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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

Millstone, NJ Housing Affordability Index

Millstone, New Jersey has an MBR Housing Affordability Index score of 112.8 (More Affordable Than Average) as of October 30, 2026, ranking 67th most affordable of 455 scored New Jersey cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $494,500 home with 20% down, the New Jersey average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $2,703, or 23% of the city’s $141,709 median household income.

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

Millstone MBR-HAI 112.8 More Affordable Than Average
Rank in New Jersey 67 of 455 1 = most affordable
New Jersey 83.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% New Jersey lenders
Median home value $494,500 U.S. Census Bureau

Millstone is 29.4 points above the New Jersey score. Scores as of October 30, 2026. See the New Jersey index

View Millstone Mortgage Rates

What It Takes to Buy in Millstone

$2,703/mo
Principal & Interest
Median home, 20% down, 7.27%
$115,800
Income Needed
To keep the payment at 28% of income
$141,709
Median Household Income
New Jersey: $103,556
3.5x
Price-to-Income Ratio
New Jersey: 4.4x
$2,560/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$8,938/yr
Median Property Tax
1.81% of median value
16.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
13.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Millstone Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Millstone, New Jersey score: 112.8 (More Affordable Than Average), ranked 67 of 455 New Jersey cities. monitorbankrates.com/housing-affordability-index/new-jersey/millstone”