Mortgage Rates in Waddell, ArizonaMarch 2026

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

30-Year Fixed
6.79%
15-Year Fixed
6.02%
Median Home Price
$363,000
Est. Monthly Payment
$2,085

Waddell is a growing city in Arizona with a population of 10,515. The current 30-year fixed mortgage rate in Waddell is 6.79%, which is 0.14% above the national average. With a median home price of $363,000 and a 20% down payment of $72,600, homebuyers can expect a monthly principal and interest payment of approximately $1,891.

Current Mortgage Rates in Waddell, AZ

Below are the current average mortgage rates available in the Waddell 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 Fixed6.79%6.65%+0.14%
15-Year Fixed6.02%5.89%+0.13%
5/1 ARM6.27%6.15%+0.12%
FHA6.52%6.25%+0.27%
VA6.27%6.05%+0.22%
Jumbo7.04%6.85%+0.19%

Waddell Housing Market Overview

The Waddell housing market reflects moderate demand with prices near the national average. The median household income in Waddell is $57,500, and the cost of living index is 102.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $89,357 to comfortably afford the median-priced home in Waddell, which exceeds the current median household income.

Population
10,515
Median Income
$57,500
Property Tax Rate
0.64%
Cost of Living
102.5
Down Payment (20%)
$72,600
Income Needed
$89,357

Monthly Payment Breakdown for Waddell

Based on the median home price of $363,000 with 20% down ($72,600), here is what you can expect to pay monthly in Waddell:

Principal & Interest (30-yr at 6.79%)$1,891
Property Tax$194
Estimated Insurance$91
Total Estimated Monthly$2,176

15-Year vs. 30-Year Mortgage in Waddell

Choosing a 15-year mortgage in Waddell at 6.02% instead of a 30-year at 6.79% would save you $239,040 in total interest over the life of the loan. However, your monthly payment would be $2,454 instead of $1,891 — an increase of $563 per month.

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Frequently Asked Questions About Mortgages in Waddell

What are the current mortgage rates in Waddell, AZ?

As of March 2026, the average 30-year fixed mortgage rate in Waddell, Arizona is 6.79%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.14% above the national average of 6.65%.

How much is a monthly mortgage payment in Waddell?

Based on the median home price of $363,000 with 20% down, the estimated monthly mortgage payment in Waddell is $1,891 for principal and interest. Including property taxes of $194/month, the total monthly housing cost is approximately $2,085.

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

Using the 28% rule, you would need an annual income of approximately $89,357 to afford the median-priced home in Waddell at $363,000. The median household income in Waddell is $57,500. This means most households would need to either earn above the median or consider homes below $363,000.

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

Waddell has a moderate cost of living with a cost of living index of 102.5 (national average = 100). The property tax rate in Arizona is 0.64%, which is below the national average. Waddell has a population of 10,515 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 Waddell, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.