Total monthly cost of ownership
Cost to Own a Home in Apache Junction, Arizona
A $197,000 home here costs
$1,502per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,013. The real number is $489 higher every month — 48% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Apache Junction against Maricopa County and Arizona
| Measure | Apache Junction | Maricopa County |
|---|---|---|
| Median home value | $196,700 | $414,700 |
| Median property tax | $944 | $1,965 |
| Effective tax rate | 0.480% | 0.474% |
| Median gross rent | $1,019 | $1,587 |
| Population | 39,746 | 4,491,987 |
Apache Junction extends across 2 counties. Figures here use Maricopa County, where most of its housing sits.
The weather behind that power bill
Apache Junction sits in Maricopa County, which averages a high of 106.5°F in its hottest month and a low of 42.0°F in its coldest, with 8.18" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 4,202 cooling and 1,140 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Maricopa County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Maricopa County
Full Maricopa County cost breakdown · Every county in Arizona
Common questions
How much does it cost to own a home in Apache Junction?
A $197,000 home in Apache Junction, Arizona costs approximately $1,502 per month with 20% down at 6.66%. That is $1,013 principal and interest, $79 property tax, $41 homeowners insurance, $205 utilities and $164 set aside for maintenance.
What is the property tax rate in Apache Junction?
Apache Junction has an effective property tax rate of 0.480%, based on a median home value of $196,700 and median real estate taxes of $944. That is in line with the Maricopa County average of 0.474%.
What is the average home price in Apache Junction?
The median owner-occupied home value in Apache Junction, Arizona is $196,700, against $414,700 across Maricopa County.
Is it cheaper to rent or buy in Apache Junction?
Median gross rent in Apache Junction is $1,019 a month, against $1,502 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Apache Junction — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Arizona.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.