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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

Lake Angelus, MI Housing Affordability Index

Lake Angelus, Michigan has an MBR Housing Affordability Index score of 88.5 (Moderately Less Affordable) as of October 30, 2026, ranking 589th most affordable of 629 scored Michigan cities, compared with 108.6 statewide and 97.4 nationally. On a median-priced $1,052,100 home with 20% down, a jumbo loan at 7.56% means a monthly principal and interest payment of about $5,917, or 33% of the city’s $216,908 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Lake Angelus 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.

Lake Angelus MBR-HAI 88.5 Moderately Less Affordable
Rank in Michigan 589 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 $1,052,100 U.S. Census Bureau

Lake Angelus is 20.2 points below the Michigan score. Scores as of October 30, 2026. See the Michigan index

View Lake Angelus Mortgage Rates

What It Takes to Buy in Lake Angelus

$5,917/mo
Principal & Interest
Median home, 20% down, 7.56% jumbo
$253,600
Income Needed
To keep the payment at 28% of income
$216,908
Median Household Income
Michigan: $72,875
4.9x
Price-to-Income Ratio
Michigan: 3.2x
$2,750/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,920/yr
Median Property Tax
Michigan figure
34.1%
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 Lake Angelus, Michigan. The rate is the Michigan 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 Lake Angelus Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Lake Angelus, Michigan score: 88.5 (Moderately Less Affordable), ranked 589 of 629 Michigan cities. monitorbankrates.com/housing-affordability-index/michigan/lake-angelus”