Total monthly cost of ownership
Cost to Own a Home in Arizona City, Arizona
A $219,000 home here costs
$1,733per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $74,500 a year.
A standard mortgage calculator would have told you $1,194. The real number is $539 higher every month, 45% more than the payment most buyers budget for.
Compare Pinal County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Arizona City against Pinal County and Arizona
| Measure | Arizona City | Pinal County |
|---|---|---|
| Median home value | $219,400 | $312,100 |
| Median property tax | $965 | $1,615 |
| Effective tax rate | 0.440% | 0.517% |
| Median gross rent | $973 | $1,417 |
| Population | 8,681 | 449,219 |
The weather behind that power bill
Arizona City sits in Pinal County, which averages a high of 104.9°F in its hottest month and a low of 41.3°F in its coldest, with 8.64" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 3,877 cooling and 1,157 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Pinal County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pinal County
Talk to someone who works this market
These are Arizona City averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Arizona City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Arizona City I already own here and may sell
Common questions
How much does it cost to own a home in Arizona City?
A $219,000 home in Arizona City, Arizona costs approximately $1,733 per month with 20% down at 7.24%. That is $1,194 principal and interest, $80 property tax, $46 homeowners insurance, $230 utilities and $183 set aside for maintenance.
What is the property tax rate in Arizona City?
Arizona City has an effective property tax rate of 0.440%, based on a median home value of $219,400 and median real estate taxes of $965. That is lower than the Pinal County average of 0.517%.
What is the average home price in Arizona City?
The median owner-occupied home value in Arizona City, Arizona is $219,400, against $312,100 across Pinal County.
Is it cheaper to rent or buy in Arizona City?
Median gross rent in Arizona City is $973 a month, against $1,733 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Arizona City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Arizona City, Arizona at today's rate takes a household income of roughly $74,500 a year. That covers the full $1,733 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Arizona City, 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.