Total monthly cost of ownership
Cost to Own a Home in Yuma, Arizona
A $209,000 home here costs
$1,724per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $74,000 a year.
A standard mortgage calculator would have told you $1,158. The real number is $567 higher every month, 49% more than the payment most buyers budget for.
Compare Yuma 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.
Yuma against Yuma County and Arizona
| Measure | Yuma | Yuma County |
|---|---|---|
| Median home value | $209,100 | $195,700 |
| Median property tax | $1,384 | $1,281 |
| Effective tax rate | 0.662% | 0.655% |
| Median gross rent | $1,085 | $983 |
| Population | 98,461 | 207,685 |
The weather behind that power bill
Yuma sits in Yuma County, which averages a high of 109.2°F in its hottest month and a low of 36.4°F in its coldest, with 3.79" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 4,176 cooling and 1,190 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Yuma County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yuma County
Talk to someone who works this market
These are Yuma 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 Yuma every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Yuma?
A $209,000 home in Yuma, Arizona costs approximately $1,724 per month with 20% down at 7.4%. That is $1,158 principal and interest, $115 property tax, $44 homeowners insurance, $233 utilities and $174 set aside for maintenance.
What is the property tax rate in Yuma?
Yuma has an effective property tax rate of 0.662%, based on a median home value of $209,100 and median real estate taxes of $1,384. That is in line with the Yuma County average of 0.655%.
What is the average home price in Yuma?
The median owner-occupied home value in Yuma, Arizona is $209,100, against $195,700 across Yuma County.
Is it cheaper to rent or buy in Yuma?
Median gross rent in Yuma is $1,085 a month, against $1,724 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 Yuma?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Yuma, Arizona at today's rate takes a household income of roughly $74,000 a year. That covers the full $1,724 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Yuma, 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.