2-Bedroom Apartment Rent in Paradise Valley, AZ
Median asking rent for a 2-bedroom apartment in Paradise Valley, Arizona as of August 2026. That's +8% lower than the citywide median of $1,919 and +7% 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 | Bullhead City | $1,305 |
| 2 | Kingman | $1,315 |
| 3 | Sierra Vista | $1,345 |
| 4 | Glendale | $1,388 |
| 5 | Fort Mohave | $1,400 |
| 6 | Mesa | $1,417 |
| 7 | Phoenix | $1,439 |
| 8 | Cottonwood | $1,480 |
| 9 | Green Valley | $1,490 |
| 10 | Tucson | $1,492 |
| 11 | Yuma | $1,503 |
| 12 | Tempe | $1,523 |
| 13 | Goodyear | $1,558 |
| 14 | Lake Havasu City | $1,563 |
| 15 | Prescott | $1,563 |
Most expensive cities for a 2-bedroom in Arizona
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Waddell | $2,870 |
| 2 | Anthem | $2,770 |
| 3 | Queen Creek | $2,630 |
| 4 | Gilbert | $2,603 |
| 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 | +$747 (+42%) |
| Phoenix, AZ | 9.1 mi | $1,439 | $-326 (-18%) |
| Tempe, AZ | 11.2 mi | $1,523 | $-242 (-14%) |
| Fountain Hills, AZ | 15.4 mi | $2,270 | +$505 (+29%) |
| Glendale, AZ | 17.6 mi | $1,388 | $-377 (-21%) |
| Mesa, AZ | 18.1 mi | $1,417 | $-348 (-20%) |
| Chandler, AZ | 20.1 mi | $1,754 | $-11 (-1%) |
| Peoria, AZ | 21.4 mi | $2,270 | +$505 (+29%) |
| Gilbert, AZ | 21.5 mi | $2,603 | +$838 (+47%) |
| Anthem, AZ | 21.8 mi | $2,770 | +$1,005 (+57%) |
| Tolleson, AZ | 23.7 mi | $2,150 | +$385 (+22%) |
| Sun City, AZ | 24 mi | $1,895 | +$130 (+7%) |
2-Bedroom rent in Paradise Valley — common questions
How much is a 2-bedroom apartment in Paradise Valley?
As of August 2026, the median 2-bedroom apartment rent in Paradise Valley, Arizona is $1,765 per month. This is +8% below the citywide median of $1,919.
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 $70,600 ($5,883/month gross), which works out to roughly $33.94/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 $1,765 is +7% above the national 2-bedroom median of $1,655. It ranks in the 56th percentile of US cities tracked.
How does Paradise Valley rank for 2-bedroom rent in Arizona?
Among the 48 cities in Arizona with 2-bedroom data, Paradise Valley ranks #25 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Paradise Valley?
Yes — nearby cities with cheaper 2-bedroom rents include Phoenix ($1,439), Tempe ($1,523), Glendale ($1,388).