Total monthly cost of ownership
Cost to Own a Home in El Mirage, Arizona
A $282,000 home here costs
$2,039per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,450. The real number is $589 higher every month — 41% 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.
El Mirage against Maricopa County and Arizona
| Measure | El Mirage | Maricopa County |
|---|---|---|
| Median home value | $282,000 | $414,700 |
| Median property tax | $1,078 | $1,965 |
| Effective tax rate | 0.382% | 0.474% |
| Median gross rent | $1,682 | $1,587 |
| Population | 35,823 | 4,491,987 |
The weather behind that power bill
El Mirage 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 El Mirage?
A $282,000 home in El Mirage, Arizona costs approximately $2,039 per month with 20% down at 6.66%. That is $1,450 principal and interest, $90 property tax, $59 homeowners insurance, $205 utilities and $235 set aside for maintenance.
What is the property tax rate in El Mirage?
El Mirage has an effective property tax rate of 0.382%, based on a median home value of $282,000 and median real estate taxes of $1,078. That is lower than the Maricopa County average of 0.474%.
What is the average home price in El Mirage?
The median owner-occupied home value in El Mirage, Arizona is $282,000, against $414,700 across Maricopa County.
Is it cheaper to rent or buy in El Mirage?
Median gross rent in El Mirage is $1,682 a month, against $2,039 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 El Mirage — 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.