MonitorBankRates
☰
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

Luke, MD Housing Affordability Index

Luke, Maryland has an MBR Housing Affordability Index score of 355.0 (Highly Affordable) as of October 30, 2026, ranking 1st most affordable of 259 scored Maryland cities, compared with 89.4 statewide and 97.4 nationally. On a median-priced $51,000 home with 20% down, the Maryland average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $279, or 4% of the city’s $81,250 median household income.

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

Luke MBR-HAI 355.0 Highly Affordable
Rank in Maryland 1 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 $51,000 U.S. Census Bureau

Luke is 265.7 points above the Maryland score. Scores as of October 30, 2026. See the Maryland index

View Luke Mortgage Rates

What It Takes to Buy in Luke

$279/mo
Principal & Interest
Median home, 20% down, 7.27%
$11,900
Income Needed
To keep the payment at 28% of income
$81,250
Median Household Income
Maryland: $103,678
0.6x
Price-to-Income Ratio
Maryland: 4.1x
$450/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,182/yr
Median Property Tax
Maryland figure
26.6%
Owner Cost Burden
Owners spending 30%+ of income on housing
48.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Luke Ranks in Maryland

Cities with similar scores
#1Luke355.0
#2Henderson329.1 #3Kitzmiller221.2 #4Corriganville206.1
Powered byMonitorBankRates

Cite the Luke Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Luke, Maryland score: 355.0 (Highly Affordable), ranked 1 of 259 Maryland cities. monitorbankrates.com/housing-affordability-index/maryland/luke”