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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

Village of Clarkston, MI Housing Affordability Index

Village of Clarkston, Michigan has an MBR Housing Affordability Index score of 83.0 (Moderately Less Affordable) as of October 30, 2026, ranking 612th most affordable of 629 scored Michigan cities, compared with 108.6 statewide and 97.4 nationally. On a median-priced $457,800 home with 20% down, the Michigan average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $2,512, or 32% of the city’s $93,452 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Village of Clarkston 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.

Village of Clarkston MBR-HAI 83.0 Moderately Less Affordable
Rank in Michigan 612 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 $457,800 U.S. Census Bureau

Village of Clarkston is 25.6 points below the Michigan score. Scores as of October 30, 2026. See the Michigan index

View Village of Clarkston Mortgage Rates

See What You Can Afford in Village of Clarkston, Michigan

Use this Village of Clarkston, Michigan home affordability calculator to see how much house you can afford at today’s Michigan average 30-year mortgage rate of 7.31%. A household earning the Village of Clarkston median income of $93,452, with no other debts and $92,000 down, can afford a home of about $339,054, compared with a median home value of $457,800. Buying the median priced home with 20% down takes a household income of about $135,800 once property tax and insurance are counted.

Village of Clarkston median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Michigan average, 30-year fixed
Village of Clarkston median bill (Census)
Estimate; use your quote
You can afford a home up to
$339,054
Below the Village of Clarkston median home value of $457,800
Loan amount$247,054
Principal & interest$1,695/mo
Property tax$345/mo
Home insurance$141/mo
PMI$0/mo
Total monthly payment$2,181/mo
Compare Village of Clarkston Mortgage Rates

How much house can you afford in Village of Clarkston?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Village of Clarkston, property taxes run about 1.22% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $4,984 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Village of Clarkston

$2,512/mo
Principal & Interest
Median home, 20% down, 7.31%
$107,700
Income Needed
To keep principal and interest at 28% of income
$93,452
Median Household Income
Michigan: $72,875
4.9x
Price-to-Income Ratio
Michigan: 3.2x
$1,770/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$5,585/yr
Median Property Tax
1.22% of median value
18.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
51.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Village of Clarkston Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Village of Clarkston, Michigan score: 83.0 (Moderately Less Affordable), ranked 612 of 629 Michigan cities. monitorbankrates.com/housing-affordability-index/michigan/village-of-clarkston”