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City · 5,091 residents · Maricopa County, Arizona

Cave Creek , Arizona

In Cave Creek, a typical home is worth $906,100 and typical rent is $2,493 a month. Compared with all of Maricopa County, the typical home value is 100% higher, typical rent is 46% higher, and the share of households that own their home is 29 points higher.

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  • Typical home value

    $906,100

    100% above the county

    130% above Arizona

    • Cave Creek
    • Maricopa
    • Arizona

  • Typical rent

    $2,493a month

    46% above the county

    62% above Arizona

    • Cave Creek
    • Maricopa
    • Arizona

  • Typical household income

    $107,067a year

    20% above the county

    34% above Arizona

    • Cave Creek
    • Maricopa
    • Arizona

  • Households that own their home

    95%

    29 points above the county

    27 points above Arizona

    • Cave Creek
    • Maricopa
    • Arizona

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$1,043,772
2.5% more than 12 months ago
Typical rent
$3,047 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Cave Creek is in Maricopa County. The FHA loan limit ($557,750 for a one-unit home), the fair market rents and the help on this page are those of all of Maricopa County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Cave Creek apart

What this place has that others do not, from public data, most unusual first.

  1. 95% of households in Cave Creek own their home, against 65% in Maricopa County.

  2. The typical home in Cave Creek is worth $906,100, 100% more than in Maricopa County as a whole ($452,800).

  3. Nearby, in Phoenix, the typical home value is $420,700: 54% less than in Cave Creek ($906,100).

  4. The typical rent in Cave Creek is $2,493 a month, 46% more than in Maricopa County as a whole ($1,708).

  5. Nearby, in Phoenix, the typical rent is $1,582: 37% less than in Cave Creek ($2,493).

  6. According to Zillow, in the 12 months to September 2026 the typical home value in Cave Creek rose 2.5%; in Arizona, it fell 1%.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Cave Creek

What homes there are in Cave Creek, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Cave Creek, 8 in 10 homes are single-family detached houses; in Maricopa County, 6.

Year built

Homes in Cave Creek are newer: the typical year built is 1998; in Maricopa County, 1993.

There is more room for a big family here: 71% of homes have 3 bedrooms or more, against 61% in Maricopa County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,625 a month

Maricopa County: $1,931 a month

Without a mortgage

$755 a month

Maricopa County: $575 a month

Owners with a mortgage

60%

Maricopa County: 67%

Owning costs more in Cave Creek: with a mortgage, the typical cost is $2,625 a month; in Maricopa County, $1,931. Without one, $755.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Cave Creek rose 88%; in Maricopa County, it rose 74%.

Since 2015–2019, the typical rent in Cave Creek rose 87%, more than in Maricopa County (52%).

Here income did not keep up with housing: it rose 28%, while home values changed +88% and rent +87%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCave CreekMaricopa CountyArizonaUnited States
Rental vacancy Unreliable estimate6.0%5.8%5.5%
Homeowner vacancy Unreliable estimate0.9%1.0%0.9%
More than one person per room Unreliable estimate4.3%4.3%3.4%
People per household 2.092.592.532.53
Drive alone 50%65%67%69%
Carpool Unreliable estimate10%10%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 37%21%18%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Cave Creek are smaller: 2.09 people on average; in Maricopa County, 2.59.

In Cave Creek, 37% of workers work from home, more than in Maricopa County (21%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Cave Creek?

A typical home costs more than the typical income allows

We start with a typical home in Cave Creek, worth $906,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 80% of the typical household income in Cave Creek, which is $107,067 a year. For that payment to be 28% of income, a household would need to earn about $306,641 a year. Note: at that price the loan is above the FHA limit for Maricopa County ($557,750), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Maricopa County.

