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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

New Berlin, IL Housing Affordability Index

New Berlin, Illinois has an MBR Housing Affordability Index score of 124.2 (Highly Affordable) as of October 30, 2026, ranking 914th most affordable of 1,249 scored Illinois cities, compared with 102.2 statewide and 97.4 nationally. On a median-priced $163,400 home with 20% down, the Illinois average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $897, or 15% of the city’s $70,179 median household income.

The MBR Housing Affordability Index (MBR-HAI) for New Berlin is updated every night from live Illinois 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.

New Berlin MBR-HAI 124.2 Highly Affordable
Rank in Illinois 914 of 1,249 1 = most affordable
Illinois 102.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Illinois lenders
Median home value $163,400 U.S. Census Bureau

New Berlin is 22.0 points above the Illinois score. Scores as of October 30, 2026. See the Illinois index

View New Berlin Mortgage Rates

What It Takes to Buy in New Berlin

$897/mo
Principal & Interest
Median home, 20% down, 7.31%
$38,500
Income Needed
To keep the payment at 28% of income
$70,179
Median Household Income
Illinois: $83,390
2.3x
Price-to-Income Ratio
Illinois: 3.2x
$1,274/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,308/yr
Median Property Tax
2.02% of median value
26.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
47.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the New Berlin Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. New Berlin, Illinois score: 124.2 (Highly Affordable), ranked 914 of 1,249 Illinois cities. monitorbankrates.com/housing-affordability-index/illinois/new-berlin”