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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

Whitmore Lake, MI Housing Affordability Index

Whitmore Lake, Michigan has an MBR Housing Affordability Index score of 108.7 (Near National Average) as of October 30, 2026, ranking 483rd most affordable of 629 scored Michigan cities, compared with 108.6 statewide and 97.4 nationally. On a median-priced $287,700 home with 20% down, the Michigan average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $1,579, or 22% of the city’s $86,779 median household income.

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

Whitmore Lake MBR-HAI 108.7 Near National Average
Rank in Michigan 483 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 $287,700 U.S. Census Bureau

Whitmore Lake is even with the Michigan score. Scores as of October 30, 2026. See the Michigan index

View Whitmore Lake Mortgage Rates

What It Takes to Buy in Whitmore Lake

$1,579/mo
Principal & Interest
Median home, 20% down, 7.31%
$67,700
Income Needed
To keep the payment at 28% of income
$86,779
Median Household Income
Michigan: $72,875
3.3x
Price-to-Income Ratio
Michigan: 3.2x
$1,416/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,360/yr
Median Property Tax
1.52% of median value
16.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
26.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Whitmore Lake Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Whitmore Lake, Michigan score: 108.7 (Near National Average), ranked 483 of 629 Michigan cities. monitorbankrates.com/housing-affordability-index/michigan/whitmore-lake”