Shop Phoenix homes by monthly payment: what each budget covers
Phoenix's median owner cost is $1,847 a month and median taxes about $154. Start from the payment you want and see homes whose estimate fits. MABLS shows each home's payment from its real property tax and HOA data plus an insurance estimate.
Two ways to start
- Search homes by payment
Create your free account to see all homes for sale that fit the monthly payment you're comfortable with, each with its actual property taxes, HOA dues, estimated homeowners insurance, and mortgage insurance when it applies, plus its own estimated closing costs and APR disclosure.
Opens the MABLS home search. Payments shown there are estimates to help you search, not a loan offer or rate quote. Your actual payment depends on price, down payment, credit, taxes, insurance, HOA, and loan program.
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What does a monthly payment buy in Phoenix, AZ?
Quick answer: The Census median owner cost with a mortgage in Phoenix is $1,847, and median taxes run about $154 a month. Tax areas alone differ by $3,876 a year on $400,000 of limited value. Compare each home's own estimate; estimates are not a loan offer.
Source: U.S. Census Bureau, QuickFacts: Phoenix city, Arizona (ACS 2020–2024 5-year estimates; retrieved September 25, 2026). Last updated .
What changes Phoenix payments from one neighborhood to the next
Association structure differs by Phoenix neighborhood. Desert Ridge has a master association, the Desert Ridge Community Association, and many homes also sit in a sub-association; Moon Valley's neighborhood association is voluntary, not a mandatory HOA, though some subdivisions there have their own HOAs. In Arcadia, the city notes that a major share of the village's housing stock was built between 1950 and 1970. Our Desert Ridge, Moon Valley and Arcadia guides cover each. Measured by how far apart its tax areas sit, Phoenix ranks 1st of 14 Maricopa County cities on this site, at $969 a year per $100,000 of limited value; Phoenix is at the top of that list and Chandler at the bottom.
Buildings with five or more units make up 26% of housing, so confirm the dues on any attached home you consider. Median gross rent in Phoenix is $1,582, $265 below the $1,847 median owner cost with a mortgage, so a payment search starts above what the median renter pays.
Same price, different payment in Phoenix
On a home with $400,000 of limited property value (assessed at 10%), the Phoenix tax areas in Maricopa County's 2026 table (6.14 to 15.83 per $100 of assessed value) come to about $2,457 to $6,333 a year, a gap of $3,876 between two homes at the same price, or about $323 a month.
| Tax area code | Total residential rate per $100 assessed | Per year, per $100,000 limited value |
|---|---|---|
| 931300 | 6.14 | $614 |
| 481300 | 6.98 | $698 |
| 971300 | 8.52 | $852 |
| 591300 | 13.77 | $1,377 |
| 051300 | 15.60 | $1,560 |
| 831300 | 15.83 | $1,583 |
Source: Maricopa County, 2026 Tax Rates; each row is one Phoenix tax area, residential primary plus secondary rate. 21 more areas fall between the lowest and highest rows shown.
What each monthly budget covers in Phoenix
Census median monthly owner cost for Phoenix homeowners with a mortgage: $1,847, 19th-highest of 39 places (ACS 2020–2024). Only the $1,500 budget sits below the Phoenix median; the other four ($2,000 and up) are above it. Median real estate taxes come to about $154 a month, 8% of that owner-cost median.
| Budget | Vs. $1,847 median | Tax share | Left after tax |
|---|---|---|---|
| $1,500/mo | $347 below | 10% | $1,346 |
| $2,000/mo | $153 above | 8% | $1,846 |
| $2,500/mo | $653 above | 6% | $2,346 |
| $3,000/mo | $1,153 above | 5% | $2,846 |
| $4,000/mo | $2,153 above | 4% | $3,846 |
What is left must still cover principal and interest, insurance and dues. Medians include long-time owners, so this is not a quote.
