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

Arcadia, MI Housing Affordability Index

Arcadia, Michigan has an MBR Housing Affordability Index score of 120.7 (Highly Affordable) as of October 30, 2026, ranking 371st most affordable of 629 scored Michigan cities, compared with 108.6 statewide and 97.4 nationally. On a median-priced $262,500 home with 20% down, the Michigan average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $1,440, or 20% of the city’s $85,694 median household income.

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

Arcadia MBR-HAI 120.7 Highly Affordable
Rank in Michigan 371 of 629 1 = most affordable
Michigan 108.6 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Michigan lenders
Median home value $262,500 U.S. Census Bureau

Arcadia is 12.0 points above the Michigan score. Scores as of October 30, 2026. See the Michigan index

View Arcadia Mortgage Rates

What It Takes to Buy in Arcadia

$1,440/mo
Principal & Interest
Median home, 20% down, 7.31%
$61,700
Income Needed
To keep the payment at 28% of income
$85,694
Median Household Income
Michigan: $72,875
3.1x
Price-to-Income Ratio
Michigan: 3.2x
$675/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,846/yr
Median Property Tax
1.47% of median value
25.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
47.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Arcadia Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Arcadia, Michigan score: 120.7 (Highly Affordable), ranked 371 of 629 Michigan cities. monitorbankrates.com/housing-affordability-index/michigan/arcadia”