Mortgage Rates in Maricopa, ArizonaMarch 2026

Updated March 2026 | Based on Maricopa market data and regional lending conditions

30-Year Fixed
6.83%
15-Year Fixed
6.06%
Median Home Price
$370,000
Est. Monthly Payment
$2,121

Maricopa is a growing city in Arizona with a population of 58,802. The current 30-year fixed mortgage rate in Maricopa is 6.83%, which is 0.18% above the national average. With a median home price of $370,000 and a 20% down payment of $74,000, homebuyers can expect a monthly principal and interest payment of approximately $1,936.

Current Mortgage Rates in Maricopa, AZ

Below are the current average mortgage rates available in the Maricopa 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 TypeRateNational AvgDifference
30-Year Fixed6.83%6.65%+0.18%
15-Year Fixed6.06%5.89%+0.17%
5/1 ARM6.3%6.15%+0.15%
FHA6.54%6.25%+0.29%
VA6.29%6.05%+0.24%
Jumbo7.08%6.85%+0.23%

Maricopa Housing Market Overview

The Maricopa housing market reflects moderate demand with prices near the national average. The median household income in Maricopa is $69,000, and the cost of living index is 101.4 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $90,900 to comfortably afford the median-priced home in Maricopa, which exceeds the current median household income.

Population
58,802
Median Income
$69,000
Property Tax Rate
0.6%
Cost of Living
101.4
Down Payment (20%)
$74,000
Income Needed
$90,900

Monthly Payment Breakdown for Maricopa

Based on the median home price of $370,000 with 20% down ($74,000), here is what you can expect to pay monthly in Maricopa:

Principal & Interest (30-yr at 6.83%)$1,936
Property Tax$185
Estimated Insurance$93
Total Estimated Monthly$2,214

15-Year vs. 30-Year Mortgage in Maricopa

Choosing a 15-year mortgage in Maricopa at 6.06% instead of a 30-year at 6.83% would save you $245,700 in total interest over the life of the loan. However, your monthly payment would be $2,507 instead of $1,936 — an increase of $571 per month.

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Frequently Asked Questions About Mortgages in Maricopa

What are the current mortgage rates in Maricopa, AZ?

As of March 2026, the average 30-year fixed mortgage rate in Maricopa, Arizona is 6.83%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.

How much is a monthly mortgage payment in Maricopa?

Based on the median home price of $370,000 with 20% down, the estimated monthly mortgage payment in Maricopa is $1,936 for principal and interest. Including property taxes of $185/month, the total monthly housing cost is approximately $2,121.

What income do I need to buy a home in Maricopa?

Using the 28% rule, you would need an annual income of approximately $90,900 to afford the median-priced home in Maricopa at $370,000. The median household income in Maricopa is $69,000. This means most households would need to either earn above the median or consider homes below $370,000.

Is Maricopa a good place to buy a home in 2026?

Maricopa has a moderate cost of living with a cost of living index of 101.4 (national average = 100). The property tax rate in Arizona is 0.6%, which is below the national average. Maricopa has a population of 58,802 and offers a balanced lifestyle.

Mortgage Rates in Other Arizona Cities

Phoenix, AZ
6.67% | $395,000
Tucson, AZ
6.67% | $295,000
Mesa, AZ
6.67% | $415,000
Chandler, AZ
6.67% | $465,000
Glendale, AZ
6.67% | $365,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Maricopa, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.