Your numbers

Local data
$

Starts at the typical home value in Cave Creek. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $31,714 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$7,155

at 7.18% · 30 years

Loan amount
$889,688
Total interest
$1,280,052
Paid off in
November 2056

Includes $15,302 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,498 a month

  • Tight

    $2,498 to $3,212 a month

  • Hard

    more than $3,212 a month

    Your payment · 80%

Compared with the typical household income in Cave Creek ($107,067 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,155
Principal & interest$6,027
Property tax$204
Home insurance$378
FHA mortgage insurance (MIP)$546

This loan is over the FHA limit

You'd borrow $874,386, but the FHA limit for a one-unit home in Cave Creek is $557,750. You'd need a bigger down payment or a different loan.

You need at least $31,714 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Cave Creek and Maricopa County

Cave Creek is in Maricopa County, Arizona. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Cave Creek's own numbers

Typical home value
$906,100
Typical monthly rent
$2,493
Typical yearly household income
$107,067
Households that own their home
95%
Effective property tax rate
0.27%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Maricopa County

FHA limit, one-unit home
$557,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
1.4%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Maricopa County.

Everything about Maricopa County

Buying

Buying a home in Cave Creek

A typical home in Cave Creek is worth $906,100: 100% above the county and 130% above Arizona. With the typical household income in Cave Creek ($107,067 a year), a typical home costs 8.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Cave Creek 8.5 years
  • Maricopa 5.1 years
  • Arizona 4.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Maricopa County

According to FHFA’s house price index, home prices in Maricopa County rose 125% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Maricopa County.

Period County Arizona U.S.
Last year (2025) +0.7% +0.9% +2.9%
5 years (2020–2025) +56% +55% +47%
10 years (2015–2025) +125% +119% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Cave Creek next to Maricopa County, Arizona and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Cave Creek $906,100
  • Maricopa $452,800
  • Arizona $394,500
  • United States $332,700
Typical monthly rent
  • Cave Creek $2,493
  • Maricopa $1,708
  • Arizona $1,543
  • United States $1,413
Typical yearly household income
  • Cave Creek $107,067
  • Maricopa $89,300
  • Arizona $79,964
  • United States $80,734
See the full table
Cave Creek next to Maricopa County and Arizona
Measure Cave Creek Maricopa County Arizona U.S.
Typical home value $906,100 $452,800 $394,500 $332,700
Typical monthly rent $2,493 $1,708 $1,543 $1,413
Typical yearly household income $107,067 $89,300 $79,964 $80,734
Households that own their home 95% 65% 67% 65%
Typical yearly property tax $2,443 $1,983 $1,879 $3,119
Effective property tax rate 0.27% 0.44% 0.48% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Maricopa County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Cave Creek

For a typical $906,100 home in Cave Creek, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Cave Creek's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,155a month

    Above the FHA limit for Maricopa County ($557,750)
    Down payment
    $31,714
    Cash to close
    $58,897
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $546

  • Conventional, 5% down $6,843a month

    Above the conventional limit for Maricopa County ($832,750): it would be a "jumbo" loan
    Down payment
    $45,305
    Cash to close
    $72,488
    Rate
    7.18%
    Mortgage insurance
    PMI · $430

  • Conventional, 20% down, no PMI $5,492a month

    Least cash to close
    Down payment
    $181,220
    Cash to close
    $208,403
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $6,330a month

    Down payment
    $135,915
    Cash to close
    $163,098
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 20% down, no PMI.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Cave Creek and for Maricopa County.

Property tax

Effective rate in Cave Creek

0.27%of the home’s value each year

$2,443 a year for the typical owner in Cave Creek.

  • Cave Creek 0.27%
  • Maricopa 0.44%
  • Arizona 0.48%

What Arizona publishes Senior Property Valuation Protection (valuation freeze) (Arizona Department of Revenue (ADOR))

Exemptions and deadlines in Arizona

Flood risk in Maricopa County

FEMA does not publish these numbers by city: they are for all of Maricopa County.

Homes in the high-risk zone
1.4%
20,901
Of those, with NFIP insurance
29%
County Arizona U.S.
Homes in the high-risk zone 1.4% 2.2% 3.5%
Of those, with NFIP insurance 29% 21% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Cave Creek

Typical rent in Cave Creek is $2,493 a month: 46% above the county.

