Average Rent in Scottsdale, AZ

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Current Versus Historical Scottsdale, AZ Rents

Scottsdale rentals average $2,100 for a studio rental to $8,500 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 fallenover the last year. Studio rentals prices have decreased by $1,576 (-58.92%) year-over-year from $2,675 to $1,099. 1-bedroom rentals prices have decreased by $161 (-8.67%) year-over-year from $1,856 to $1,695. 2-bedroom rentals prices have decreased by $366 (-12.78%) year-over-year from $2,863 to $2,497. 3-bedroom rentals prices have increased by $569 (18.18%) year-over-year from $3,131 to $3,700. 4-bedroom rentals prices have increased by $1,851 (39.81%) year-over-year from $4,649 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 down by 37.30% this month. 1-bedroom rents have gone down by 2.64% this month. 2-bedroom rents have gone down by 13.05% this month. 3-bedroom rents have gone up by 0.96% this month. 4-bedroom rents have gone up by 28.72% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.88 $1,099 $2,675 (-58.92%) $1,671 (-34.21%)
1 BR $2.91 $1,695 $1,856 (-8.67%) $1,577 (7.51%)
2 BR $2.79 $2,497 $2,863 (-12.78%) $2,046 (22.06%)
3 BR $2.68 $3,700 $3,131 (18.18%) $2,833 (30.63%)
4+ BR $2.69 $6,500 $4,649 (39.81%) $3,833 (69.60%)

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 $2,800 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 $2,250, 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 $2,900 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 18.30% more expensive than other cities nearby. One bedrooms are about 40.70% more expensive. Two bedrooms in Scottsdale, AZ are about 44.36% more expensive. Finally, rent for three bedrooms are about 44.75% 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 $2,865 $1,292 $1,695 $2,250
Phoenix, AZ $1,647 $1,350 $1,995 $2,500
Chandler, AZ $775 $1,680 $1,900 $2,800
Gilbert, AZ $6,031 N/A $2,800 $2,800
Tempe, AZ $1,719 $1,375 $1,600 $2,825
Fountain Hills, AZ $1,713 $2,750 $2,850 $2,900

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 $5,000 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Scottsdale's average rent, which is only $4,500. Out of all the neighborhoods in or near Scottsdale, 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 Scottsdale. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
McCormick Ranch, Scottsdale, AZ $2,050 $2,350 $4,500 $4,500
Greyhawk, Scottsdale, AZ N/A $1,823 $4,500 $5,500

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 14 zipcodes in or near Scottsdale, AZ. The average rent for all of these zipcodes is $3,900. 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 Scottsdale, AZ is $1,838 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,111 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 $2,050 $2,350 $3,500 $4,325
85251, Scottsdale, AZ N/A $2,450 $2,700 $3,000
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 $3,023 $5,000
85018, Phoenix, AZ N/A $1,600 $3,000 $4,000
85016, Phoenix, AZ N/A $1,250 $3,200 $3,000
85250, Scottsdale, AZ N/A $3,050 $2,800 $3,500
85281, Tempe, AZ N/A $1,395 $1,598 $2,400

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 $4,500. 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 $2,100 and an average price per square feet of $2.88. There are a total of 9 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 $2,298 and an average price per square feet of $2.91. There are a total of 78 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 $3,500 and an average price per square feet of $2.79. There are a total of 383 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 -0.59%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in Scottsdale, AZ?
A reasonable rent price in Scottsdale, AZ is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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