How much do homeowners pay a month in Paradise Valley, AZ?
Homeowners with a mortgage in Paradise Valley, AZ pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
55.4% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $4,000 or more
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 55.4%
Monthly owner costs in Paradise Valley
| Paradise Valley | Maricopa County | Arizona | United States | |
|---|---|---|---|---|
| With a mortgage | $4,000 or more | $1,931 (±$9) | $1,803 (±$7) | $1,963 |
| Without a mortgage | $1,500 or more | $575 (±$5) | $525 (±$3) | $638 |
| Owned homes with a mortgage | 55.4% (±5.8 points) | 66.8% (±0.3 points) | 61.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $1,983 (±$12) | $1,879 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Maricopa County, Paradise Valley ranks 1 of 31 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1 of 187.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median monthly cost with a mortgage in places near Paradise Valley
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Paradise Valley | — | $4,000 or more | — |
| Phoenix | 7.5 mi | $1,847 (±$17) | — |
| Scottsdale | 11 mi | $2,577 (±$58) | — |
| Tempe | 11 mi | $1,828 (±$56) | — |
| Guadalupe | 13 mi | $1,208 (±$664) | — |
| Glendale | 13 mi | $1,705 (±$37) | — |
| Fountain Hills | 13 mi | $2,146 (±$139) | — |
| Mesa | 18 mi | $1,843 (±$24) | — |
| Tolleson | 18 mi | $1,399 (±$95) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Maricopa County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Paradise Valley | $4,000 or more |
| 2 | Rio Verde | $2,638 (±$273) |
| 3 | Cave Creek | $2,625 (±$391) |
| 4 | Scottsdale | $2,577 (±$58) |
| 5 | Carefree | $2,500 (±$738) |
| 6 | Litchfield Park | $2,449 (±$326) |
| 7 | Citrus Park | $2,441 (±$226) |
Showing 7 of 31 places in Maricopa County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Paradise Valley
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Paradise Valley beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Paradise Valley, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Paradise Valley, and send estimates and invoices from your phone.
Questions about Paradise Valley
What is the average mortgage payment in Paradise Valley?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Paradise Valley, AZ is $4,000 or more a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Paradise Valley?
Owners without a mortgage in Paradise Valley pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Paradise Valley town, Arizona
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Paradise Valley town, Arizona
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Paradise Valley town, Arizona (place:52930, in state:04).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Paradise Valley at a glance
- Median rent in Paradise Valley
- Income and affordability in Paradise Valley
- Home values in Paradise Valley
- Property taxes in Paradise Valley
- Types of homes in Paradise Valley
- Bedrooms in Paradise Valley
- Age of homes in Paradise Valley
- Heating fuel in Paradise Valley
- Commute and cars in Paradise Valley
- Crime reported to police in Paradise Valley
- Population growth in Paradise Valley
- How long people stay in Paradise Valley
- Crowding and facilities in Paradise Valley
- Fair Market Rent in Paradise Valley
- Arizona landlord and tenant rules
- Housing across Maricopa County
- Housing data for every place in Arizona