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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

Chevy Chase, MD Housing Affordability Index

Chevy Chase, Maryland has an MBR Housing Affordability Index score of 66.5 (Significantly Less Affordable) as of October 30, 2026, ranking 253rd most affordable of 259 scored Maryland cities, compared with 89.4 statewide and 97.4 nationally. On a median-priced $1,670,600 home with 20% down, a jumbo loan at 7.52% means a monthly principal and interest payment of about $9,359, or 53% of the city’s $211,765 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Chevy Chase is updated every night from live Maryland 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.

Chevy Chase MBR-HAI 66.5 Significantly Less Affordable
Rank in Maryland 253 of 259 1 = most affordable
Maryland 89.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% Maryland lenders
Median home value $1,670,600 U.S. Census Bureau

Chevy Chase is 22.9 points below the Maryland score. Scores as of October 30, 2026. See the Maryland index

View Chevy Chase Mortgage Rates

What It Takes to Buy in Chevy Chase

$9,359/mo
Principal & Interest
Median home, 20% down, 7.52% jumbo
$401,100
Income Needed
To keep the payment at 28% of income
$211,765
Median Household Income
Maryland: $103,678
7.9x
Price-to-Income Ratio
Maryland: 4.1x
$3,677/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,182/yr
Median Property Tax
Maryland figure
23.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
65.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Chevy Chase, Maryland. The rate is the Maryland average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state. A 20% down loan on the median home here is above the $832,750 conforming limit, so the index adds 0.25% for jumbo pricing.

Cite the Chevy Chase Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Chevy Chase, Maryland score: 66.5 (Significantly Less Affordable), ranked 253 of 259 Maryland cities. monitorbankrates.com/housing-affordability-index/maryland/chevy-chase”