ZIP 85253
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12-month history
Last updated: October 17, 2026
What the numbers show
October. Asking rents in ZIP 85253 usually run 1.9% below trend in October and 2.6% above it in February, about $85 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 85253 is 5.2% below its high of $2,002 in February 2026, at $1,897 as of September 2026.
Rent in ZIP 85253 changed +0.6% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.
From 2019 to 2024, rent in ZIP 85253 rose 64.7% while median household income rose 13% ($163,750 to $184,979). Rent outpaced income.
Rent in ZIP 85253 is 63.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($184,979) is $4,624 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,760).
ZIP 85018, 3 miles away, rents for 13% less ($1,648/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85253. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85253 in Paradise Valley, AZ has changed in 5 years
Since 2021, the typical rent in ZIP 85253 in Paradise Valley, AZ has increased from $1,398 to $1,897, a 35.7% 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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Tips for renters in ZIP 85253
Last updated: October 17, 2026
ZIP code 85253 covers Paradise Valley, AZ. The median rent here is $1,897/mo as of October 2026. A 1-bedroom rents for a median of $1,501/mo. A 2-bedroom rents for a median of $1,745/mo.
At 12% of local median household income ($184,979/yr), ZIP 85253 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.
Frequently asked questions
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How does ZIP 85253 compare to other ZIPs in Arizona?
How does ZIP 85253 compare to the rest of Paradise Valley?
At $1,897/mo, rent takes ~12% of ZIP 85253's median household income ($184,979/yr). The standard benchmark is 30%.
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