City · 12,611 residents · Maricopa County, Arizona
Paradise Valley, Arizona
In Paradise Valley, a typical home is worth $2,000,001 and typical rent is $3,501 a month. Compared with all of Maricopa County, the typical home value is 342% higher, typical household income is 177% higher, and the share of households that own their home is 30 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $2,222,345 to $3,592,515.
Typical rent
$2,069a month
▲ 0.9% more than 12 months ago
Typical rent from Zillow, March 2024 to September 2026: from $1,966 to $2,069.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Paradise Valley is in Maricopa County. The FHA loan limit ($557,750 for a one-unit home), the fair market rents and the help on this page are those of all of Maricopa County. See the county
What this place has that others do not, from public data, most unusual first.
1
Paradise Valley has the highest typical rent of the 89 cities in Arizona with more than 5,000 people: $3,501.
2
Paradise Valley has the highest typical household income of the 94 cities in Arizona with more than 5,000 people: $247,159.
3
Paradise Valley has the highest typical home value of the 93 cities in Arizona with more than 5,000 people: $2,000,001.
4
95% of households in Paradise Valley own their home, against 65% in Maricopa County.
5
Nearby, in Guadalupe, the typical rent is $872: 75% less than in Paradise Valley ($3,501).
6
Nearby, in Guadalupe, the typical home value is $271,300: 86% less than in Paradise Valley ($2,000,001).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Paradise Valley
What homes there are in Paradise Valley, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Paradise Valley
Maricopa County
Arizona
United States
Kind of home: Paradise Valley and its comparisons
Measure
Paradise Valley
Maricopa County
Arizona
United States
Detached house
96%
64%
64%
61%
Attached house
Unreliable estimate
6%
5%
6%
Building of 2 to 4
Unreliable estimate
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
21%
16%
19%
Mobile home
Unreliable estimate
5%
9%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Paradise Valley: 96% of homes, more than in Maricopa County (64%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Paradise Valley
Maricopa County
Arizona
United States
Year built: Paradise Valley and its comparisons
Measure
Paradise Valley
Maricopa County
Arizona
United States
Before 1960
9%
7%
8%
26%
1960–1979
33%
22%
22%
24%
1980–1999
31%
34%
34%
25%
2000–2009
13%
22%
22%
14%
2010 or later
14%
15%
14%
11%
Homes in Paradise Valley are older: the typical year built is 1985; in Maricopa County, 1993.
Homes in Paradise Valley are bigger: 93% have 3 bedrooms or more; in Maricopa County, 61%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1M4%
$1M or more86%
Value of owner-occupied homes: Paradise Valley and its comparisons
Measure
Paradise Valley
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
4%
$1M or more
86%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Paradise Valley and its comparisons
Measure
Paradise Valley
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
Owners with a mortgage
55%
Maricopa County: 67%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical household income
Paradise ValleyNo clear change
Maricopa County+39%
Arizona+36%
United States+29%
Change since 2015–2019: Paradise Valley and its comparisons
Measure
Paradise Valley
Maricopa County
Arizona
United States
Typical home value
No data
+74%
+75%
+53%
Typical rent
No data
+52%
+47%
+33%
Typical household income
No clear change
+39%
+36%
+29%
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Paradise Valley and its comparisons
Measure
Paradise Valley
Maricopa County
Arizona
United States
Rental vacancy
Unreliable estimate
6.0%
5.8%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.0%
0.9%
More than one person per room
Unreliable estimate
4.3%
4.3%
3.4%
People per household
2.44
2.59
2.53
2.53
Drive alone
66%
65%
67%
69%
Carpool
Unreliable estimate
10%
10%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
26%
21%
18%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Paradise Valley are smaller: 2.44 people on average; in Maricopa County, 2.59.
In Paradise Valley, 26% of workers work from home, more than in Maricopa County (21%).
Do the math
What would you pay each month for a home in Paradise Valley?
