Mortgage Rates in South Tucson, ArizonaMarch 2026

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

30-Year Fixed
6.68%
15-Year Fixed
5.94%
Median Home Price
$405,000
Est. Monthly Payment
$2,282

South Tucson is a smaller Arizona community of 26,188 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.68% (0.03% above the national average). The median home price of $405,000 translates to roughly $2,282/month with 20% down — requiring an income of about $97,800, which exceeds the local median of $70,500.

Current Mortgage Rates in South Tucson, AZ

Below are the current average mortgage rates available in the South Tucson 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 Fixed6.68%6.65%+0.03%
15-Year Fixed5.94%5.89%+0.05%
5/1 ARM6.21%6.15%+0.06%
FHA6.47%6.25%+0.22%
VA6.22%6.05%+0.17%
Jumbo6.93%6.85%+0.08%

South Tucson Housing Market Overview

Housing in South Tucson sits near the national average at $405,000. With a median household income of $70,500 and a cost of living index of 106.5, some buyers may need to look at lower price points or consider larger down payments.

Population
26,188
Median Income
$70,500
Property Tax Rate
0.58%
Cost of Living
106.5
Down Payment (20%)
$81,000
Income Needed
$97,800

Monthly Payment Breakdown for South Tucson

Based on the median home price of $405,000 with 20% down ($81,000), here is what you can expect to pay monthly in South Tucson:

Principal & Interest (30-yr at 6.68%)$2,086
Property Tax$196
Estimated Insurance$101
Total Estimated Monthly$2,383

15-Year vs. 30-Year Mortgage in South Tucson

Choosing a 15-year mortgage in South Tucson at 5.94% instead of a 30-year at 6.68% would save you $260,640 in total interest over the life of the loan. However, your monthly payment would be $2,724 instead of $2,086 — an increase of $638 per month.

Calculate Your South Tucson Mortgage Payment

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Frequently Asked Questions About Mortgages in South Tucson

What are the current mortgage rates in South Tucson, AZ?

As of March 2026, the average 30-year fixed mortgage rate in South Tucson, Arizona is 6.68%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.03% above the national average of 6.65%.

How much is a monthly mortgage payment in South Tucson?

Based on the median home price of $405,000 with 20% down, the estimated monthly mortgage payment in South Tucson is $2,086 for principal and interest. Including property taxes of $196/month, the total monthly housing cost is approximately $2,282.

What income do I need to buy a home in South Tucson?

Using the 28% rule, you would need an annual income of approximately $97,800 to afford the median-priced home in South Tucson at $405,000. The median household income in South Tucson is $70,500. This means most households would need to either earn above the median or consider homes below $405,000.

Is South Tucson a good place to buy a home in 2026?

South Tucson has a moderate cost of living with a cost of living index of 106.5 (national average = 100). The property tax rate in Arizona is 0.58%, which is below the national average. South Tucson has a population of 26,188 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 South Tucson, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.