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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

Danbury, IA Housing Affordability Index

Danbury, Iowa has an MBR Housing Affordability Index score of 244.7 (Highly Affordable) as of October 30, 2026, ranking 120th most affordable of 891 scored Iowa cities, compared with 126.4 statewide and 97.4 nationally. On a median-priced $85,600 home with 20% down, the Iowa average 30-year fixed rate of 7.17% means a monthly principal and interest payment of about $463, or 9% of the city’s $64,375 median household income.

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

Danbury MBR-HAI 244.7 Highly Affordable
Rank in Iowa 120 of 891 1 = most affordable
Iowa 126.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.17% Iowa lenders
Median home value $85,600 U.S. Census Bureau

Danbury is 118.3 points above the Iowa score. Scores as of October 30, 2026. See the Iowa index

View Danbury Mortgage Rates

What It Takes to Buy in Danbury

$463/mo
Principal & Interest
Median home, 20% down, 7.17%
$19,900
Income Needed
To keep the payment at 28% of income
$64,375
Median Household Income
Iowa: $75,059
1.3x
Price-to-Income Ratio
Iowa: 2.8x
$531/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$880/yr
Median Property Tax
1.03% of median value
7.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
22.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Danbury Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Danbury, Iowa score: 244.7 (Highly Affordable), ranked 120 of 891 Iowa cities. monitorbankrates.com/housing-affordability-index/iowa/danbury”