A typical home costs more than the typical income allows
We start with a typical home in Paradise Valley, worth $2,000,001, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 79% of the typical household income in Paradise Valley, which is $247,159 a year. For that payment to be 28% of income, a household would need to earn about $693,267 a year. Note: at that price the loan is above the FHA limit for Maricopa County ($557,750), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Maricopa County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Paradise Valley. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $70,000 (3.5% of the price). The usual minimum for this loan is 3.5%.
This loan usually requires at least 3.5% down.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$16,176
at 7.18% · 30 years
Loan amount
$1,963,776
Total interest
$2,825,413
Paid off in
November 2056
Includes $33,775 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $5,767 a month
Tight
$5,767 to $7,415 a month
Hard
more than $7,415 a month
Your payment · 79%
Compared with the typical household income in Paradise Valley ($247,159 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$13,303
Property tax
$833
Home insurance
$833
FHA mortgage insurance (MIP)
$1,206
This loan is over the FHA limit
You'd borrow $1,930,001, but the FHA limit for a one-unit home in Paradise Valley is $557,750. You'd need a bigger down payment or a different loan.
You need at least $70,000 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $16,176; principal and interest $13,303.
The city and its county
Paradise Valley and Maricopa County
Paradise Valley is in Maricopa County, Arizona. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Paradise Valley
Map of Maricopa County, Arizona, with Paradise Valley marked. Around it, the neighboring counties.
Paradise Valley
Maricopa County
Other cities with a page
Paradise Valley's own numbers
Typical home value
$2,000,001
Typical monthly rent
$3,501
Typical yearly household income
$247,159
Households that own their home
95%
Effective property tax rate
0.5%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Maricopa County
FHA limit, one-unit home
$557,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
1.4%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Maricopa County.
A typical home in Paradise Valley is worth $2,000,001: 342% above the county and 407% above Arizona. With the typical household income in Paradise Valley ($247,159 a year), a typical home costs 8.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Paradise Valley8.1 years
Maricopa5.1 years
Arizona4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Maricopa County
According to FHFA’s house price index, home prices in Maricopa County rose 125% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Maricopa County.
Yearly change in FHFA’s price index in Maricopa County, 2016 to 2025
2016: +8.2% +8.2% 2016
2017: +7.8% +7.8% 2017
2018: +8.0% +8.0% 2018
2019: +6.9% +6.9% 2019
2020: +7.2% +7.2% 2020
2021: +20.0% +20.0% 2021
2022: +22.7% +22.7% 2022
2023: +1.0% +1.0% 2023
2024: +4.2% +4.2% 2024
2025: +0.7% +0.7% 2025
Change in FHFA’s price index in Maricopa County, Arizona and the United States
Period
County
Arizona
U.S.
Last year (2025)
+0.7%
+0.9%
+2.9%
5 years (2020–2025)
+56%
+55%
+47%
10 years (2015–2025)
+125%
+119%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Paradise Valley next to Maricopa County, Arizona and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Paradise Valley$2,000,001
Maricopa$452,800
Arizona$394,500
United States$332,700
Typical monthly rent
Paradise Valley$3,501
Maricopa$1,708
Arizona$1,543
United States$1,413
Typical yearly household income
Paradise Valley$247,159
Maricopa$89,300
Arizona$79,964
United States$80,734
See the full table
Paradise Valley next to Maricopa County and Arizona
Measure
Paradise Valley
Maricopa County
Arizona
U.S.
