MonitorBankRates
☰
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

Niceville, FL Housing Affordability Index

Niceville, Florida has an MBR Housing Affordability Index score of 100.1 (Near National Average) as of October 30, 2026, ranking 243rd most affordable of 479 scored Florida cities, compared with 92.5 statewide and 97.4 nationally. On a median-priced $423,500 home with 20% down, the Florida average 30-year fixed rate of 7.14% means a monthly principal and interest payment of about $2,286, or 27% of the city’s $102,409 median household income.

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

Niceville MBR-HAI 100.1 Near National Average
Rank in Florida 243 of 479 1 = most affordable
Florida 92.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.14% Florida lenders
Median home value $423,500 U.S. Census Bureau

Niceville is 7.5 points above the Florida score. Scores as of October 30, 2026. See the Florida index

View Niceville Mortgage Rates

What It Takes to Buy in Niceville

$2,286/mo
Principal & Interest
Median home, 20% down, 7.14%
$98,000
Income Needed
To keep the payment at 28% of income
$102,409
Median Household Income
Florida: $74,568
4.1x
Price-to-Income Ratio
Florida: 4.8x
$1,605/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,479/yr
Median Property Tax
0.82% of median value
32.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
50.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Niceville Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Niceville, Florida score: 100.1 (Near National Average), ranked 243 of 479 Florida cities. monitorbankrates.com/housing-affordability-index/florida/niceville”