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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

Swaledale, IA Housing Affordability Index

Swaledale, Iowa has an MBR Housing Affordability Index score of 226.2 (Highly Affordable) as of October 30, 2026, ranking 176th most affordable of 891 scored Iowa cities, compared with 126.4 statewide and 97.4 nationally. On a median-priced $62,900 home with 20% down, the Iowa average 30-year fixed rate of 7.17% means a monthly principal and interest payment of about $341, or 8% of the city’s $51,912 median household income.

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

Swaledale MBR-HAI 226.2 Highly Affordable
Rank in Iowa 176 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 $62,900 U.S. Census Bureau

Swaledale is 99.8 points above the Iowa score. Scores as of October 30, 2026. See the Iowa index

View Swaledale Mortgage Rates

See What You Can Afford in Swaledale, Iowa

Use this Swaledale, Iowa home affordability calculator to see how much house you can afford at today’s Iowa average 30-year mortgage rate of 7.17%. A household earning the Swaledale median income of $51,912, with no other debts and $13,000 down, can afford a home of about $143,094, compared with a median home value of $62,900. Buying the median priced home with 20% down takes a household income of about $19,800 once property tax and insurance are counted.

Swaledale median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Iowa average, 30-year fixed
Swaledale median bill (Census)
Estimate; use your quote
You can afford a home up to
$143,094
At or above the Swaledale median home value of $62,900
Loan amount$130,094
Principal & interest$880/mo
Property tax$217/mo
Home insurance$60/mo
PMI$54/mo
Total monthly payment$1,211/mo
Compare Swaledale Mortgage Rates

How much house can you afford in Swaledale?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Swaledale, property taxes run about 1.82% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $2,379 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Swaledale

$341/mo
Principal & Interest
Median home, 20% down, 7.17%
$14,600
Income Needed
To keep principal and interest at 28% of income
$51,912
Median Household Income
Iowa: $75,059
1.2x
Price-to-Income Ratio
Iowa: 2.8x
$527/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,143/yr
Median Property Tax
1.82% of median value
40.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
39.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Swaledale Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Swaledale, Iowa score: 226.2 (Highly Affordable), ranked 176 of 891 Iowa cities. monitorbankrates.com/housing-affordability-index/iowa/swaledale”