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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

Long Prairie, MN Housing Affordability Index

Long Prairie, Minnesota has an MBR Housing Affordability Index score of 126.9 (Highly Affordable) as of October 30, 2026, ranking 423rd most affordable of 809 scored Minnesota cities, compared with 97.5 statewide and 97.4 nationally. On a median-priced $152,000 home with 20% down, the Minnesota average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $831, or 17% of the city’s $58,786 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Long Prairie 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.

Long Prairie MBR-HAI 126.9 Highly Affordable
Rank in Minnesota 423 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 $152,000 U.S. Census Bureau

Long Prairie is 29.4 points above the Minnesota score. Scores as of October 30, 2026. See the Minnesota index

View Long Prairie Mortgage Rates

What It Takes to Buy in Long Prairie

$831/mo
Principal & Interest
Median home, 20% down, 7.27%
$35,600
Income Needed
To keep the payment at 28% of income
$58,786
Median Household Income
Minnesota: $89,062
2.6x
Price-to-Income Ratio
Minnesota: 3.7x
$807/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,684/yr
Median Property Tax
1.11% of median value
32.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
43.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

How Long Prairie Ranks in Minnesota

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Cite the Long Prairie Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Long Prairie, Minnesota score: 126.9 (Highly Affordable), ranked 423 of 809 Minnesota cities. monitorbankrates.com/housing-affordability-index/minnesota/long-prairie”