Typical home value
$2,000,001 ▲342% above the county
$452,800
$394,500
$332,700
Typical monthly rent
$3,501 ▲105% above the county
$1,708
$1,543
$1,413
Typical yearly household income
$247,159 ▲177% above the county
$89,300
$79,964
$80,734
Households that own their home
95% ▲30 points above the county
65%
67%
65%
Typical yearly property tax
$10,001 ▲404% above the county
$1,983
$1,879
$3,119
Effective property tax rate
0.5% ▲0.06 points above the county
0.44%
0.48%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Maricopa County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Paradise Valley
For a typical $2,000,001 home in Paradise Valley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Paradise Valley's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$16,176a month
Above the FHA limit for Maricopa County ($557,750)
Down payment
$70,000
Cash to close
$130,000
Rate
7.18%
Mortgage insurance
FHA MIP · $1,206
Conventional, 5% down$15,488a month
Above the conventional limit for Maricopa County ($832,750): it would be a "jumbo" loan
Down payment
$100,000
Cash to close
$160,000
Rate
7.18%
Mortgage insurance
PMI · $950
Conventional, 20% down, no PMI$12,506a month
Above the conventional limit for Maricopa County ($832,750): it would be a "jumbo" loan
Down payment
$400,000
Cash to close
$460,000
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$14,355a month
Down payment
$300,000
Cash to close
$360,000
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Paradise Valley
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Maricopa County ($557,750)
$16,176
$70,000
$1,963,776
7.18%
FHA MIP · $1,206
$130,000
580
Conventional, 5% down Above the conventional limit for Maricopa County ($832,750): it would be a "jumbo" loan
$15,488
$100,000
$1,900,001
7.18%
PMI · $950
$160,000
620*
Conventional, 20% down, no PMI Above the conventional limit for Maricopa County ($832,750): it would be a "jumbo" loan
$12,506
$400,000
$1,600,001
7.18%
None
$460,000
620*
ITIN, 15% down (example)
$14,355
$300,000
$1,700,001
8.18%
None
$360,000
Set by the lender
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Paradise Valley is $3,501 a month: 105% above the county.
HUD publishes a fair market rent for all of Maricopa County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Maricopa County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,390
$26.73
$55,600
1 bedroom
$1,493
$28.71
$59,720
2 bedrooms
$1,734
$33.35
$69,360
3 bedrooms
$2,287
$43.98
$91,480
4 bedrooms
$2,537
$48.79
$101,480
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Paradise Valley
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Paradise Valley is in ZIP code 85253.
For 2 bedrooms it is $2,250: $516 more than the fair market rent for Maricopa County ($1,734).
Fair market rent by ZIP code and size in Paradise Valley, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
85253
$1,770
$1,940
$2,250
$3,030
$3,390
ZIP code2 bd3 bd
85253 $2,250$3,030
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Paradise Valley when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 12 HUD-approved agencies with an office in Maricopa County; 11 say they serve in Spanish.
2 programs are for Paradise Valley or Maricopa County, by their own records: they come first, each with what its official page says about being open. The ones below are statewide in Arizona: they work in Paradise Valley the same as in the rest of the state.
Help from the Phoenix and Maricopa County development authorities for the down payment and closing costs in Maricopa County: up to 6% as a second loan, forgivable or with payments depending on the option; no first-time buyer requirement.Offered by Maricopa County Industrial Development Authority and The Industrial Development Authority of the City of Phoenix.
Maricopa County help with the deposit or the month's rent for people who live outside Glendale, Mesa and Phoenix and went through a crisis.Offered by Maricopa County Human Services Department, Senior Services and Community Resilience Division.
Arizona IDA down payment assistance across Arizona: a second loan with no interest and no payments, forgiven after five years.Offered by Arizona Industrial Development Authority (Arizona IDA).
The HUD-approved agencies closest to the center of Paradise Valley, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
CA
Credit Advisors Foundation
7525 E Camelback Rd, Scottsdale · 4 miles away · Spanish
No legal help resource on our list is for Paradise Valley or Maricopa County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Paradise Valley and all of Maricopa County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Paradise Valley?
The typical home value in Paradise Valley is $2,000,001, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Maricopa County it is $452,800.
How much does it cost to rent in Paradise Valley?
Typical rent in Paradise Valley is $3,501 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Maricopa County is $1,734.
What is the FHA loan limit in Paradise Valley?
Paradise Valley uses the FHA limit for all of Maricopa County (2026): $557,750 for a one-unit home and $1,072,600 for a four-unit home.
How much property tax do owners pay in Paradise Valley?
The typical homeowner in Paradise Valley pays $10,001 a year, according to the U.S. Census Bureau. That is 0.5% of the home’s value; in Maricopa County, the rate is 0.44%.
Where can I find free help to buy or rent in Paradise Valley?
There are 12 HUD-approved counseling agencies with an office in Maricopa County. 11 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
