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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

New Melle, MO Housing Affordability Index

New Melle, Missouri has an MBR Housing Affordability Index score of 101.1 (Near National Average) as of October 30, 2026, ranking 786th most affordable of 822 scored Missouri cities, compared with 115.7 statewide and 97.4 nationally. On a median-priced $397,800 home with 20% down, the Missouri average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $2,173, or 23% of the city’s $114,375 median household income.

The MBR Housing Affordability Index (MBR-HAI) for New Melle is updated every night from live Missouri 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.

New Melle MBR-HAI 101.1 Near National Average
Rank in Missouri 786 of 822 1 = most affordable
Missouri 115.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% Missouri lenders
Median home value $397,800 U.S. Census Bureau

New Melle is 14.5 points below the Missouri score. Scores as of October 30, 2026. See the Missouri index

View New Melle Mortgage Rates

What It Takes to Buy in New Melle

$2,173/mo
Principal & Interest
Median home, 20% down, 7.26%
$93,100
Income Needed
To keep the payment at 28% of income
$114,375
Median Household Income
Missouri: $70,702
3.5x
Price-to-Income Ratio
Missouri: 3.3x
$1,787/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,412/yr
Median Property Tax
1.11% of median value
28.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
50.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the New Melle Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. New Melle, Missouri score: 101.1 (Near National Average), ranked 786 of 822 Missouri cities. monitorbankrates.com/housing-affordability-index/missouri/new-melle”