Average Rent in Scottsdale, AZ

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Current Versus Historical Scottsdale, AZ Rents

Scottsdale rentals average $2,300 for a studio rental to $8,500 for a 4-bedroom rental. The median price of all currently available listings is $4,650, or roughly $3 per square feet.
For the apartment units and housing in February 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $120 (-5.18%) year-over-year from $2,320 to $2,200. 1-bedroom rentals prices have decreased by $301 (-15.84%) year-over-year from $1,901 to $1,600. 2-bedroom rentals prices have decreased by $39 (-1.29%) year-over-year from $3,039 to $3,000. 3-bedroom rentals prices have increased by $809 (25.33%) year-over-year from $3,192 to $4,000. 4-bedroom rentals prices have increased by $269 (5.15%) year-over-year from $5,231 to $5,500. 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 21.18% this month. 1-bedroom rents have gone down by 7.38% this month. 2-bedroom rents have gone down by 1.29% this month. 3-bedroom rents have gone up by 11.89% this month. 4-bedroom rents have gone up by 17.44% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.45 $2,200 $2,320 (-5.18%) $1,289 (70.65%)
1 BR $2.92 $1,600 $1,901 (-15.84%) $1,508 (6.08%)
2 BR $3.02 $3,000 $3,039 (-1.29%) $1,817 (65.14%)
3 BR $2.80 $4,000 $3,192 (25.33%) $2,630 (52.10%)
4+ BR $2.71 $5,500 $5,231 (5.15%) $3,475 (58.27%)

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 $2,650 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Maricopa, AZ, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near Scottsdale, AZ is Chandler, AZ. Monthly rents here are on average $2,750 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 83.70% more expensive than other cities nearby. One bedrooms are about 45.47% more expensive. Two bedrooms in Scottsdale, AZ are about 51.66% more expensive. Finally, rent for three bedrooms are about 54.32% 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
Maricopa, AZ N/A N/A N/A $1,950
Mesa, AZ $1,776 $1,330 $1,649 $2,150
Phoenix, AZ $1,362 $1,450 $2,000 $2,600
Tempe, AZ N/A $1,288 $1,650 $2,700
Gilbert, AZ N/A N/A $2,299 $2,725
Chandler, AZ $750 $1,540 $2,250 $2,750

Top Neighborhoods Near Scottsdale

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

The average rent for these 2 neighborhoods in or near Scottsdale, AZ is currently around $5,375 per month. Meaning, only two neighborhoods have a higher average rent than $5,375. Interestingly, the neighborhoods' average rent is higher than Scottsdale's average rent, which is only $4,650. Out of all the neighborhoods in or near Scottsdale, McCormick Ranch has the most affordable average rent at $4,750 per month. Whereas, at $6,000 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
McCormick Ranch, Scottsdale, AZ $2,050 $2,450 $4,500 $4,750
Greyhawk, Scottsdale, AZ N/A $2,475 $4,880 $6,000

Top Counties Near Scottsdale

There are a total of 2 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 8 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 $2,625 per month. In comparison, the zipcode with the most expensive average rent of $14,000 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 $1,750 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $3 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 $2,400 $3,850 $4,500
85251, Scottsdale, AZ N/A $2,498 $3,225 $3,500
85255, Scottsdale, AZ N/A $2,475 $4,880 $6,500
85260, Scottsdale, AZ $6,500 $1,750 $3,500 $3,900
85262, Maricopa County, AZ N/A N/A $5,500 $9,350
85254, Phoenix, AZ N/A $3,325 $3,200 $5,000
85018, Phoenix, AZ N/A $1,700 $3,000 $4,000
85016, Phoenix, AZ N/A $1,475 $3,500 $3,300
85250, Scottsdale, AZ N/A $1,675 $2,850 $3,775
85032, Phoenix, AZ N/A $2,400 $1,700 $2,625

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 $4,650. 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 $2,300 and an average price per square feet of $2.45. There are a total of 12 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 $2,400 and an average price per square feet of $2.92. There are a total of 59 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 $3,775 and an average price per square feet of $3.02. There are a total of 332 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 -0.05%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.25% year-over-year.
What is a reasonable rent price in Scottsdale, AZ?
A reasonable rent price in Scottsdale, AZ is around $3,720/month. You can search for these reasonably priced rental listings on RentHop.
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