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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

Laurel, DE Housing Affordability Index

Laurel, Delaware has an MBR Housing Affordability Index score of 101.4 (Near National Average) as of October 30, 2026, ranking 41st most affordable of 59 scored Delaware cities, compared with 103.6 statewide and 97.4 nationally. On a median-priced $230,300 home with 20% down, the Delaware average 30-year fixed rate of 7.37% means a monthly principal and interest payment of about $1,271, or 31% of the city’s $48,644 median household income.

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

Laurel MBR-HAI 101.4 Near National Average
Rank in Delaware 41 of 59 1 = most affordable
Delaware 103.6 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.37% Delaware lenders
Median home value $230,300 U.S. Census Bureau

Laurel is 2.2 points below the Delaware score. Scores as of October 30, 2026. See the Delaware index

View Laurel Mortgage Rates

What It Takes to Buy in Laurel

$1,271/mo
Principal & Interest
Median home, 20% down, 7.37%
$54,500
Income Needed
To keep the payment at 28% of income
$48,644
Median Household Income
Delaware: $84,954
4.7x
Price-to-Income Ratio
Delaware: 4.1x
$874/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,346/yr
Median Property Tax
0.58% of median value
39.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
44.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Laurel Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Laurel, Delaware score: 101.4 (Near National Average), ranked 41 of 59 Delaware cities. monitorbankrates.com/housing-affordability-index/delaware/laurel”