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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

Lincoln, MI Housing Affordability Index

Lincoln, Michigan has an MBR Housing Affordability Index score of 118.8 (More Affordable Than Average) as of October 30, 2026, ranking 397th most affordable of 629 scored Michigan cities, compared with 108.6 statewide and 97.4 nationally. On a median-priced $125,000 home with 20% down, the Michigan average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $686, or 22% of the city’s $37,679 median household income.

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

Lincoln MBR-HAI 118.8 More Affordable Than Average
Rank in Michigan 397 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 $125,000 U.S. Census Bureau

Lincoln is 10.1 points above the Michigan score. Scores as of October 30, 2026. See the Michigan index

View Lincoln Mortgage Rates

What It Takes to Buy in Lincoln

$686/mo
Principal & Interest
Median home, 20% down, 7.31%
$29,400
Income Needed
To keep the payment at 28% of income
$37,679
Median Household Income
Michigan: $72,875
3.3x
Price-to-Income Ratio
Michigan: 3.2x
$542/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,438/yr
Median Property Tax
1.15% of median value
17.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
45.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Lincoln Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Lincoln, Michigan score: 118.8 (More Affordable Than Average), ranked 397 of 629 Michigan cities. monitorbankrates.com/housing-affordability-index/michigan/lincoln”