Total monthly cost of ownership
Cost to Own a Home in Picture Rocks, Arizona
A $181,000 home here costs
$1,513per 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 $65,000 a year.
A standard mortgage calculator would have told you $987. The real number is $526 higher every month, 53% more than the payment most buyers budget for.
Compare Pima 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.
Picture Rocks against Pima County and Arizona
| Measure | Picture Rocks | Pima County |
|---|---|---|
| Median home value | $181,200 | $286,900 |
| Median property tax | $1,295 | $2,248 |
| Effective tax rate | 0.715% | 0.784% |
| Median gross rent | $1,301 | $1,154 |
| Population | 9,665 | 1,049,947 |
The weather behind that power bill
Picture Rocks sits in Pima County, which averages a high of 80.3°F in its hottest month and a low of 33.6°F in its coldest, with 19.91" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 616 cooling and 3,992 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Pima County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pima County
Talk to someone who works this market
These are Picture Rocks 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 Picture Rocks every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Picture Rocks I already own here and may sell
Common questions
How much does it cost to own a home in Picture Rocks?
A $181,000 home in Picture Rocks, Arizona costs approximately $1,513 per month with 20% down at 7.24%. That is $987 principal and interest, $108 property tax, $38 homeowners insurance, $230 utilities and $151 set aside for maintenance.
What is the property tax rate in Picture Rocks?
Picture Rocks has an effective property tax rate of 0.715%, based on a median home value of $181,200 and median real estate taxes of $1,295. That is lower than the Pima County average of 0.784%.
What is the average home price in Picture Rocks?
The median owner-occupied home value in Picture Rocks, Arizona is $181,200, against $286,900 across Pima County.
Is it cheaper to rent or buy in Picture Rocks?
Median gross rent in Picture Rocks is $1,301 a month, against $1,513 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 Picture Rocks?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Picture Rocks, Arizona at today's rate takes a household income of roughly $65,000 a year. That covers the full $1,513 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Picture Rocks, 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.