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ZIP Code · AZ

ZIP 85253

Pop. 17,904·Maricopa County·18th most expensive ZIP in Arizona
Median rent (all units)
$2,307/mo
Year-over-Year
+19.9%
Month-over-Month
-9.4%
vs US Median
+$342
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 85253 · $2,307
More expensive than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,150
2 BR
$2,500
3 BR
$3,360
4 BR+
$3,760
Research median
$2,500/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$27,684/yr
At $2,307/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+19.9% YoY, -9.4% MoM), not inventory.
Demographics

Who lives here

ZIP 85253 (Paradise Valley, AZ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 71.9% of residents hold a bachelor's degree or higher.

Population
17,904
Median income
$184,979
Median age
51.9
Renters
15.6%
Age distribution
17.9%
12.4%
22.8%
18.5%
28.3%
Under 1817.9%
18–3412.4%
35–5422.8%
55–6418.5%
65+28.3%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
80.1%
White80.1%
Black0.5%
Hispanic8.8%
Asian4.6%
Other6%
Education (25+)
19.4%
71.9%
No HS diploma1.2%
HS diploma7.5%
Some college19.4%
Bachelor's+71.9%
Housing tenure
84.4%
15.6%
Owner84.4%
Renter15.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 85253 in Paradise Valley, AZ has changed in 5 years

Rent
$1,584 → $2,307
up 45.6%
Income
$159,846 → $184,979
up 15.7%
Population
17,212 → 17,904
up 4.0%
Renter share
16% → 15.6%
-0.4 pts
Bachelor's+
67.1% → 71.9%
+4.8 pts
Median age
53.3 → 51.9
-1.4 yrs

Since 2021, the typical rent in ZIP 85253 in Paradise Valley, AZ has increased from $1,584 to $2,307, a 45.6% change over five years. Household income in the area moved from $159,846 to $184,979 across the same window, up 15.7% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.0% since 2021, moving from about 17,212 residents to roughly 17,904. College-educated residents now make up 71.9% of adults here, versus 67.1% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 85253 in Paradise Valley, AZ look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 85253

Last updated: July 20, 2026

ZIP code 85253 covers Paradise Valley, AZ. The median rent here is $2,307/mo as of July 2026. A 1-bedroom rents for a median of $2,150/mo. A 2-bedroom rents for a median of $2,500/mo.

At 15% of local median household income ($184,979/yr), ZIP 85253 ranks as affordable compared to the national benchmark of 30%. Rents have increased 19.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85253?

As of July 20, 2026, the median monthly rent in ZIP 85253 (Paradise Valley, AZ) is $2,307. This is based on aggregated data from public sources and community submissions.

How does ZIP 85253 rent compare to the US average?

ZIP 85253's median rent of $2,307/mo is $342 (17%) above the US national median of $1,965/mo.

How does ZIP 85253 compare to other ZIPs in Arizona?

ZIP 85253 is one of the pricier ZIP codes in Arizona, ranking #18 out of 185 ZIPs tracked at $2,307/mo.

How much income do you need to rent in ZIP 85253?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,307/mo in ZIP 85253. The local median household income is $184,979/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85253?

Rent in ZIP 85253 has increased 19.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85253 an affordable place to rent?

ZIP 85253 is considered very affordable for renters. At $2,307/mo, rent takes approximately 15% of the local median household income ($184,979/yr). The standard benchmark is 30%. ZIP 85253 falls comfortably within that range.

What percentage of ZIP 85253 residents rent vs. own?

According to Census data, approximately 15.6% of ZIP 85253 households are renters, while 84.4% are owner-occupied. ZIP 85253 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85253 compare to the rest of Paradise Valley?

ZIP 85253 is more affordable than Paradise Valley overall. At $2,307/mo, it's $598 below the Paradise Valley citywide median of $2,905/mo.

When was rent data for ZIP 85253 last updated?

Rent data for ZIP 85253 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
15%
VERY AFFORDABLE

At $2,307/mo, rent takes ~15% of ZIP 85253's median household income ($184,979/yr). The standard benchmark is 30%.

ZIP 85253 15%Benchmark 30%
State income tax2.5%
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