Mortgage payment estimates, closing cost breakdowns, and homebuying data for Marana, Arizona.
Median Home Price
$365K
Population
52K
Avg Monthly Rent
$1,380
Property Tax Rate
0.62% *
* Property tax shown is the Arizona state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Marana.
Marana vs Arizona Median
The median home price in Marana is $365,000, which is roughly in line with the Arizona state median of $380,000.
Mortgage Calculator — Marana, AZ
Pre-filled with Marana median home price and Arizona tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $365K home using Arizona's 0.62% tax rate and $2,100/yr insurance.
5% Down
$2,758/mo
Down: $18,250
Loan: $347K
P&I: $2,192
Tax: $189
Insurance: $175
PMI: $202
10% Down
$2,632/mo
Down: $36,500
Loan: $329K
P&I: $2,076
Tax: $189
Insurance: $175
PMI: $192
20% Down (No PMI)
$2,209/mo
Down: $73,000
Loan: $292K
P&I: $1,846
Tax: $189
Insurance: $175
Income needed (28% rule): $95K/year with 20% down, $113K/year with 10% down.
Rent vs Buy in Marana
Rent
$1,380/mo
vs
Buy (10% down)
$2,632/mo
Price-to-rent ratio: 22.0 — At a ratio above 20, renting may be more economical in Marana for shorter stays. Buying costs $1,252 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Marana is $365,000, roughly in line with the Arizona state median of $380,000. With a population of 52,007, Marana is a smaller market where home prices tend to be more accessible than in many parts of Arizona.
Property taxes in Arizona average 0.62% annually. This low property tax rate is a significant advantage for Marana buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Arizona runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Marana is $1,380/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Marana presents moderate affordability. The $365K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Marana.