MonitorBankRates
☰
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

Columbia Heights, MN Housing Affordability Index

Columbia Heights, Minnesota has an MBR Housing Affordability Index score of 92.8 (Near National Average) as of October 30, 2026, ranking 729th most affordable of 809 scored Minnesota cities, compared with 97.5 statewide and 97.4 nationally. On a median-priced $277,600 home with 20% down, the Minnesota average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $1,517, or 25% of the city’s $73,691 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Columbia Heights 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.

Columbia Heights MBR-HAI 92.8 Near National Average
Rank in Minnesota 729 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 $277,600 U.S. Census Bureau

Columbia Heights is 4.7 points below the Minnesota score. Scores as of October 30, 2026. See the Minnesota index

View Columbia Heights Mortgage Rates

What It Takes to Buy in Columbia Heights

$1,517/mo
Principal & Interest
Median home, 20% down, 7.27%
$65,000
Income Needed
To keep the payment at 28% of income
$73,691
Median Household Income
Minnesota: $89,062
3.8x
Price-to-Income Ratio
Minnesota: 3.7x
$1,551/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,029/yr
Median Property Tax
1.09% of median value
25.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
56.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Columbia Heights Ranks in Minnesota

Powered byMonitorBankRates

Cite the Columbia Heights Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Columbia Heights, Minnesota score: 92.8 (Near National Average), ranked 729 of 809 Minnesota cities. monitorbankrates.com/housing-affordability-index/minnesota/columbia-heights”