rent in McCormick Ranch.
How much is a one bedroom apartment in McCormick Ranch, Scottsdale, AZ?
The average monthly rental price for one bedroom apartments is $2,350 and an average price per square feet of $3.01. There are a total of 11 one bedroom apartment listings currently available for rent in McCormick Ranch.
How much is a two bedroom apartment in McCormick Ranch, Scottsdale, AZ?
The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $3.05. There are a total of 35 two bedroom apartment listings currently available for rent in McCormick Ranch.
How have rent prices in McCormick Ranch, Scottsdale, AZ changed this year?
Rent prices for rentals in McCormick Ranch, Scottsdale, AZ can fluctuate yearly. Specifically, studio rental prices have changed by 0.60%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.35%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in McCormick Ranch, Scottsdale, AZ?
A reasonable rent price in McCormick Ranch, Scottsdale, AZ is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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