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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

Murphy, ID Housing Affordability Index

Murphy, Idaho has an MBR Housing Affordability Index score of 102.6 (Near National Average) as of October 30, 2026, ranking 121st most affordable of 187 scored Idaho cities, compared with 96.7 statewide and 97.4 nationally. On a median-priced $317,900 home with 20% down, the Idaho average 30-year fixed rate of 7.24% means a monthly principal and interest payment of about $1,732, or 27% of the city’s $76,116 median household income.

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

Murphy MBR-HAI 102.6 Near National Average
Rank in Idaho 121 of 187 1 = most affordable
Idaho 96.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.24% Idaho lenders
Median home value $317,900 U.S. Census Bureau

Murphy is 5.9 points above the Idaho score. Scores as of October 30, 2026. See the Idaho index

View Murphy Mortgage Rates

What It Takes to Buy in Murphy

$1,732/mo
Principal & Interest
Median home, 20% down, 7.24%
$74,200
Income Needed
To keep the payment at 28% of income
$76,116
Median Household Income
Idaho: $77,800
4.2x
Price-to-Income Ratio
Idaho: 5.4x
$1,589/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,753/yr
Median Property Tax
Idaho figure
27.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
45.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Murphy Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Murphy, Idaho score: 102.6 (Near National Average), ranked 121 of 187 Idaho cities. monitorbankrates.com/housing-affordability-index/idaho/murphy”