What is the average mortgage rate in Arizona in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Arizona 2026
Arizona has a competitive housing market with an average home value of $423,330 in 2026, driven by strong demand in Phoenix, Scottsdale, and Tucson. The state has no real estate transfer tax and one of the lowest flat income tax rates in the US at 2.5%.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Arizona. Not financial advice.
Arizona at a glance
- Average home price: $423,330
- State income tax: Yes (2.5% flat rate — one of the lowest in the US)
- Land transfer tax: None
- Typical monthly payment: $2,359/mo on $423,330 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Arizona have a real estate transfer tax?
No — Arizona has no state real estate transfer tax, which helps keep closing costs lower.
What is the average home price in Arizona in 2026?
$423,330 — above the national median, reflecting strong Sun Belt demand.
How much do I need to earn to afford a home in Arizona?
To afford $423,330 with 20% down at 7.46%, you need approximately $100,000–$105,000 annual income.
Arizona mortgage calculator · Educational reference only. Not financial or lending advice.