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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

Lexington, MA Housing Affordability Index

Lexington, Massachusetts has an MBR Housing Affordability Index score of 81.5 (Moderately Less Affordable) as of October 30, 2026, ranking 73rd most affordable of 193 scored Massachusetts cities, compared with 76.0 statewide and 97.4 nationally. On a median-priced $1,203,100 home with 20% down, a jumbo loan at 7.35% means a monthly principal and interest payment of about $6,633, or 33% of the city’s $238,444 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Lexington is updated every night from live Massachusetts 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.

Lexington MBR-HAI 81.5 Moderately Less Affordable
Rank in Massachusetts 73 of 193 1 = most affordable
Massachusetts 76.0 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.10% Massachusetts lenders
Median home value $1,203,100 U.S. Census Bureau

Lexington is 5.6 points above the Massachusetts score. Scores as of October 30, 2026. See the Massachusetts index

View Lexington Mortgage Rates

What It Takes to Buy in Lexington

$6,633/mo
Principal & Interest
Median home, 20% down, 7.35% jumbo
$284,300
Income Needed
To keep the payment at 28% of income
$238,444
Median Household Income
Massachusetts: $103,960
5.0x
Price-to-Income Ratio
Massachusetts: 5.4x
$3,811/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$6,085/yr
Median Property Tax
Massachusetts figure
22.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
46.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Lexington, Massachusetts. The rate is the Massachusetts 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 Lexington Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Lexington, Massachusetts score: 81.5 (Moderately Less Affordable), ranked 73 of 193 Massachusetts cities. monitorbankrates.com/housing-affordability-index/massachusetts/lexington”