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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

Bemidji, MN Housing Affordability Index

Bemidji, Minnesota has an MBR Housing Affordability Index score of 100.4 (Near National Average) as of October 30, 2026, ranking 654th most affordable of 809 scored Minnesota cities, compared with 97.5 statewide and 97.4 nationally. On a median-priced $198,300 home with 20% down, the Minnesota average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $1,084, or 23% of the city’s $55,405 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Bemidji is updated every night from live Minnesota 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.

Bemidji MBR-HAI 100.4 Near National Average
Rank in Minnesota 654 of 809 1 = most affordable
Minnesota 97.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% Minnesota lenders
Median home value $198,300 U.S. Census Bureau

Bemidji is 2.9 points above the Minnesota score. Scores as of October 30, 2026. See the Minnesota index

View Bemidji Mortgage Rates

What It Takes to Buy in Bemidji

$1,084/mo
Principal & Interest
Median home, 20% down, 7.27%
$46,500
Income Needed
To keep the payment at 28% of income
$55,405
Median Household Income
Minnesota: $89,062
3.6x
Price-to-Income Ratio
Minnesota: 3.7x
$986/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,370/yr
Median Property Tax
1.20% of median value
27.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
44.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Bemidji Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Bemidji, Minnesota score: 100.4 (Near National Average), ranked 654 of 809 Minnesota cities. monitorbankrates.com/housing-affordability-index/minnesota/bemidji”