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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

Minden, IA Housing Affordability Index

Minden, Iowa has an MBR Housing Affordability Index score of 197.1 (Highly Affordable) as of October 30, 2026, ranking 295th most affordable of 891 scored Iowa cities, compared with 126.4 statewide and 97.4 nationally. On a median-priced $170,500 home with 20% down, the Iowa average 30-year fixed rate of 7.17% means a monthly principal and interest payment of about $923, or 10% of the city’s $109,167 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Minden 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.

Minden MBR-HAI 197.1 Highly Affordable
Rank in Iowa 295 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 $170,500 U.S. Census Bureau

Minden is 70.8 points above the Iowa score. Scores as of October 30, 2026. See the Iowa index

View Minden Mortgage Rates

What It Takes to Buy in Minden

$923/mo
Principal & Interest
Median home, 20% down, 7.17%
$39,600
Income Needed
To keep the payment at 28% of income
$109,167
Median Household Income
Iowa: $75,059
1.6x
Price-to-Income Ratio
Iowa: 2.8x
$1,181/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,696/yr
Median Property Tax
1.58% of median value
9.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
17.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Minden Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Minden, Iowa score: 197.1 (Highly Affordable), ranked 295 of 891 Iowa cities. monitorbankrates.com/housing-affordability-index/iowa/minden”