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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

Summers, AR Housing Affordability Index

Summers, Arkansas has an MBR Housing Affordability Index score of 138.3 (Highly Affordable) as of October 30, 2026, ranking 350th most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $162,500 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $887, or 16% of the city’s $65,645 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Summers 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.

Summers MBR-HAI 138.3 Highly Affordable
Rank in Arkansas 350 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 $162,500 U.S. Census Bureau

Summers is 2.6 points above the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Summers Mortgage Rates

See What You Can Afford in Summers, Arkansas

Use this Summers, Arkansas home affordability calculator to see how much house you can afford at today’s Arkansas average 30-year mortgage rate of 7.25%. A household earning the Summers median income of $65,645, with no other debts and $33,000 down, can afford a home of about $215,730, compared with a median home value of $162,500. Buying the median priced home with 20% down takes a household income of about $44,800 once property tax and insurance are counted.

Summers median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Arkansas average, 30-year fixed
Summers median bill (Census)
Estimate; use your quote
You can afford a home up to
$215,730
At or above the Summers median home value of $162,500
Loan amount$182,730
Principal & interest$1,247/mo
Property tax$119/mo
Home insurance$90/mo
PMI$76/mo
Total monthly payment$1,532/mo
Compare Summers Mortgage Rates

How much house can you afford in Summers?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Summers, property taxes run about 0.66% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $3,717 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Summers

$887/mo
Principal & Interest
Median home, 20% down, 7.25%
$38,000
Income Needed
To keep principal and interest at 28% of income
$65,645
Median Household Income
Arkansas: $60,773
2.5x
Price-to-Income Ratio
Arkansas: 3.1x
$1,669/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,075/yr
Median Property Tax
Arkansas figure
100.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Summers Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Summers, Arkansas score: 138.3 (Highly Affordable), ranked 350 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/summers”