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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

Redfield, IA Housing Affordability Index

Redfield, Iowa has an MBR Housing Affordability Index score of 170.1 (Highly Affordable) as of October 30, 2026, ranking 451st most affordable of 891 scored Iowa cities, compared with 126.4 statewide and 97.4 nationally. On a median-priced $142,800 home with 20% down, the Iowa average 30-year fixed rate of 7.17% means a monthly principal and interest payment of about $773, or 14% of the city’s $66,094 median household income.

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

Redfield MBR-HAI 170.1 Highly Affordable
Rank in Iowa 451 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 $142,800 U.S. Census Bureau

Redfield is 43.7 points above the Iowa score. Scores as of October 30, 2026. See the Iowa index

View Redfield Mortgage Rates

What It Takes to Buy in Redfield

$773/mo
Principal & Interest
Median home, 20% down, 7.17%
$33,100
Income Needed
To keep the payment at 28% of income
$66,094
Median Household Income
Iowa: $75,059
2.2x
Price-to-Income Ratio
Iowa: 2.8x
$854/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,865/yr
Median Property Tax
1.31% of median value
9.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
14.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Redfield Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Redfield, Iowa score: 170.1 (Highly Affordable), ranked 451 of 891 Iowa cities. monitorbankrates.com/housing-affordability-index/iowa/redfield”