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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Monette, AR Housing Affordability Index

Monette, Arkansas has an MBR Housing Affordability Index score of 199.1 (Highly Affordable) as of October 30, 2026, ranking 115th most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $114,200 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $623, or 14% of the city’s $54,167 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Monette is updated every night from live Arkansas mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Monette MBR-HAI 199.1 Highly Affordable
Rank in Arkansas 115 of 450 1 = most affordable
Arkansas 135.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% Arkansas lenders
Median home value $114,200 U.S. Census Bureau

Monette is 63.3 points above the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Monette Mortgage Rates

What It Takes to Buy in Monette

$623/mo
Principal & Interest
Median home, 20% down, 7.25%
$26,700
Income Needed
To keep the payment at 28% of income
$54,167
Median Household Income
Arkansas: $60,773
2.1x
Price-to-Income Ratio
Arkansas: 3.1x
$541/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$619/yr
Median Property Tax
0.54% of median value
20.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
13.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Monette, Arkansas. The rate is the Arkansas average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Monette Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Monette, Arkansas score: 199.1 (Highly Affordable), ranked 115 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/monette”