Michigan Housing Affordability Index
Daily affordability score for Michigan compared to the national average. Updated every night using live mortgage rates and U.S. Census Bureau income and home value data.
Michigan Affordability Ranking
Michigan MBR-HAI · 90-Day Trend
Dashed line = national average. Amber dashed line = 100 baseline. Score updates each morning after the nightly rate aggregation run.
Key Affordability Factors · Michigan
Source: U.S. Census Bureau American Community Survey and Current Population Survey. Mortgage rate from MBR live rate database.
How Michigan Ranks Among All States
| Rank | State | MBR-HAI Score | Affordability |
|---|---|---|---|
| ▲ See top 13 states → | |||
| 14 | South Carolina | 114.9 | More Affordable Than Avg |
| 15 | New Mexico | 114.6 | More Affordable Than Avg |
| 16 | South Dakota | 114.1 | More Affordable Than Avg |
| 17 | Michigan You are here | 111.0 | More Affordable Than Avg |
| 18 | Pennsylvania | 110.6 | More Affordable Than Avg |
| 19 | Nebraska | 109.7 | Near National Average |
| 20 | Georgia | 107.4 | Near National Average |
| ▼ See all 51 state rankings → | |||
Showing states ranked near Michigan · May 26, 2026 • View complete national rankings →
Download Michigan HAI Data
2026-05-26,MI,111.0,100.0,6.699
Daily scores for all 51 states, filter by state or date in Excel or Google Sheets.
All States (CSV)Press & Citation Resources · Michigan
Ready-to-publish sentences using today's Michigan data, an email template you can send to clients, and direct contact for press inquiries or custom data requests.
Ready-to-Publish Sentences
Each sentence updates daily with the live Michigan score. Free for editorial use with attribution to MonitorBankRates.
In Michigan, the MonitorBankRates (MBR) Housing Affordability Index stood at 111.0 on May 26, 2026, ranking #17 of 51 U.S. states for homeownership affordability and indicating more affordable than avg conditions relative to the national baseline. The state-level reading combines Michigan's 30-year mortgage rate average of 6.699% with U.S. Census Bureau housing values, household income, property taxes, and cost burden data.
“Michigan's MonitorBankRates (MBR) Housing Affordability Index score of 111.0 places it #17 of 51 nationwide. Above the 100 baseline, that means buyer purchasing power in Michigan is stronger than the long-run national average computed at a 6.5% mortgage rate. The state's 30-year average is currently 6.699%, and the index outperforms the national average.”
Brian McKay, MonitorBankRates
🏠 MonitorBankRates (MBR) Housing Affordability Index. Michigan: 111.0 (More Affordable Than Avg), rank #17 of 51 states. 30-yr mortgage avg: 6.70%. National baseline = 100. Updated daily · via @MonitorBankRates → https://www.monitorbankrates.com/housing-affordability-index/michigan/
Housing affordability in Michigan is currently sitting at 111.0 on the MonitorBankRates (MBR) Housing Affordability Index, ranking it #17 of 51 U.S. states. With 100 representing the long-term national baseline at a 6.5% reference rate, Michigan's 30-year mortgage rate of 6.70% reflects more affordable than avg conditions for local buyers. The state outperforms the national average as a whole.
Mortgage Broker Email Template
Pre-written client update for Michigan homebuyers. Personalize the bracketed fields and send.
For Press & Researchers
The Michigan MBR-HAI is free to cite for editorial, academic, and policy use with attribution. We're happy to provide additional support:
- Custom data cuts: Michigan metros, MSAs, or historical slices on request
- Embargo-friendly releases: give us 24 hours notice for scheduled coverage
- Background interviews: methodology, market context, or commentary on rate moves
- Direct contact: contact form or reply to any address listed there
For our published citation history and recent media mentions, see MBR in the Press.
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