Arizona Property Tax Exemptions 2026: Homestead, Senior, Veteran & Disability

Arizona (AZ) homeowners have several ways to legally reduce their property tax bill — homestead reductions, senior credits, veteran exemptions, and disability programs. This page lists every Arizona property tax exemption available in 2026, who qualifies, dollar amounts, and how to apply.

Quick answer: The most common Arizona property tax exemption is the general homestead reduction for owner-occupied primary residences. Additional savings stack on top for residents who are age 65+, disabled, a disabled veteran, or a surviving spouse. Most Arizona exemptions require a one-time application with the local county assessor; some need annual income recertification.

Estimated Annual Savings — Arizona

How much can a Arizona homeowner save with the homestead exemption?

For a median Arizona home valued at $358,900 (current annual tax $1,858), the general homestead reduction alone is worth roughly:

$247
est. saved per year
$47,712
value reduction
0.52%
effective rate
See Arizona county rates →

All Arizona property tax exemptions at a glance

ExemptionWho qualifiesBenefitTypical savings
Homestead (general)Owner-occupied primary residence~$47,712 value reduction$247/yr est.
Senior / Age 65+Owner-occupied; age 65+; often income-cappedAdditional reduction or freeze$200 – $2,000/yr
Disabled veteranService-connected disability ratingUp to 100% exemption in many states$1,000 – full bill
Disability (non-veteran)Permanent total disabilityReduction + sometimes freeze$200 – $1,500/yr
Surviving spouseOf veteran, first responder, or seniorContinuation of decedent's exemptionSame as deceased's benefit
Agricultural / farmActive agricultural useUse-value assessment instead of market30% – 80% lower bill

Estimated savings use Arizona's effective property tax rate of 0.52% on the median home value of $358,900. Your actual savings depend on your county assessor's millage and how exemptions are applied to assessed (vs. market) value.

Proposition 117 and the 5% LPV Cap

Prior to Proposition 117, Arizona property taxes could rise dramatically in hot housing markets as full cash values tracked market appreciation. Prop 117 decoupled tax growth from market growth.

How the cap works

Each year, the assessor calculates LPV as the lesser of:

Over years of rising markets, LPV drifts below FCV. An Arizona home purchased in 2018 might now have FCV of $500,000 but LPV of only $380,000 — the $120,000 gap is tax-protected until a triggering event (new construction, reclassification, sale).

What triggers a reset

Notably, sale alone does not trigger a reset in Arizona — the LPV cap passes through to the buyer. This is different from California Prop 13 (where sale triggers reassessment).

Important: Prop 117 does not freeze property tax. It caps the value base. Tax can still rise if voters approve new millage, bond issues, or overrides. The cap only limits the effect of market-driven value increases.

Senior Property Valuation Protection Option

Arizona offers a county-administered senior freeze separate from the Prop 117 cap. The Senior Property Valuation Protection Option (sometimes called Senior Freeze) fixes a qualifying senior homeowner's LPV for a renewable three-year period.

Eligibility for 2026

What the freeze does

Locks the LPV at the value as of the application date. For three tax years, the LPV does not rise (unless new construction is added). At the end of the three years, owners must reapply.

What the freeze does NOT do

Application

Submit Form DOR 82104 with your county assessor's office by September 1, 2026 to lock the 2027 values. Renewal is required every three years.

Frequently Asked Questions

Who qualifies for the Arizona senior freeze in 2026?

Homeowners age 65+ with at least 2 years of primary residence in the home, and average household income (all owners, 3-year average) at or below $47,712 (single owner) or $59,640 (multiple owners) for 2026. Freezes LPV for a renewable 3-year term. Apply with the county assessor by September 1, 2026 to lock 2027 values.

Does Arizona have a property tax exemption for seniors?

Arizona does not have a dollar-amount homestead exemption for seniors. Relief comes from the Senior Property Valuation Protection Option (freezes LPV for 3 years), the Widow/Widower or Disability exemption (up to $4,748 assessed value off), and the Property Tax Refund Credit (state income tax credit up to $502 for very low-income seniors).

Now check your county's actual rate

Exemptions reduce the taxable amount — but the millage your county charges is what determines the bill. See the 2026 effective rate for every Arizona county.

Browse Arizona Counties → Read the full Arizona guide
Sources & References

Arizona Department of Revenue — Property Tax · Arizona DOR — Senior Property Valuation Protection Option · Pima County Assessor — Senior Freeze Application (2026) · Mohave County Assessor — Senior Valuation Freeze · Arizona Revised Statutes Title 42 (Taxation) · Proposition 117 Official Text. Exemption amounts and filing deadlines verified against the 2025-2026 legislative sessions and official state publications. Always verify with your local assessor before filing — programs change annually. This page is informational and is not tax or legal advice.