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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

Dry Ridge, KY Housing Affordability Index

Dry Ridge, Kentucky has an MBR Housing Affordability Index score of 111.2 (More Affordable Than Average) as of October 30, 2026, ranking 354th most affordable of 431 scored Kentucky cities, compared with 120.8 statewide and 97.4 nationally. On a median-priced $216,800 home with 20% down, the Kentucky average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $1,185, or 25% of the city’s $55,995 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Dry Ridge is updated every night from live Kentucky 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.

Dry Ridge MBR-HAI 111.2 More Affordable Than Average
Rank in Kentucky 354 of 431 1 = most affordable
Kentucky 120.8 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% Kentucky lenders
Median home value $216,800 U.S. Census Bureau

Dry Ridge is 9.6 points below the Kentucky score. Scores as of October 30, 2026. See the Kentucky index

View Dry Ridge Mortgage Rates

What It Takes to Buy in Dry Ridge

$1,185/mo
Principal & Interest
Median home, 20% down, 7.27%
$50,800
Income Needed
To keep the payment at 28% of income
$55,995
Median Household Income
Kentucky: $63,726
3.9x
Price-to-Income Ratio
Kentucky: 3.2x
$689/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,164/yr
Median Property Tax
1.00% of median value
17.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Dry Ridge Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Dry Ridge, Kentucky score: 111.2 (More Affordable Than Average), ranked 354 of 431 Kentucky cities. monitorbankrates.com/housing-affordability-index/kentucky/dry-ridge”