Mortgage Rates in Flagstaff, Arizona — March 2026
Updated March 2026 | Based on Flagstaff market data and regional lending conditions
Flagstaff is a growing city in Arizona with a population of 73,964. The current 30-year fixed mortgage rate in Flagstaff is 6.67%, which is 0.02% above the national average. With a median home price of $525,000 and a 20% down payment of $105,000, homebuyers can expect a monthly principal and interest payment of approximately $2,702.
Current Mortgage Rates in Flagstaff, AZ
Below are the current average mortgage rates available in the Flagstaff area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.27% | 6.25% | +0.02% |
| VA | 6.07% | 6.05% | +0.02% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Flagstaff Housing Market Overview
The Flagstaff housing market is competitive with prices well above the national median. The median household income in Flagstaff is $55,250, and the cost of living index is 108.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $127,414 to comfortably afford the median-priced home in Flagstaff, which exceeds the current median household income.
Monthly Payment Breakdown for Flagstaff
Based on the median home price of $525,000 with 20% down ($105,000), here is what you can expect to pay monthly in Flagstaff:
15-Year vs. 30-Year Mortgage in Flagstaff
Choosing a 15-year mortgage in Flagstaff at 5.91% instead of a 30-year at 6.67% would save you $338,400 in total interest over the life of the loan. However, your monthly payment would be $3,524 instead of $2,702 — an increase of $822 per month.
Calculate Your Flagstaff Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Flagstaff
What are the current mortgage rates in Flagstaff, AZ?
As of March 2026, the average 30-year fixed mortgage rate in Flagstaff, Arizona is 6.67%, while the 15-year fixed rate is 5.91%. FHA loans average 6.27% and VA loans 6.07%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Flagstaff?
Based on the median home price of $525,000 with 20% down, the estimated monthly mortgage payment in Flagstaff is $2,702 for principal and interest. Including property taxes of $271/month, the total monthly housing cost is approximately $2,973.
What income do I need to buy a home in Flagstaff?
Using the 28% rule, you would need an annual income of approximately $127,414 to afford the median-priced home in Flagstaff at $525,000. The median household income in Flagstaff is $55,250. This means most households would need to either earn above the median or consider homes below $525,000.
Is Flagstaff a good place to buy a home in 2026?
Flagstaff has a moderate cost of living with a cost of living index of 108.5 (national average = 100). The property tax rate in Arizona is 0.62%, which is below the national average. Flagstaff has a population of 73,964 and offers a balanced lifestyle.
Mortgage Rates in Other Arizona Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Flagstaff, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.