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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

Steamboat Springs, CO Housing Affordability Index

Steamboat Springs, Colorado has an MBR Housing Affordability Index score of 69.0 (Significantly Less Affordable) as of October 30, 2026, ranking 270th most affordable of 284 scored Colorado cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $981,800 home with 20% down, the Colorado average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $5,392, or 62% of the city’s $104,964 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Steamboat Springs 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.

Steamboat Springs MBR-HAI 69.0 Significantly Less Affordable
Rank in Colorado 270 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 $981,800 U.S. Census Bureau

Steamboat Springs is 14.3 points below the Colorado score. Scores as of October 30, 2026. See the Colorado index

View Steamboat Springs Mortgage Rates

See What You Can Afford in Steamboat Springs, Colorado

Use this Steamboat Springs, Colorado home affordability calculator to see how much house you can afford at today’s Colorado average 30-year mortgage rate of 7.31%. A household earning the Steamboat Springs median income of $104,964, with no other debts and $196,000 down, can afford a home of about $504,382, compared with a median home value of $981,800. Buying the median priced home with 20% down takes a household income of about $258,800 once property tax and insurance are counted.

Steamboat Springs median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Colorado average, 30-year fixed
Steamboat Springs median bill (Census)
Estimate; use your quote
You can afford a home up to
$504,382
Below the Steamboat Springs median home value of $981,800
Loan amount$308,382
Principal & interest$2,117/mo
Property tax$122/mo
Home insurance$210/mo
PMI$0/mo
Total monthly payment$2,449/mo
Compare Steamboat Springs Mortgage Rates

How much house can you afford in Steamboat Springs?

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 Steamboat Springs, property taxes run about 0.29% 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 $6,845 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 Steamboat Springs

$5,392/mo
Principal & Interest
Median home, 20% down, 7.31%
$231,100
Income Needed
To keep principal and interest at 28% of income
$104,964
Median Household Income
Colorado: $95,470
9.4x
Price-to-Income Ratio
Colorado: 5.6x
$2,060/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,807/yr
Median Property Tax
0.29% of median value
36.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
57.9%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Steamboat Springs Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Steamboat Springs, Colorado score: 69.0 (Significantly Less Affordable), ranked 270 of 284 Colorado cities. monitorbankrates.com/housing-affordability-index/colorado/steamboat-springs”