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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

Shelton, CT Housing Affordability Index

Shelton, Connecticut has an MBR Housing Affordability Index score of 86.4 (Moderately Less Affordable) as of October 30, 2026, ranking 66th most affordable of 95 scored Connecticut cities, compared with 87.5 statewide and 97.4 nationally. On a median-priced $452,600 home with 20% down, the Connecticut average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $2,470, or 27% of the city’s $108,185 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Shelton is updated every night from live Connecticut 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.

Shelton MBR-HAI 86.4 Moderately Less Affordable
Rank in Connecticut 66 of 95 1 = most affordable
Connecticut 87.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% Connecticut lenders
Median home value $452,600 U.S. Census Bureau

Shelton is 1.1 points below the Connecticut score. Scores as of October 30, 2026. See the Connecticut index

View Shelton Mortgage Rates

What It Takes to Buy in Shelton

$2,470/mo
Principal & Interest
Median home, 20% down, 7.25%
$105,800
Income Needed
To keep the payment at 28% of income
$108,185
Median Household Income
Connecticut: $95,781
4.2x
Price-to-Income Ratio
Connecticut: 3.8x
$1,870/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$5,648/yr
Median Property Tax
1.25% of median value
27.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
50.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Shelton Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Shelton, Connecticut score: 86.4 (Moderately Less Affordable), ranked 66 of 95 Connecticut cities. monitorbankrates.com/housing-affordability-index/connecticut/shelton”