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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

Grand Lake, CO Housing Affordability Index

Grand Lake, Colorado has an MBR Housing Affordability Index score of 105.1 (Near National Average) as of October 30, 2026, ranking 122nd most affordable of 284 scored Colorado cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $542,700 home with 20% down, the Colorado average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $2,981, or 34% of the city’s $103,750 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Grand Lake is updated every night from live Colorado 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.

Grand Lake MBR-HAI 105.1 Near National Average
Rank in Colorado 122 of 284 1 = most affordable
Colorado 83.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Colorado lenders
Median home value $542,700 U.S. Census Bureau

Grand Lake is 21.7 points above the Colorado score. Scores as of October 30, 2026. See the Colorado index

View Grand Lake Mortgage Rates

What It Takes to Buy in Grand Lake

$2,981/mo
Principal & Interest
Median home, 20% down, 7.31%
$127,700
Income Needed
To keep the payment at 28% of income
$103,750
Median Household Income
Colorado: $95,470
5.2x
Price-to-Income Ratio
Colorado: 5.6x
$977/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,750/yr
Median Property Tax
0.32% of median value
28.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
34.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Grand Lake Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Grand Lake, Colorado score: 105.1 (Near National Average), ranked 122 of 284 Colorado cities. monitorbankrates.com/housing-affordability-index/colorado/grand-lake”