678 Luxury Apartments for rent in Scottsdale, AZ

Last updated July 19 at 12:14am UTC
8156 E OSBORN Road
Scottsdale
Scottsdale, AZ
Updated July 18 at 10:24pm UTC
4 Bedrooms
$2,995
7161 E RANCHO VISTA Drive
Downtown Scottsdale
Scottsdale, AZ
Updated July 18 at 10:24pm UTC
2 Bedrooms
$2,400
7151 E RANCHO VISTA Drive
Downtown Scottsdale
Scottsdale, AZ
Updated July 18 at 10:20pm UTC
2 Bedrooms
$3,295
10080 E MOUNTAINVIEW LAKE Drive
Scottsdale Ranch
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
2 Bedrooms
$3,500
7508 E EARLL Drive
Scottsdale
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
2 Bedrooms
$4,000
6990 E BUCKHORN Trail
Scottsdale
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
7 Bedrooms
$9,000
5540 E CROCUS Drive
Scottsdale
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
7 Bedrooms
$9,000
6124 E DELCOA Avenue
Shea North Estates
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
8 Bedrooms
$7,200
7041 E PRESIDIO Road
Scottsdale
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
6 Bedrooms
$6,400
8241 E WILLIAMS Circle
Pinnacle Peak Country Club
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
4 Bedrooms
$6,500
7658 E PLEASANT Run
McCormick Ranch
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
5 Bedrooms
$7,000
6731 E 2ND Street
Southwest Village
Scottsdale, AZ
Updated July 18 at 10:19pm UTC
4 Bedrooms
$7,000

July 2018 Scottsdale Rent Report

Welcome to the July 2018 Scottsdale Rent Report. Scottsdale rents increased over the past month. In this report, we'll evaluate trends in the Scottsdale rental market, including comparisons to cities throughout the metro, state, and nation.

View full Scottsdale Rent Report
Rent Report
Scottsdale

July 2018 Scottsdale Rent Report

Welcome to the July 2018 Scottsdale Rent Report. Scottsdale rents increased over the past month. In this report, we'll evaluate trends in the Scottsdale rental market, including comparisons to cities throughout the metro, state, and nation.

Scottsdale rents increased slightly over the past month

Scottsdale rents have increased 0.2% over the past month, and have increased moderately by 2.1% in comparison to the same time last year. Currently, median rents in Scottsdale stand at $1,030 for a one-bedroom apartment and $1,290 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in November of last year. Scottsdale's year-over-year rent growth lags the state average of 2.4%, but exceeds the national average of 1.4%.

Rents rising across the Phoenix Metro

Throughout the past year, rent increases have been occurring not just in the city of Scottsdale, but across the entire metro. Of the largest 10 cities that we have data for in the Phoenix metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Gilbert has the most expensive rents in the Phoenix metro, with a two-bedroom median of $1,450; the city has also seen rent growth of 7.0% over the past year, the fastest in the metro.
  • Over the past month, Surprise is the only city in the metro that has seen rents fall, with a decline of 0.8%. Median two-bedrooms there cost $1,330, while one-bedrooms go for $1,070.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,040; rents were up 0.3% over the past month and 2.3% over the past year.

Scottsdale rents more affordable than many large cities nationwide

As rents have increased moderately in Scottsdale, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Scottsdale is still more affordable than most large cities across the country.

  • Rents increased slightly in other cities across the state, with Arizona as a whole logging rent growth of 2.4% over the past year. For example, rents have grown by 1.7% in Tucson.
  • Scottsdale's median two-bedroom rent of $1,290 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 2.1% increase in Scottsdale.
  • While Scottsdale's rents rose moderately over the past year, the city of Seattle saw a decrease of 2.0%.
  • Renters will find more reasonable prices in Scottsdale than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than twice the price in Scottsdale.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Phoenix $840 $1,040 0.3% 2.3%
Mesa $860 $1,070 0.3% 2.2%
Chandler $1,080 $1,350 0.8% 6.1%
Glendale $890 $1,120 0.2% 2.6%
Scottsdale $1,030 $1,290 0.2% 2.1%
Gilbert $1,160 $1,450 1.4% 7.0%
Tempe $920 $1,150 0.5% 2.4%
Peoria $1,110 $1,390 0.5% 3.4%
Surprise $1,070 $1,330 -0.8% 0.2%
Avondale $990 $1,230 0.5% 2.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.