HUD publishes a fair market rent for all of Maricopa County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.

HUD fair market rent for all of Maricopa County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,390 $26.73 $55,600
1 bedroom $1,493 $28.71 $59,720
2 bedrooms $1,734 $33.35 $69,360
3 bedrooms $2,287 $43.98 $91,480
4 bedrooms $2,537 $48.79 $101,480

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Cave Creek

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Cave Creek is in ZIP code 85331.

For 2 bedrooms it is $2,600: $866 more than the fair market rent for Maricopa County ($1,734).

  • 85331 $2,600$3,430

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Cave Creek when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Cave Creek

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 12 HUD-approved agencies with an office in Maricopa County; 11 say they serve in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Cave Creek

2 programs are for Cave Creek or Maricopa County, by their own records: they come first, each with what its official page says about being open. The ones below are statewide in Arizona: they work in Cave Creek the same as in the rest of the state.

Which programs do I qualify for? All programs in Arizona

  • Home in Five Advantage

    For Maricopa County

    Help from the Phoenix and Maricopa County development authorities for the down payment and closing costs in Maricopa County: up to 6% as a second loan, forgivable or with payments depending on the option; no first-time buyer requirement. Offered by Maricopa County Industrial Development Authority and The Industrial Development Authority of the City of Phoenix.

    ForgivableRepayable

    See the program Official page

  • Rental Assistance (Maricopa County Human Services)

    For Maricopa County

    Maricopa County help with the deposit or the month's rent for people who live outside Glendale, Mesa and Phoenix and went through a crisis. Offered by Maricopa County Human Services Department, Senior Services and Community Resilience Division.

    Rental

    See the program Official page

  • Home Plus

    Statewide in Arizona

    Open, per the source

    Arizona IDA down payment assistance across Arizona: a second loan with no interest and no payments, forgiven after five years. Offered by Arizona Industrial Development Authority (Arizona IDA).

    ForgivableDeferred

    See the program Official page

Housing counselors near Cave Creek

The HUD-approved agencies closest to the center of Cave Creek, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Take Charge America

    20430 N 19th Ave, Phoenix · 13 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (866) 987-2008

  • Take Charge America- El Centro

    20430 N 19th Ave, Phoenix · 13 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (866) 987-2008

  • Credit Advisors Foundation

    7525 E Camelback Rd, Scottsdale · 23 miles away · Spanish

    Also serves in Korean and other languages.

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (402) 514-3340

Every agency in Maricopa County All counseling agencies in Arizona

Help in Spanish near Cave Creek

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Cave Creek

HUD’s record names them for Cave Creek or Maricopa County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Maricopa County Section 8 vouchers (602) 744-4500

8 other authorities have an office in Maricopa County: see the list Source: HUD

Cities

Other cities in Maricopa County

These cities are also in Maricopa County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Maricopa County Housing in Arizona
See 15 more cities in Maricopa County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Cave Creek, with the typical home value.

Neighboring counties

If Maricopa County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Cave Creek.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Cave Creek

Short answers with the numbers for Cave Creek and all of Maricopa County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Cave Creek?

The typical home value in Cave Creek is $906,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Maricopa County it is $452,800.

How much does it cost to rent in Cave Creek?

Typical rent in Cave Creek is $2,493 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Maricopa County is $1,734.

What is the FHA loan limit in Cave Creek?

Cave Creek uses the FHA limit for all of Maricopa County (2026): $557,750 for a one-unit home and $1,072,600 for a four-unit home.

How much property tax do owners pay in Cave Creek?

The typical homeowner in Cave Creek pays $2,443 a year, according to the U.S. Census Bureau. That is 0.27% of the home’s value; in Maricopa County, the rate is 0.44%.

Where can I find free help to buy or rent in Cave Creek?

There are 12 HUD-approved counseling agencies with an office in Maricopa County. 11 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).