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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

Ludlow, KY Housing Affordability Index

Ludlow, Kentucky has an MBR Housing Affordability Index score of 127.3 (Highly Affordable) as of October 30, 2026, ranking 238th most affordable of 431 scored Kentucky cities, compared with 120.8 statewide and 97.4 nationally. On a median-priced $184,800 home with 20% down, the Kentucky average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $1,010, or 19% of the city’s $65,284 median household income.

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

Ludlow MBR-HAI 127.3 Highly Affordable
Rank in Kentucky 238 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 $184,800 U.S. Census Bureau

Ludlow is 6.5 points above the Kentucky score. Scores as of October 30, 2026. See the Kentucky index

View Ludlow Mortgage Rates

See What You Can Afford in Ludlow, Kentucky

Use this Ludlow, Kentucky home affordability calculator to see how much house you can afford at today’s Kentucky average 30-year mortgage rate of 7.27%. A household earning the Ludlow median income of $65,284, with no other debts and $37,000 down, can afford a home of about $205,126, compared with a median home value of $184,800. Buying the median priced home with 20% down takes a household income of about $55,000 once property tax and insurance are counted.

Ludlow median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Kentucky average, 30-year fixed
Ludlow median bill (Census)
Estimate; use your quote
You can afford a home up to
$205,126
At or above the Ludlow median home value of $184,800
Loan amount$168,126
Principal & interest$1,149/mo
Property tax$219/mo
Home insurance$85/mo
PMI$70/mo
Total monthly payment$1,523/mo
Compare Ludlow Mortgage Rates

How much house can you afford in Ludlow?

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 Ludlow, property taxes run about 1.28% 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 $3,219 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 Ludlow

$1,010/mo
Principal & Interest
Median home, 20% down, 7.27%
$43,300
Income Needed
To keep principal and interest at 28% of income
$65,284
Median Household Income
Kentucky: $63,726
2.8x
Price-to-Income Ratio
Kentucky: 3.2x
$988/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,365/yr
Median Property Tax
1.28% of median value
24.6%
Owner Cost Burden
Owners spending 30%+ of income on housing
20.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Ludlow Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Ludlow, Kentucky score: 127.3 (Highly Affordable), ranked 238 of 431 Kentucky cities. monitorbankrates.com/housing-affordability-index/kentucky/ludlow”