Oro Valley, AZ

Above Avg · 120

Arizona · Population 47,595 · Updated March 2026

$1,602
Median Rent / Month
$105,342
Median Income
$440,400
Median Home Value
$1,468
Owner Costs / Month

Affordability

How far your income goes in Oro Valley

18.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Arizona

State-level tax rates that affect your costs

2.5%
Income Tax (Top Rate)
5.6%
Sales Tax
0.62%
Property Tax Rate

Estimated Annual Costs

$19,224
Annual Rent
$2,634
State Income Tax
$2,730
Property Tax (est.)

Cost of Living Overview

Oro Valley has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 120 (where 100 equals the national median), Oro Valley residents can expect to pay median rent of $1,602/month while earning a median household income of $105,342/year.

The median home value in Oro Valley, AZ is $440,400, with typical monthly owner costs around $1,468 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Arizona has a moderate income tax rate of 2.5%. Combined with a 5.6% sales tax rate and 0.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in Oro Valley.

Frequently Asked Questions

Common questions about living costs in Oro Valley

What is the cost of living in Oro Valley, AZ?
The cost of living index in Oro Valley, AZ is 120 (US average = 100). Median monthly rent is $1,602, median household income is $105,342/year, and the median home value is $440,400.
Is Oro Valley, AZ affordable?
No, Oro Valley is more expensive than the national average with a cost index of 120. The rent-to-income ratio is 18.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Oro Valley, AZ?
The median gross rent in Oro Valley, AZ is $1,602 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,224.
What is the median household income in Oro Valley?
The median household income in Oro Valley, AZ is $105,342 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Arizona?
Arizona has a top income tax rate of 2.5%, a sales tax of 5.6%, and an effective property tax rate of 0.62%.