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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

West Okoboji, IA Housing Affordability Index

West Okoboji, Iowa has an MBR Housing Affordability Index score of 72.6 (Moderately Less Affordable) as of October 30, 2026, ranking 891st most affordable of 891 scored Iowa cities, compared with 126.4 statewide and 97.4 nationally. On a median-priced $593,800 home with 20% down, the Iowa average 30-year fixed rate of 7.17% means a monthly principal and interest payment of about $3,215, or 58% of the city’s $66,250 median household income.

The MBR Housing Affordability Index (MBR-HAI) for West Okoboji 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.

West Okoboji MBR-HAI 72.6 Moderately Less Affordable
Rank in Iowa 891 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 $593,800 U.S. Census Bureau

West Okoboji is 53.7 points below the Iowa score. Scores as of October 30, 2026. See the Iowa index

View West Okoboji Mortgage Rates

What It Takes to Buy in West Okoboji

$3,215/mo
Principal & Interest
Median home, 20% down, 7.17%
$137,800
Income Needed
To keep the payment at 28% of income
$66,250
Median Household Income
Iowa: $75,059
9.0x
Price-to-Income Ratio
Iowa: 2.8x
$1,250/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,533/yr
Median Property Tax
0.59% of median value
22.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
78.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How West Okoboji Ranks in Iowa

Cities with similar scores
#888Iowa City86.1 #889Shueyville84.8 #890Orleans77.1
#891West Okoboji72.6
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Cite the West Okoboji Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. West Okoboji, Iowa score: 72.6 (Moderately Less Affordable), ranked 891 of 891 Iowa cities. monitorbankrates.com/housing-affordability-index/iowa/west-okoboji”