salaryRent is lower than in 62% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 4.6 years of household income. Most homes (96.1%) are owned, so rentals can be hard to find. It is a highly educated city: 58.8% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $57,120 a year. That is $27 an hour at a full-time job.
Is rent cheaper than other Arizona cities?
Yes. Rent here is cheaper than in most of Arizona. It is number 38 of 93 cities from cheapest to most expensive.
How much do households earn in Tanque Verde?
Share of households by yearly income. 48.2% of households earn $100,000 or more.
Rent by apartment size in Tanque Verde
| Size | Tanque Verde | U.S. average |
|---|---|---|
| 1 bedroom | $1,139 | $1,324 |
| 3 bedrooms | $2,156 | $1,698 |
| 4 bedrooms | $3,122 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Tanque Verde 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 Tanque Verde, so the Arizona figure is shown.
Taxes and bills in Tanque Verde
Life in Tanque Verde
Is it cheaper to rent or buy in Tanque Verde?
Renting is cheaper right now: about $2,790 a month less.
Owning assumes a typical $607,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $60,790 for the down payment.
Frequently asked questions
What is the average rent in Tanque Verde, AZ?
Renting in Tanque Verde costs a median of about $1,428 a month in 2026, including utilities. The Arizona median is $1,671.
How much do I need to make to live in Tanque Verde?
To keep rent under 30% of income, you need about $57,120 a year, or $27 an hour at a full-time job.
Is Tanque Verde cheap or expensive?
Tanque Verde is rated Cheap: rent takes 13.1% of the typical household income of $131,145. It ranks 38th cheapest of 93 Arizona cities we track.
How much are property taxes in Tanque Verde?
The median homeowner in Tanque Verde pays $3,788 a year in property taxes, about 0.62% of the median home value.
Is Tanque Verde 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 Tanque Verde?
The median home value in Tanque Verde is $607,900, about 4.6 times the typical yearly household income.
15,866 people live in Tanque Verde. Numbers are typical (middle) values.