Should you rent or buy a second home in Fountain Hills, AZ?

Should you rent or buy a second home in Fountain Hills, AZ?

Let’s break down the pros and cons of both options and what to consider before making your move.

Renting a Home in Fountain Hills for the Winter

Renting a home during the winter season is a great way to test the waters before committing long-term. Our seasonal rental market offers a wide variety of properties ranging in price, style, and size.

Typical rental pricing:

The rental market is robust, with single-family homes typically renting for $3,500 to $7,000+ per month, depending on location, amenities, views, and proximity to golf or hiking. Condos and villas range from $2,500 to $6,000 monthly, with properties near downtown and the Fountain commanding premium rates.

Pros of Renting:

• Low commitment with flexible lease terms.
• Ideal if you’re new to the area and want to explore.
• No maintenance responsibilities.
• Great for short-term visits or trying different neighborhoods.

Things to Consider:

• High demand for winter rentals means availability can be limited.
• Rental prices increase significantly during peak season (December–April).
• You’re not building equity or gaining long-term financial benefit.

Buying a Second Home in Fountain Hills

If you’ve visited Fountain Hills and fallen in love with the weather, the mountain views, and the peaceful lifestyle, buying a second home might make sense—especially if you’re thinking about long-term use, retirement, or frequent visits from family.

Reasons to Consider Buying:

• Long-term equity building: Fountain Hills property values have shown impressive long-term growth in the past 10 years, the average home sales price more than doubled, rising from $401,404 in April 2015 to $867,591 in April 2025.
• Family visits: If you’re hosting kids or grandkids regularly, having a place of your own gives you space and flexibility.  You’re also able to allow family members access in the spring, summer, and fall, during school breaks!
• Rental income potential: If you decide to take a season off, our in-house property manager can help you rent your home when you’re not using it.
• Tax benefits: Mortgage interest and property taxes may be deductible (consult your financial advisor).

Ownership Perks:

• Customize your space and make it your own.
• Avoid rising seasonal rental prices and availability issues.
• Potentially offset costs with seasonal rentals.

 Our Local Advice

We’ve helped many clients just like you who were deciding between renting and buying a second home in Fountain Hills. Here’s what we often recommend:

If you’re planning to return year after year, host family frequently, or want to build long-term value in a desirable Arizona community, buying a second home may be the smarter move—especially with strong resale value in this one-of-a-kind community of homes ranging from small condominiums to beautiful custom homes on large lots with mountain views, near miles of scenic hiking trails.  Fountain Hills is also minutes away from several airports and the world-renowned shopping mecca of Scottsdale.

 Thinking About Buying in Fountain Hills?

At the Sonoran Lifestyle Team with RE/MAX Sun Properties, we specialize in helping winter visitors and second-home buyers find the perfect home for their lifestyle and budget. Whether you’re looking for a lock-and-leave villa or a spacious home with room for family, we’re here to guide you every step of the way. Plus, our in-house property manager can help you rent out your home when you’re not using it, stress-free.

Ready to Explore Your Options?

Contact us today 480-837-1331 to learn more about current listings, seasonal rentals, and the benefits of owning a home in Fountain Hills.