Pinnacle Peak renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Pinnacle Peak is about $2,731 per month. This puts it in the 99th percentile compared to the city average cost of rent, which is $2,031. Households in Pinnacle Peak have a median income of $11,746 per month so the average renter in Pinnacle Peak is spending roughly 23% of their earnings on housing.
Nationally, and in Pinnacle Peak, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pinnacle Peak is $1,251,971 right now, which is higher than neighborhoods nearby, meaning that rents in Pinnacle Peak also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Pinnacle Peak while lower rent rates are often available in southwestern areas.
Nearby Neighborhoods
- Desert Hills, Cave Creek, AZ: less expensive rent prices
- Desert View, Cave Creek, AZ: less expensive rent prices
- North Scottsdale, Scottsdale, AZ: less expensive rent prices
- Paradise Valley, Phoenix, AZ: less expensive rent prices
- North Gateway, Phoenix, AZ: less expensive rent prices
- Anthem, Phoenix, AZ: less expensive rent prices
- Deer Valley, Phoenix, AZ: less expensive rent prices
- New Village, New River, AZ: less expensive rent prices
- North Mountain, Phoenix, AZ: less expensive rent prices
- South Scottsdale, Scottsdale, AZ: less expensive rent prices
Neighborhoods with Similar Populations
- Pleasure Ridge Park, Louisville, KY: less expensive rent prices
- Eastside, Riverside, CA: less expensive rent prices
- Union Hill-Novelty Hill, Seattle, WA: less expensive rent prices
- Cave Spring, Roanoke, VA: less expensive rent prices
- Audubon, New Orleans, LA: less expensive rent prices
- Belair, Augusta, GA: less expensive rent prices
- Rita Ranch, Tucson, AZ: less expensive rent prices
- Bach, Ann Arbor, MI: less expensive rent prices
- McCullough Hills, Henderson, NV: less expensive rent prices
- White Oak, Silver Spring, MD: less expensive rent prices
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