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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

Deephaven, MN Housing Affordability Index

Deephaven, Minnesota has an MBR Housing Affordability Index score of 82.9 (Moderately Less Affordable) as of October 30, 2026, ranking 789th most affordable of 809 scored Minnesota cities, compared with 97.5 statewide and 97.4 nationally. On a median-priced $935,900 home with 20% down, the Minnesota average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $5,116, or 31% of the city’s $197,679 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Deephaven 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.

Deephaven MBR-HAI 82.9 Moderately Less Affordable
Rank in Minnesota 789 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 $935,900 U.S. Census Bureau

Deephaven is 14.6 points below the Minnesota score. Scores as of October 30, 2026. See the Minnesota index

View Deephaven Mortgage Rates

What It Takes to Buy in Deephaven

$5,116/mo
Principal & Interest
Median home, 20% down, 7.27%
$219,200
Income Needed
To keep the payment at 28% of income
$197,679
Median Household Income
Minnesota: $89,062
4.7x
Price-to-Income Ratio
Minnesota: 3.7x
$2,810/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$9,957/yr
Median Property Tax
1.06% of median value
22.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
51.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Deephaven Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Deephaven, Minnesota score: 82.9 (Moderately Less Affordable), ranked 789 of 809 Minnesota cities. monitorbankrates.com/housing-affordability-index/minnesota/deephaven”