2-Bedroom Apartment Rent in Paradise Valley, AZ
Median asking rent for a 2-bedroom apartment in Paradise Valley, Arizona as of July 2026. That's +5% lower than the citywide median of $2,905 and +67% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Paradise Valley
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Paradise Valley
Compare Paradise Valley's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Arizona
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | South Tucson | $1,063 |
| 2 | Bullhead City | $1,305 |
| 3 | Kingman | $1,315 |
| 4 | Sierra Vista | $1,345 |
| 5 | Fort Mohave | $1,400 |
| 6 | Glendale | $1,400 |
| 7 | Gold Canyon | $1,417 |
| 8 | Mesa | $1,425 |
| 9 | Phoenix | $1,441 |
| 10 | Cottonwood | $1,480 |
| 11 | Green Valley | $1,490 |
| 12 | Tucson | $1,492 |
| 13 | Yuma | $1,503 |
| 14 | Tempe | $1,533 |
| 15 | Goodyear | $1,561 |
Most expensive cities for a 2-bedroom in Arizona
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Waddell | $2,870 |
| 2 | Paradise Valley (this page) | $2,770 |
| 3 | Anthem | $2,770 |
| 4 | Queen Creek | $2,630 |
| 5 | Scottsdale | $2,512 |
| 6 | Litchfield Park | $2,490 |
| 7 | Buckeye | $2,385 |
| 8 | San Tan Valley | $2,355 |
| 9 | Surprise | $2,304 |
| 10 | Peoria | $2,270 |
| 11 | Fountain Hills | $2,270 |
| 12 | Maricopa | $2,205 |
| 13 | Tolleson | $2,150 |
| 14 | Avondale | $2,105 |
| 15 | Flagstaff | $2,073 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Paradise Valley.
| City | Distance | 2-Bedroom rent | vs Paradise Valley |
|---|---|---|---|
| Scottsdale, AZ | 6.6 mi | $2,512 | $-258 (-9%) |
| Phoenix, AZ | 9.1 mi | $1,441 | $-1,329 (-48%) |
| Tempe, AZ | 11.2 mi | $1,533 | $-1,237 (-45%) |
| Fountain Hills, AZ | 15.4 mi | $2,270 | $-500 (-18%) |
| Glendale, AZ | 17.6 mi | $1,400 | $-1,370 (-49%) |
| Mesa, AZ | 18.1 mi | $1,425 | $-1,345 (-49%) |
| Chandler, AZ | 20.1 mi | $1,750 | $-1,020 (-37%) |
| Peoria, AZ | 21.4 mi | $2,270 | $-500 (-18%) |
| Gilbert, AZ | 21.5 mi | $1,857 | $-913 (-33%) |
| Anthem, AZ | 21.8 mi | $2,770 | — |
| Tolleson, AZ | 23.7 mi | $2,150 | $-620 (-22%) |
| Sun City, AZ | 24 mi | $1,895 | $-875 (-32%) |
2-Bedroom rent in Paradise Valley — common questions
How much is a 2-bedroom apartment in Paradise Valley?
As of July 2026, the median 2-bedroom apartment rent in Paradise Valley, Arizona is $2,770 per month. This is +5% below the citywide median of $2,905.
What income do you need to afford a 2-bedroom in Paradise Valley?
Using the standard 30% rent-to-income rule, you would need an annual income of about $110,800 ($9,233/month gross), which works out to roughly $53.27/hour at a full-time job.
Is Paradise Valley expensive for a 2-bedroom compared to the rest of the US?
Paradise Valley's 2-bedroom median of $2,770 is +67% above the national 2-bedroom median of $1,655. It ranks in the 92th percentile of US cities tracked.
How does Paradise Valley rank for 2-bedroom rent in Arizona?
Among the 50 cities in Arizona with 2-bedroom data, Paradise Valley ranks #49 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Paradise Valley?
Yes — nearby cities with cheaper 2-bedroom rents include Scottsdale ($2,512), Phoenix ($1,441), Tempe ($1,533).