Scottsdale, AZ Rental Market
Scottsdale is Arizona's premier luxury and resort destination, home to world-class golf resorts, a vibrant Old Town entertainment district, and a significant concentration of healthcare and technology headquarters including HonorHealth and GoDaddy. Its reputation as a high-end lifestyle market attracts affluent tenants from across the country, supporting premium rents and a resilient high-end rental segment that weathers economic cycles better than more price-sensitive markets.
Get a rent estimate for an address in ScottsdaleAverage Rent in Scottsdale, AZ
$2,050
per month · 2026-06
Market Score
Key Facts — Scottsdale, AZ Rental Market
- Average rent in Scottsdale, AZ:$2,050/mo
- Median rent:$1,886/mo
- Rent range:$1,025 – $4,500/mo
- Most common rental (2 bedrooms):$1,800/mo
- Active listings:1,800
- Avg days to lease:25 days
- Year-over-year change:+3.5%
- Median home value:$560,000
- Est. gross annual yield:4.4%
- Data as of:2026-06
Rent by Bedroom in Scottsdale, AZ
Average monthly rent for each bedroom type based on current active listings in Scottsdale.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,475/mo |
2 Bedrooms | $1,800/mo |
3 Bedrooms | $2,300/mo |
4 Bedrooms | $2,825/mo |
5 Bedrooms | $3,250/mo |
Scottsdale Rental Market Statistics
Key indicators from the current Scottsdale, AZ rental market.
1,800
Available now in Scottsdale
25
From list to lease
$1.46
Average across listings
1,400 sq ft
Typical rental size
$1,025 – $4,500
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Scottsdale, AZ Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$560,000
Typical purchase price in Scottsdale
Est. Gross Annual Yield
4.4%
Before expenses & vacancy
Avg Monthly Income
$2,050
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Scottsdale for a full cash-flow breakdown including all costs.
Scottsdale, AZ Rental Market FAQ
Common questions about renting and investing in Scottsdale, AZ.
What is the average rent in Scottsdale, AZ?
The average rent in Scottsdale, AZ is $2,050 per month as of 2026 — the highest in the Phoenix metro. One-bedroom apartments average $1,475/mo, two-bedrooms average $1,800/mo, and three-bedroom homes average $2,300/mo. Luxury communities near Old Town, McCormick Ranch, and DC Ranch command $2,500–$4,000+ per month for upscale units.
Is Scottsdale, AZ a good place to invest in rental property?
Scottsdale offers a 4.4% estimated gross yield — lower than other Valley markets — reflecting its premium home values. However, tenant quality is exceptional: corporate relocations, remote tech workers, and retirees with high income support reliable rent payments and longer lease terms. Steady 3.5% year-over-year rent growth and strong long-term appreciation make Scottsdale better suited for wealth preservation than pure cash-flow investing.
How competitive is the Scottsdale, AZ rental market?
Scottsdale averages just 25 days on market across 1,800 active listings, making it one of the faster-moving markets in the Valley. Luxury townhomes and single-family homes in Old Town, McCormick Ranch, and South Scottsdale near Tempe are in highest demand. The winter snowbird influx (November–April) creates additional short-term pressure, with some landlords capturing premium rents during peak season.
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