Minnesota Housing Affordability Index

Daily affordability score for Minnesota compared to the national average — updated every night using live mortgage rates and U.S. Census Bureau income and home value data.

Live Score

Minnesota

104.3

Near National Average

MBR-HAI • April 10, 2026

National Average

100.6

Near National Average

MBR-HAI • April 10, 2026

National Rank #32 of 51 states

vs. National Average +3.7 points

30-yr Rate Used 6.508%

Median Home Value $329,300

Median Household Income $89,062

View all state rankings →

Minnesota Affordability Ranking

#32 of 51 states — April 10, 2026 Less affordable than average

Most Affordable Least Affordable

More affordable than: 19 of 51 states (37%)

Less affordable than: 31 of 51 states (61%)

MBR-HAI Score: 104.3 vs. national 100.6 (+3.7 points)

Nearby States

↑ 29 more affordable states above

#30 TX 105.6

#31 AZ 104.7

#32 Minnesota ◀ 104.3

#33 MT 103.0

#34 VA 102.8

↓ 17 less affordable states below

Top 5 Most Affordable

#1 WV 139.9

#2 AR 131.2

#3 AL 129.8

#4 IA 129.6

#5 MS 126.3

Bottom 5 Least Affordable

#47 RI 90.6

#48 NY 89.3

#49 OR 89.2

#50 MA 87.2

#51 CA 81.5

View full 51-state rankings →

Minnesota MBR-HAI — 90-Day Trend

Minnesota

National Average

Dashed line = national average. Amber dashed line = 100 baseline. Score updates each morning after the nightly rate aggregation run.

Key Affordability Factors — Minnesota

$329,300

Median Home Value

U.S. median: varies by state

$89,062

Median Household Income

U.S. median: $80,734

3.7x

Price-to-Income Ratio

Home value ÷ income

$1,463/mo

Median Owner Costs

19.7% of income annually

$3,290/yr

Median Property Tax

1.00% effective rate

72.6%

Homeownership Rate

U.S. average: 65.7%

23.2%

Owner Cost Burden

% spending 30%+ of income on housing

6.508%

30-yr Mortgage Rate

State average • April 10, 2026

Source: U.S. Census Bureau ACS 5-Year Estimates (2024), CPS/HVS Q4 2025. Mortgage rate from MBR live rate database.

How Minnesota Ranks Among All States

#32

of 51 states

Least Affordable Most Affordable

Minnesota is more affordable than 38% of U.S. states — Near National Average

104.3

MBR-HAI Score

Rank	State	MBR-HAI Score	Affordability
▲ See top 28 states →
29	Utah	106.2	Near National Average
30	Texas	105.6	Near National Average
31	Arizona	104.7	Near National Average
32	Minnesota You are here	104.3	Near National Average
33	Montana	103.0	Near National Average
34	Virginia	102.8	Near National Average
35	Maine	100.2	Near National Average
▼ See all 51 state rankings →

Showing states ranked near Minnesota — April 10, 2026 • View complete national rankings →

Download Minnesota HAI Data

Minnesota History (CSV)

Daily score vs. national • all dates

                    date,state,hai_score,national_score,rate_used

                    2026-04-10,MN,104.3,100.6,6.508                

Download MN History (CSV)

All 51 States (CSV)

Compare Minnesota to every state

Daily scores for all 51 states — filter by state or date in Excel or Google Sheets.

All States (CSV)

Explore Further

National MBR-HAI Rankings

See how Minnesota ranks among all 51 states and the national average.

HAI Methodology

How the 10-component formula is computed, data sources, and score interpretation.

Minnesota Mortgage Rates

Live 30-year and 15-year rates from banks and credit unions in Minnesota.