Rent here is among the highest 10% in the country. A typical house costs about 6.2 years of household income, so buying is hard for most locals. Most homes (88%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $117,600 a year. That is $57 an hour at a full-time job.
Is rent cheaper than other Arizona cities?
No. Rent here is more expensive than in most of Arizona. It is number 89 of 93 cities from cheapest to most expensive.
How much do households earn in Sun Lakes?
Share of households by yearly income. 20.7% of households earn $100,000 or more.
Rent by apartment size in Sun Lakes
| Size | Sun Lakes | U.S. average |
|---|---|---|
| 1 bedroom | $2,804 | $1,324 |
| 2 bedrooms | $1,899 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Sun Lakes overall?
Everyday prices in Arizona overall are 1% above the U.S. average (index 100.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sun Lakes, so the Arizona figure is shown.
Taxes and bills in Sun Lakes
Life in Sun Lakes
Is it cheaper to rent or buy in Sun Lakes?
Renting is cheaper right now: about $218 a month less.
Owning assumes a typical $455,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,520 for the down payment.
Frequently asked questions
What is the average rent in Sun Lakes, AZ?
Renting in Sun Lakes costs a median of about $2,940 a month in 2026, including utilities. The Arizona median is $1,671.
How much do I need to make to live in Sun Lakes?
To keep rent under 30% of income, you need about $117,600 a year, or $57 an hour at a full-time job.
Is Sun Lakes cheap or expensive?
Sun Lakes is rated Expensive: rent takes 48.2% of the typical household income of $73,179. It ranks 89th cheapest of 93 Arizona cities we track.
How much are property taxes in Sun Lakes?
The median homeowner in Sun Lakes pays $2,658 a year in property taxes, about 0.58% of the median home value.
Is Sun Lakes more expensive than the national average?
Overall prices in Arizona are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Sun Lakes?
The median home value in Sun Lakes is $455,200, about 6.2 times the typical yearly household income.
13,924 people live in Sun Lakes. Numbers are typical (middle) values.