How owner costs are spread in Phoenix
Among Phoenix's 236,045 owners with a mortgage, the largest group (31%) pays under $1,500 a month, and 14% pay $3,000 or more. On value, 41% of owner-occupied homes sit between $300,000 and $499,999, with 24% below that range and 35% above.
| Under $1,500 | $1,500 to $1,999 | $2,000 to $2,499 | $2,500 to $2,999 | $3,000 or more |
|---|---|---|---|---|
| 31% | 27% | 17% | 11% | 14% |
Share of owners with a mortgage by monthly owner costs, Census ACS 2020–2024 (B25087, B25075).
Home sizes behind Phoenix payments
Among Phoenix's 350,001 owner-occupied homes, 17% have two or fewer bedrooms, 47% have three and 36% have four or more.
Places with owner costs closest to Phoenix's
| Place | Owner costs | Taxes a month | Vs. Phoenix |
|---|---|---|---|
| Phoenix | $1,847 | $154 | this page |
| Maricopa | $1,849 | $183 | above Phoenix by $2 |
| Mesa | $1,843 | $134 | below Phoenix by $4 |
| Florence | $1,839 | $185 | below Phoenix by $8 |
| Surprise | $1,860 | $154 | above Phoenix by $13 |
Census ACS 2020–2024 (B25088, B25103). Monthly taxes = annual median ÷ 12.
More on Phoenix: homes for sale and the city overview.
Data as of October 10, 2026. Figures are cited to the public sources listed below. General information for Arizona home shoppers, not a loan offer, rate quote, or commitment to lend.
See Phoenix homes by the payment you want
Search with each home's own property taxes, HOA dues, and insurance built into the estimate. We never sell your information.
Create your free account to see all homes for sale that fit the monthly payment you're comfortable with, each with its actual property taxes, HOA dues, estimated homeowners insurance, and mortgage insurance when it applies, plus its own estimated closing costs and APR disclosure.
Opens the MABLS home search. Payments shown there are estimates to help you search, not a loan offer or rate quote. Your actual payment depends on price, down payment, credit, taxes, insurance, HOA, and loan program.
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Phoenix overview · Homes for sale in Phoenix · Homes by monthly budget · Property tax by city
Sources
- U.S. Census Bureau QuickFacts: Phoenix city, Arizona (ACS 2020–2024 5-year estimates; population estimate V2025; retrieved September 25, 2026)
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates: B25077 (median home value), B25103 (median real estate taxes paid), B25088 (median owner costs with a mortgage), B08013/B08303 (mean travel time to work), B25003 (owner-occupied share), B01003 (population) (retrieved October 4, 2026)
- U.S. Census Bureau, ACS 2020–2024 5-year estimates, housing tables B25001, B25004, B25024, B25034, B25035, B25042 (via the Census Reporter API) (retrieved October 10, 2026)
- U.S. Census Bureau, ACS 2020–2024 5-year estimates, B25087 (selected monthly owner costs, housing units with a mortgage) and B25075 (value of owner-occupied homes) (retrieved October 10, 2026)
- Maricopa County, 2026 Tax Rates (rates per $100 of assessed value by tax area, school, city, fire, and special districts) (tax year 2026; retrieved October 4, 2026)
- City of Phoenix, Desert View Village Planning Committee (retrieved October 1, 2026)
- Desert Ridge Community Association / Desert Ridge Lifestyles, Board FAQs (retrieved October 1, 2026)
- City of Phoenix, Camelback East Village Planning Committee (retrieved October 1, 2026)
Frequently asked questions
What is the median monthly property tax for homeowners in Phoenix?
About $154 a month, from a Census median of $1,850 a year (ACS 2020–2024).
Why can two Phoenix homes at the same price have different payments?
Tax areas and dues differ. Maricopa County's 2026 table lists 27 residential areas for Phoenix (6.14 to 15.83 per $100 of assessed value), a gap of $3,876 a year on $400,000 of limited value.
How does Phoenix compare with Maricopa on owner costs?
Median monthly owner costs with a mortgage are $1,847 in Phoenix and $1,849 in Maricopa (ACS 2020–2024), a difference of $2. Median monthly taxes are $154 and $183.