Studio Apartment Rent in Paradise Valley, AZ
Median asking rent for a studio apartment in Paradise Valley, Arizona as of July 2026. That's +25% lower than the citywide median of $2,905 and +68% above the national studio median of $1,290.
Income needed for a studio 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 studio 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 studio in Arizona
| # | City | Studio rent |
|---|---|---|
| 1 | South Tucson | $713 |
| 2 | Sierra Vista | $955 |
| 3 | Bullhead City | $1,010 |
| 4 | Cottonwood | $1,010 |
| 5 | Green Valley | $1,020 |
| 6 | Kingman | $1,020 |
| 7 | Tucson | $1,022 |
| 8 | Prescott | $1,073 |
| 9 | Fort Mohave | $1,080 |
| 10 | Glendale | $1,098 |
| 11 | Mesa | $1,117 |
| 12 | Phoenix | $1,130 |
| 13 | Yuma | $1,137 |
| 14 | Prescott Valley | $1,160 |
| 15 | Tempe | $1,203 |
Most expensive cities for a studio in Arizona
| # | City | Studio rent |
|---|---|---|
| 1 | Waddell | $2,250 |
| 2 | Paradise Valley (this page) | $2,170 |
| 3 | Anthem | $2,170 |
| 4 | Queen Creek | $2,060 |
| 5 | Scottsdale | $1,972 |
| 6 | Litchfield Park | $1,950 |
| 7 | Buckeye | $1,870 |
| 8 | San Tan Valley | $1,850 |
| 9 | Surprise | $1,808 |
| 10 | Peoria | $1,780 |
| 11 | Fountain Hills | $1,780 |
| 12 | Maricopa | $1,730 |
| 13 | Tolleson | $1,690 |
| 14 | Flagstaff | $1,670 |
| 15 | Avondale | $1,650 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Paradise Valley.
| City | Distance | Studio rent | vs Paradise Valley |
|---|---|---|---|
| Scottsdale, AZ | 6.6 mi | $1,972 | $-198 (-9%) |
| Phoenix, AZ | 9.1 mi | $1,130 | $-1,040 (-48%) |
| Tempe, AZ | 11.2 mi | $1,203 | $-967 (-45%) |
| Fountain Hills, AZ | 15.4 mi | $1,780 | $-390 (-18%) |
| Glendale, AZ | 17.6 mi | $1,098 | $-1,072 (-49%) |
| Mesa, AZ | 18.1 mi | $1,117 | $-1,053 (-49%) |
| Chandler, AZ | 20.1 mi | $1,375 | $-795 (-37%) |
| Peoria, AZ | 21.4 mi | $1,780 | $-390 (-18%) |
| Gilbert, AZ | 21.5 mi | $1,457 | $-713 (-33%) |
| Anthem, AZ | 21.8 mi | $2,170 | — |
| Tolleson, AZ | 23.7 mi | $1,690 | $-480 (-22%) |
| Sun City, AZ | 24 mi | $1,490 | $-680 (-31%) |
Studio rent in Paradise Valley — common questions
How much is a studio apartment in Paradise Valley?
As of July 2026, the median studio apartment rent in Paradise Valley, Arizona is $2,170 per month. This is +25% below the citywide median of $2,905.
What income do you need to afford a studio in Paradise Valley?
Using the standard 30% rent-to-income rule, you would need an annual income of about $86,800 ($7,233/month gross), which works out to roughly $41.73/hour at a full-time job.
Is Paradise Valley expensive for a studio compared to the rest of the US?
Paradise Valley's studio median of $2,170 is +68% above the national studio median of $1,290. It ranks in the 92th percentile of US cities tracked.
How does Paradise Valley rank for studio rent in Arizona?
Among the 49 cities in Arizona with studio data, Paradise Valley ranks #48 from cheapest to most expensive.
Are there cheaper studio options near Paradise Valley?
Yes — nearby cities with cheaper studio rents include Scottsdale ($1,972), Phoenix ($1,130), Tempe ($1,203).